Four-bank holding company selects a full range of Fiserv solutions to
simplify vendor management and create a better, more consistent customer
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Putnam-Greene Financial
Corporation, a $510 million bank holding company headquartered in
Eatonton, Georgia, has selected Fiserv as its new technology partner.
The organization was looking for a partner with a strong focus on
service and a wide breadth of innovative technology.
"The level of service from all members of the Fiserv team has been
impressive. They continue to be very responsive and helpful," said Chip
Benton, president, Putnam-Greene Financial Corporation. "During the
decision process, we spoke with several other Fiserv clients of various
asset sizes, and we heard nothing but good comments about the software
and the people. This is highly unusual in such a complicated industry.
We have tremendous confidence in Fiserv."
The bank chose the Precision® core account processing
platform from Fiserv and is moving to an outsourced account processing
model for the first time. According to Benton, the move will help bank
staff sleep better at night.
"Many things come across a bank president's desk every day. I appreciate
the ability to hand off something this important to a proven team," said
Benton. "It will help our staff and me focus on priorities more directly
tied to profitability."
The bank is implementing a range of solutions from Fiserv, including
Retail Online™ and Business Online™ for consumer and business online
banking, CheckFree® RXP® and CheckFree Small
Business for consumer and business bill pay and a range of item
processing and EFT solutions. This single-vendor approach can be more
appealing to regulators and simplifies regulatory reporting. Integration
between the various systems will also help speed processes and
streamline workflows throughout the four chartered banks.
"There's significant focus right now on creating a new kind of banking
experience that resonates with the way people live today," said Byron
Vielehr, group president, Depository Institution Services, Fiserv.
"Putnam-Greene Financial Corporation is delivering on their customer's
expectations by creating an integrated digital experience, while also
streamlining processes to allow the bank's staff to spend more time with
Fiserv is the U.S. market leader in account processing services, and
more than one-third of U.S. financial institutions rely on Fiserv for
account processing solutions and expertise.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at fiserv.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients
worldwide to create and deliver financial services experiences that are
in step with the way people live and work today. For more than 30 years,
Fiserv has been a trusted leader in financial services technology,
helping clients achieve best-in-class results by driving quality and
innovation in payments, processing services, risk and compliance,
customer and channel management, and insights and optimization. Fiserv
is a member of the FORTUNE® 500 and has been named among the FORTUNE
Magazine World's Most Admired Companies® for four consecutive years,
ranking first in its category for innovation in 2016 and 2017. For more
information, visit fiserv.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170315005751/en/
Director, Public Relations
Elizabeth McMillan, APR
Source: Fiserv, Inc.
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