BANKLINK Signs 15 Fiserv VISION Clients to Install Its Web-based Cash Management Solution.BROOKFIELD, Wis. -- Fiserv, Inc. (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ) said its BANKLINK unit had signed 15 clients of its Fiserv VISION core processing system to install iLINK(TM), the Web-based cash management solution from BANKLINK, to broaden their offerings to corporate customers. Paul Frank Paul Frank (born Paul Frank Sunich, August 29, 1967) is an artist and fashion designer. Paul's creations adorn clothing and other products. Julius the Monkey is one of Paul Frank's best-known characters. , President of BANKLINK, said the integration between the VISION core application and iLINK enable financial institution corporate customers to seamlessly conduct cash management transactions. "Financial institutions are seeking tightly integrated product offerings to provide to their customers," Frank said. "With its modular approach and ability to add services, iLINK also anticipates the institution's market needs well into the future." Mike Rigney, President of Fiserv VISION, said savings institutions and other community banks are rapidly expanding their services for corporate clients as ways to better serve their customer base and increase fee income. "Cash management services are vitally important to our clients, so we're seeing a great deal of interest in iLINK," Rigney said. "At the same time, iLINK is complete and flexible enough for our clients to target a variety of market segments, from small businesses to large corporations." iLINK is a complete Web-based solution that offers the starting point Noun 1. starting point - earliest limiting point terminus a quo commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the for cash management - information reporting including controlled disbursements Controlled disbursement A service that provides for a single presentation of checks each day (typically in the early part of the day). and special reports - in addition to wire transfer, ACH origination, internal transfer, cash concentration, check management, stop-payment initiation, imaging, loan reporting and more. The solution was designed to deliver any set of cash management services to any market segment, priced specifically to be competitive in any market niche or segment while providing a path for unlimited end-user growth. Fiserv, Inc. (Nasdaq:FISV) provides industry leading information management systems and services to the financial industry, including transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin
Brookfield is a city in Waukesha County, Wisconsin, United States. The population was 38,649 at the 2000 census, but the city's population recently exceeded 40,000 people. , Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion