Solutions enable a broad range of financial institutions to deliver exceptional online and mobile banking experiences
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that in 2016 nearly 30 banks and credit unions chose the ASP versions of Corillian Online® and Mobiliti™ to meet the digital banking needs of their customers. These integrated online and mobile banking platforms combine robust functionality with a simplified user experience, making it easy for users to manage their finances where, when and how they want.
The financial institutions that selected Corillian Online and Mobiliti range from large regional banks to community banks and credit unions. Currently, 3,500 financial institutions offer online banking services from Fiserv, supporting a total of 70 million end users, and 2,200 financial institutions offer mobile banking, supporting a total of 17 million end users.
Diamond Lakes Federal Credit Union, a $71 million credit union based in Malvern, Ark., will move from its existing online banking and mobile banking platform to Corillian Online and Mobiliti. Both solutions will integrate with the Portico® core account processing platform from Fiserv used by Diamond Lakes, facilitating a consistent banking experience across channels for members and a seamless experience for staff. Diamond Lakes also selected CheckFree® RXP® with Same Day Bill Pay, Popmoney® for personal payments and FraudNet, all from Fiserv, to bolster the digital banking and payments services it delivers to members.
“Moving to Corillian Online was integral to our recent certification as a Community Development Financial Institution (CDFI). We want to serve all of our members, both near and far, with the most comprehensive and state-of-the-art services,” said Lorraine Davis, vice president, Systems Management, Diamond Lakes Federal Credit Union. “It’s also important to us that our e-services and core processing platform work well together. The integration of Corillian Online and Mobiliti into our Portico core platform from Fiserv will ensure that they do.”
Corillian Online offers a simplified, tablet-inspired user interface that surfaces the most commonly used online banking and payments functionality together on a single page. It features simple navigation and large touchable objects. Controls and typography are highly visible and designed for access through touch interfaces. Other key features include flexible branding and configuration, personal finance management integration, and an integrated self-service option.
Mobiliti is an all-in-one mobile banking and money movement solution. With Mobiliti, consumers can perform critical self-service functions including mobile deposit, bill payment, person-to-person payment, card management, and credit score check from a tailored native app experience. Mobiliti was recognized as a Mobile Banking and Payments Leader in the IDC Financial Insights Mobile Banking MarketScape. In addition, CEB TowerGroup honored Mobiliti with four "Best in Class" distinctions in its most recent global mobile technology analysis.
Both Corillian Online and Mobiliti utilize multi-layered security, designed to protect customers from the latest cyber threats. Users can select a number of different account alerts, adding further protection and insight into their current financial standings. Regular product releases deliver product enhancements and new functionality, eliminating the need for a more traditional migration process to a new product version.
"The majority of consumers now prefer online or mobile banking for everyday transactions, and they expect robust functionality and an experience that moves with them across devices,” said Kevin Schultz, group president, Digital Banking, Fiserv. "The ASP versions of Corillian Online and Mobiliti allow a broad range of financial institutions to deliver the digital functionality and options people expect when managing their finances today.”
Corillian Online and Mobiliti are part of the Fiserv portfolio of digital solutions designed to match the characteristics of different market segments, enabling financial institutions of all sizes to execute on their unique digital banking strategies through the delivery of robust digital banking and electronic payments functionality. 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.
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.