back Back

Valley Bank drives Open Banking strategy with Fiserv

By Edlyn Cardoza

October 20, 2021

  • API Banking
  • Digital Lending
  • FinTech
Share

Valley Bank, Fiserv, USAValley Bank has selected Fiserv, Inc., a leading global provider of financial services technology solutions to enable the growth of its existing business lines and expansion to additional verticals and offerings.

With a heavy focus on improving client experience, the bank’s engagement with Fiserv signals an expansion beyond the delivery of transactional services to include more high impact, trusted and personalized advisory support to retail clients. A strong, forward-thinking approach to integrated technology positions the $41 billion bank to capitalize on new growth opportunities with innovative capabilities that allow for more efficient and customizable financial experiences.

“We will continue to implement innovative solutions to best serve our clients, and Fiserv and its commitment to open banking will power those integrations,” said Fabian Rojas, CIO at Valley Bank. “We chose Fiserv as our partner not only for their strong deposit and consumer lending expertise, but because their system will allow us to run physical bank locations in concert with digital offerings, delivering a hybrid banking experience that allows us to deepen relationships with existing customers and to attract new customers as well.”

In addition to digital lending and other solutions, Fiserv and Valley Bank will work together to leverage relationship-specific information, sourced from core processing data, that will allow the bank to bring solutions to market faster.

“The growth of fintechs and the API economy has fostered the trend toward personalized financial services – data display, offers and information customized on an individual basis,” said Todd Horvath, head of Account Processing at Fiserv. “Valley Bank is taking a forward-thinking approach to its technology architecture, which will enable better responsiveness, faster speed to market, and more personalized product configuration for customers.”

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.

Recently, IBS Intelligence reported that Fiserv, a leading global provider of payments and financial services technology solutions, announced a commitment to continue and expand its presence in New Jersey.

Previous Article

October 20, 2021

Citi appoints Rajeev Mantri as Chief Financial Officer, Citi India

Read More
Next Article

October 21, 2021

Wells Fargo Strategic Capital brings growth investment in Volante Technologies to USD 45m

Read More

IBSi Prime News

astra

December 08, 2021

API Banking

Transferring money to the right place at the right time: Interview with Gil Akos, CEO of Astra

Read More
  • Daily insightful news analysis
  • Weekly snapshot of the industry deals, events & insights
  • Sectoral deep dives on the hottest FinTech trends
  • Exclusive interviews featuring c-level executives shaping the industry
  • Profiles of the most influential established and emerging companies in the sector
  • Weekly global FinTech use cases
  • Chart of the Week curated by the IBSi’s Research Team
Subscribe to Prime

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

YES BANK partners with The Fintech Meetup to drive grass root level FinTech

Read More

Today

Cashfree partners with Dvara Solutions to provide digital disbursements

Read More

Today

5Paisa collaborates with Neobank Dinero

Read More

Related Reports

Sales League Table Report 2021

£1,500 / year

Know More
US Financial Services Technology Report 2021

£1,500 / year

Know More
The Future of Digital Banking Report 2021

£1,500 / year

Know More
Wealth Management & Private Banking Systems Report 2021

£1,500 / year

Know More
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More