The integration of Fiserv information with Equifax differentiated data and solutions will enable analytics that can help increase the predictiveness of business credit scores and help support smarter growth through new prospect identification, cash flow trends, propensity to spend models, and share-of-wallet analysis. Insights gleaned from these transactions can provide timely and detailed visibility into business activity and vitality, or signal suspicious activity. Fiserv enables money movement for thousands of financial institutions and millions of people and businesses worldwide, enabling 12,000 financial transactions every second. Through the company’s cloud native data fabric and scalable platforms, Equifax brings decision intelligence to a wide spectrum of global customers. “Together we will empower financial institutions and businesses to operate in new ways as they benefit from data-enabled insights.”Īlso Read: Five Critical Factors to Consider When Choosing a Cloud Service ProviderĮquifax maintains a powerful suite of differentiated data assets on which its business customers rely to drive more informed decisions and deliver exceptional outcomes across the customer lifecycle. “Equifax and Fiserv have a shared vision for how timely, detailed data can transform the financial services ecosystem, helping to better inform decision makers with the right knowledge at the right time,” said Frank Bisignano, Fiserv President and Chief Executive Officer. To keep up, organizations have to be able to leverage real-time data insights to help them say ‘yes’ to more customers with greater speed and confidence.” We are energized about partnering with Fiserv to expand our differentiated data assets – leveraging our new Equifax Cloud capabilities to deliver smarter insights at a greater velocity than ever before,” said Mark W.

“Equifax understands that more data enables better decisions.

The companies are collaborating on new offerings that deliver a more holistic picture of businesses and their data and enable financial institutions and businesses of all sizes to embrace the power of real-time data insights.Įquifax and Fiserv are targeting late 2022 to deploy joint commercial solutions that leverage new analytics to help strengthen business verification, accelerate account acquisition and enhance risk assessment for small-to-medium sized businesses. The two companies plan to expand innovation efforts into the consumer ecosystem in the future. Voice response system with Spanish language capabilities.Equifax ® (NYSE: EFX), the global data, analytics and technology company, and Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, are partnering to deliver the data-driven insights organizations need to succeed in a digital economy. Such as the Wisdom Financial Management Suite, iSwitchKit for online account opening and the ConvergeIVR interactive Wheatland FCU will also be integrating complementary Fiserv solutions is transitioning from its current Fiserv core platform to theĪdvantage system from the AFTECH business line.

In addition, Wheatland Federal Credit Union in Lancaster, Pa. Southern Select Community Credit Union in Kannapolis, N.C., a $30 million institution, chose the Premier core system from the IntegraSys business line, as well as complementary solutions such as the Virtual Branch ecommerce suite, Wisdom Financial Management Suite and Fiserv EFT services. The credit union is also adding the Fiserv Wisdom Accounting Suite and the ConvergeIVR voice response solution, which will be implemented in both English and Ukrainian. Ukrainian Credit Union of Toronto, with C$360 million in assets, chose the iSpectrum core system from Fiserv’s Summit Financial Technologies Canada. The merging credit unions evaluated their current processors (which included DataSafe and a competitor) and chose DataSafe to meet the evolving needs of more than 111,000 members. will become a $1.2 billion institution when it merges with Great Wisconsin Credit Union on November 1, and together the new entity will run the DataSafe system from the Fiserv USERS business line. Making Fiserv the technology partner of choice for a growing number of credit unions.”

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