South Carolina State Federal Credit Union Selects Fiserv Integrated Payment Products
255 Fiserv Dr.
Brookfield, WI, 53045
Press release date: January 22, 2014
• Credit union selects a suite of payment solutions from Fiserv including credit and debit processing
• Integration with DNA account processing platform key to credit union's choice
• Solutions will help South Carolina State Federal Credit Union provide an enhanced member experience
Brookfield, Wis. — Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that South Carolina State Federal Credit Union (SCU) has selected an integrated suite of payment solutions including debit and credit card processing, the Accel™ debit payments network, UChoose RewardsŪ and Risk OfficeSM, to enhance the member experience and improve operational efficiency.
With 72,000 members and assets of $560 million, SCU chose Fiserv to help manage and grow its credit and debit card portfolios and provide a consistent member experience across channels. The ability for SCU to integrate its card portfolio into its existing DNA™ account processing platform was a strong factor in the selection of Fiserv. SCU has been using DNA from Fiserv since 2006.
"We found the Fiserv credit product to be very robust and it should provide us with some new capabilities to help us better serve our members," said Rick Hammond, CEO, SCU. "The Fiserv products seem to be more technically driven than others in the market, and the fact that they will integrate with our DNA account processing platform was definitely key for us."
"Our integrated solution helps credit unions like SCU thrive in today's competitive environment," said Kevin Gregoire, president, Card Services, Fiserv. "Fiserv has the depth and breadth of integrated solutions to help credit unions serve their members effectively and enjoy the benefit of operational efficiency, mitigating risk and meeting regulatory demands to better serve their members."
Fiserv provides comprehensive integrated solutions for credit unions which include account processing, bill pay, online banking and a full suite of credit, debit and prepaid solutions, including a flexible loyalty rewards program and fraud risk solutions for cards. Fiserv also offers card personalization, 24-hour call centers and extensive training, marketing and implementation support.
• Credit & Debit Solutions from Fiserv - http://www.fiserv.com/processing-services/credit-debit-card-processing.htm
• South Carolina State Federal Credit Union - https://www.scscu.com/
About South Carolina State Federal Credit Union
Founded in 1952, SCU is a not-for-profit organization that operates solely for the benefit of its members. Membership is open to those who live, work or attend school in Aiken, Anderson, Florence, Greenwood, Oconee, Orangeburg, Pickens or Spartanburg Count, SC; are enrolled in South Carolina's Retirement Systems or are a city, county or state employee in South Carolina; work for one of our Select Employee Groups; are a student, professor or staff member of any South Carolina Technical college or any state-chartered college or university or are related by blood or marriage to a current credit union member.
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.
Senior PR Manager