Fiserv introduces processing services to Positive Pay and account reconciliation solution

fiserv

Improving its service

Fiserv has announced that its ARP/SMS positive pay and account reconciliation solution is now available in an outsourced deployment model. Financial institutions will now be able to offer treasury management services at lower fixed costs and move to a more predictable, volume-based cost model for these popular solutions.

ARP/SMS from Fiserv is a comprehensive positive pay and account reconciliation solution that can reduce exposure to check fraud and streamline back-office operations. It’s used by more than 40 of the top 100 banks in the United States.

“Financial institutions are now able to receive leading-edge technology, dedicated resources and industry expertise from Fiserv without the costs associated with acquiring, operating and maintaining the required systems,” said Tom Jackson, senior account executive, Treasury Operation Solutions, Fiserv. “The outsourcing option allows financial institutions to add valuable, revenue-producing services quickly and cost effectively while improving service to their customers.”

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