The lender also selected many other technology platforms, including mobile banking, bill payment and cheque capture, due to their originality, scalability and easy integration with the bank’s existing additional system.
Pinnacle Bank executive vice president and group operations manager Donna Webb said, "Fiserv solutions will enable us to capitalize on innovative technology to match product delivery channels with customer preferences."
In order to enable its consumers and small businesses to securely and conveniently deposit cheques from any location using a smartphone, the bank selected Fiserv’s Mobile Source Capture.
Furthermore, deployment of AccountCreate will provide online account opening capabilities, while Teller Source Capture offers real-time balancing of deposits at the teller line.
The bank believes that the technology upgrade will enhance its back-office operations and organizational efficiency as well as operational costs savings.
Additional technologies selected by the bank include Accel payments network and Card Services Debit Processing, Mobiliti, Branch Source Capture and Merchant Source Capture, CheckFree RXP and CheckFree Small Business, and WireXchange.