back Back

Trintech acquires financial reconciliation solutions from Fiserv

By Delisha Fernandes

July 26, 2023

  • accounting
  • Digital Transformation
  • Fintech news
Share

TrintechTrintech, a global provider of cloud-based financial solutions, has announced its acquisition of Frontier Reconciliation and Accurate Reconciliation from Fiserv, a FinTech and payments solutions provider.

Through the acquisition, Trintech gains two reconciliation solutions, further enhancing the company’s portfolio of capabilities. Adding Frontier Reconciliation and Accurate Reconciliation enables newly acquired clients to benefit from product offerings and differentiated solutions across US and international markets. Fiserv will continue to deliver solutions and services to many of these clients.

“In this era of intense digital transformation, accounting automation, reconciliations, and financial close represent a significant market opportunity. This acquisition positions Trintech to provide even more compelling financial close capabilities, broaden the reach of our partner ecosystem and drive impressive ROI for our customers,” said Darren Heffernan, CEO of Trintech. “It’s also the latest illustration of our holistic growth strategy, which places a dual mandate on rapid expansion into key verticals and prioritises continuous innovation and talent recruitment. We are thrilled to add this powerful complement to Trintech’s market-leading portfolio.”

New and existing customers benefit from expanded technical talent and capabilities and from gaining access to Trintech’s partner ecosystem of technology and service providers. Additionally, as part of an exclusive referral agreement with Fiserv, Trintech expands its global presence and capabilities into new international markets.

“Trintech is well-positioned to guide the Frontier and Accurate reconciliation business through its next chapter, and we are confident they will provide excellent service to our clients and support for their businesses,” said Whitney Stewart Russell, President of Digital Solutions, Fiserv. “We are excited about the partnership we have built with Trintech and look forward to serving clients through our future relationship as a referral partner.”

Previous Article

July 26, 2023

Klarna partners with UK luxury store Liberty to offer BNPL services

Read More
Next Article

July 26, 2023

TerraPay & Safaricom’s M-PESA bring cross-border payments to Southeast Asia

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

accounting

Why predictive AI is a critical necessity in the field of cybersecurity

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Loop & J.P. Morgan Payments to boost working capital with freight payments

Read More

June 20, 2024

First Abu Dhabi Bank bolsters CLM operations with Fenergo

Read More

June 19, 2024

5 Spend Management Platforms to optimize your business finances

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023