Fiserv's BANKLINK Unit Partners with Texas State Bank to Provide Online Treasury Management Services.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fiserv Inc. (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ) unit BANKLINK and Texas State Bank have agreed to terms for delivering the iLINK treasury management platform to the bank for use and distribution to its commercial banking customers. "We chose the iLINK platform from Fiserv BANKLINK because of its demonstrated ability to work with and tightly integrate in real time to our Fiserv ITI (Information Technology Industry Council, Washington, DC, www.itic.org) Formerly the Computer and Business Equipment Manufacturers Association (CBEMA), founded in 1916. ITI is a membership organization composed of approximately 30 large high-tech companies. core application and the fact that the iLINK platform is a single, robust and easy-to-use solution for our most demanding commercial customers," said Belinda-Leigh Hall, executive vice president of Texas State Bank, located in McAllen, Texas. "We thoroughly evaluated various cash management vendors, and we are very confident and comfortable that BANKLINK is the best choice to meet the sophisticated needs of our most significant commercial customers." The iLINK platform is a Web-based, flexible commercial cash management solution that can be integrated with any bank back-office system and customized to allow any financial institution the ability to offer it to commercial customers. Suiting small businesses to large corporate customers, the iLINK platform is modular, economical and scalable to address needs in all commercial market segments. BANKLINK, which now has more than 170 financial institutions of all asset tiers utilizing the iLINK platform, has developed the application and directly markets the entire iLINK suite of products and services to financial institutions. "Expanding our long-term relationship with Texas State Bank to now include online treasury management solutions through iLINK is both a privilege and a responsibility," said Michael Gantt, president of the Fiserv Bank Systems Group. "We look forward to further supporting TSB's success in its marketplace by applying more and more of Fiserv's unparalleled product and services capabilities on the bank's behalf." About BANKLINK BANKLINK, on the Web at www.BANKLINK.com, leads the market with innovative treasury management products and services to provide solutions for financial institutions. Established in 1977 as a full-service electronic banking company, BANKLINK today provides product and service solutions to financial institutions worldwide to meet the needs of their treasury management customers. BANKLINK offers the iLINK platform for information reporting, data exchange, multibank reporting, positive pay and transaction initiation services, including ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to , cash concentration, remote deposit, wire initiation and WireXchange. BANKLINK, located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , is a business unit of Fiserv Inc. About Fiserv Inc. Fiserv, Inc. (Nasdaq:FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include 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 , software and systems solutions. The company serves more than 17,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry worldwide in the 2005 and 2004 FinTech 100 surveys. Fiserv Health provides health plan management, pharmacy benefits management, and BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. ., Fiserv reported more than $4 billion in total revenue for 2005. For more information, please visit www.fiserv.com. |
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