Fiserv's (FISV) Digital Banking Solution Expands Clientele
Zacks Investment Research | Jun 14, 2017 09:53PM ET
Fiserv Inc (NASDAQ:FISV). (NYSE:V) recently announced that Affinity Plus Federal Credit Union has chosen to implement the Architect digital banking solution to provide smooth digital banking experience to more than 130,000 online and mobile members.
The latest deal reflects growing clout of Fiserv’s digital banking solutions among banks and credit unions owing to its robust and expanding product portfolio.
Fiserv’s base solutions like DNA, Mobiliti and Now have been the primary growth factor for quite some time. We also note that solutions like Notifi, Architect, Premier, and Precision platforms are not only aiding it to win new customers but also expanding relationship with the existing ones.
Moreover, recent acquisitions like British financial services technology firm Monitise Plc and Online Banking Solutions (OBS) will help it to fast penetrate the mobile and digital as well as commercial banking arena. These will eventually drive the top-line growth consequently boosting stock price.
Fiserv, Inc. Revenue (TTM)
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