Amplify Credit Union Turns Up Tech Focus with Move to Fiserv
September 19 2017 - 9:00AM
Business Wire
Credit union will use member-centric core
system to power future growth and service
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of
financial services technology solutions, today announced that
Amplify Credit Union, based in Austin, Texas, has selected Fiserv
as the new foundation for its member-centric technology
strategy.
Amplify will convert from its current core provider to DNA® from
Fiserv. Amplify needed a modern, member-centric architecture that
will allow the credit union to maintain a sharp understanding of
its members as it drives toward progressive member relationship
management goals. The credit union will use these features, along
with the platform’s lending capabilities, to progress its
commercial and small business service and real estate lending arms
as well.
Amplify has approximately $870 million in assets and more than
56,000 members in the greater Austin area, served by eight
branches. The credit union opened in 1967.
“There is nothing more critical than our relationships with our
members,” said Kendall Garrison, executive vice president, Amplify
Credit Union. “Technology that provides insight into their needs is
essential to achieving our goal of making members’ lives simpler.
DNA is purpose-built to do this, and we are looking forward to
partnering with Fiserv as we work toward sustained growth.”
DNA allows credit unions to gain deep insight into members’
financial lives by presenting a 360-degree view of their complete
relationship with the credit union. This allows credit unions to
enhance service, customize offers, and better understand overall
opportunities. Importantly, this helps credit unions to maintain
strong member relationships even at considerable scale.
“Fiserv is proud to provide the technology and expertise that
powers growth-minded credit unions,” said Vincent Brennan,
president, Credit Union Solutions, Fiserv. “Amplify is a prime
example of this progressive technology outlook. We are looking
forward to partnering with them as they take the power of DNA and
apply it to create real growth.”
Fiserv is the U.S. market leader in account processing services,
and more than one-third of U.S. financial institutions rely on
Fiserv for account processing solutions and expertise. 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. Learn more at
fiserv.com.
Additional Resources:
DNA – https://fisv.co/2uXBO6f
About Amplify
Amplify is a member-owned financial cooperative with more than
57,000 members and over $870 million in assets. It has served
Austin since 1967 as IBM Texas Employees Federal Credit Union.
Amplify has eight convenient locations across Austin, Round Rock,
and Cedar Park, TX. For more information, visit
www.goamplify.com.
About Fiserv
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. For more information, visit fiserv.com.
FISV-G
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version on businesswire.com: http://www.businesswire.com/news/home/20170919005604/en/
Media Relations:Marcus HardyManager, Public
RelationsFiserv,
Inc.801-823-5534marcus.hardy@fiserv.comorAdditional
Contact:Ann CaveDirector, Public RelationsFiserv,
Inc.678-325-9435ann.cave@fiserv.com
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