Six Financial Institutions Select Cleartouch from Fiserv for Account Processing

August 21, 2012

  • Cleartouch account processing platform provides an integrated, end-to-end solution with real-time technology
  • Agreements enable financial institutions to provide a large selection of products and services in a community bank setting
  • New solutions will facilitate integrated online banking, document management, source capture, bill payment, relationship management and item processing capabilities

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that six financial institutions have recently chosen Cleartouch® from Fiserv for account processing, in addition to related solutions for online banking, risk management, check capture, mobile banking, document imaging, card production, bill payment and accounting. The Cleartouch bank platform is an integrated, end-to-end solution that delivers real-time capabilities.

Mansfield Bank, a $372-million bank headquartered in Mansfield, Mass., selected Cleartouch from Fiserv due to its integration, easy-to-use navigation and single sign-on capabilities. The bank will implement additional Fiserv solutions, including AccountCreateSM for online account opening, AML Manager for risk management, Retail Online™ for online banking, CheckFree® RXP® for online bill pay, Financial Cards for card production and iVue® for business intelligence.

"Fiserv will help us compete in the digital marketplace by providing a robust online presence that includes an integrated system for bill payment, online account opening and mobile banking," said Hal Horvat, executive vice president, Mansfield Bank. "Standardized reporting will help make us a more efficient operation, while easy-to-use features and single sign-on capabilities will deliver a better customer experience. Fiserv understands the needs of banks of all sizes, including ours."

The Home Building & Loan Company, a $43-million bank in Greenfield, Ohio, chose Cleartouch as the foundation of a multi-product agreement, which includes Branch Source Capture™ for check capture and the Fiserv® Clearing Network for image exchange.

Kennebec Federal Savings & Loan Association in Kennebec, Maine, selected Cleartouch to help reduce multiple vendor relationships and improve integration. In addition to Cleartouch for account processing, the $76-million financial institution will implement AccountCreate for online account opening, the ACCEL/Exchange® PIN debit network, Mobiliti™ for mobile banking, Director™ for electronic content management and Popmoney® for person-to-person payments.

Magyar Bank, headquartered in New Brunswick, N.J., selected the Cleartouch bank platform, citing improved integration, solid client support and low-cost technology ownership as key factors in its decision. The $520-million bank will implement Director for electronic content management, Merchant Source Capture™ and Branch Source Capture for check capture, the Fiserv Clearing Network for image exchange, Relationship PricingSM for relationship management, eStatements for electronic document delivery and solutions for item processing.

Webster City Federal Savings Bank, a $91-million bank in Webster City, Iowa, selected Cleartouch for improved integration and low-cost technology ownership. In addition to Cleartouch for account processing, the bank will implement Popmoney for person-to-person payments, Debit Processing, Branch Source Capture for check capture, Fiserv Clearing Network for image exchange, eStatements for electronic document delivery, Fraud Risk Manager, General Ledger for financial management, Mobiliti for mobile banking and Director for electronic content management.

Winchester Savings Bank in Winchester, Mass., chose Cleartouch, citing efficiency and integration, as well as the wide array of additional solutions from Fiserv as keys to its decision. The $533-million bank will also deploy a host of Fiserv solutions, including Fraud Risk Manager, Prologue™ General Ledger for financial management, EasyLender® for loan origination, Retail Online for online banking, website hosting and management services, solutions for item processing, and debit and credit card management services.

"Fiserv looks forward to partnering with each of these financial institutions as we work together to streamline operations, improve efficiencies and deliver innovative technology to consumers," said Tom McBride, president and general manager, Cleartouch Solutions, Fiserv. "The Cleartouch bank platform's innovative, real-time capabilities provide powerful business analytics to help our clients meet their strategic goals, now and in the future."

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry. Fiserv is driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For six of the past eight years, Fiserv ranked No. 1 on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. For more information, visit


Media Relations:
Julie Smith
Public Relations Manager
Fiserv, Inc.
Additional Contact:
Karen Veling
SVP, Head of Marketing and Communications
Bank Solutions
Fiserv, Inc.

Source: Fiserv, Inc.

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