Banks deploy Fiserv mobile apps

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Brookfield-based Fiserv Inc., a global provider of financial services technology solutions, announced that more than 1,100 financial institutions have selected mobile banking solutions from the company.

Fiserv’s flagship mobile banking and payment platform, Mobiliti, currently powers mobile financial services for millions of consumers at banks and credit unions on five continents across the globe.

The number of accounts supported by the platform is growing an average of 10 percent each month, reflecting the growing consumer demand for mobile banking and payments technology.

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Using Mobiliti, financial institutions can offer customers a robust set of capabilities, including checking balances, locating ATMs, receiving alerts, paying bills, transferring funds, sending person-to-person payments and depositing checks using camera-equipped smartphones.

Customers can securely access their financial information via their choice of SMS (text messaging), mobile browser and downloadable iPhone and Android mobile applications.

In conjunction with the growth of Mobiliti, Fiserv expects to double the number of clients that use its Mobile Source Capture solution; an increase that would multiply its number of end users five times.

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More than 1,000 financial institutions have chosen Fiserv to help them launch mobile banking for the first time, or to replace a first-generation service with a more robust solution that accommodates their long-term strategy, said Erich Litch, president, Digital Channels, Fiserv.

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