Fiserv Takes Think Money On as Client
- The leading fintech company's award-winning solution will help new and existing players on the UK banking market
Fiserv (NASDAQ: FISV) has found in retail financial service provider Think Money the first client for its new Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term solution Agiliti. A hosted Software-as-a-Service solution (SaaS), Agiliti is aimed at the retail banking industry, with a specific focus on the UK, and should go live at Think Money early next year. A Manchester based financial firm, Think Money, offers retail clients a range of services, from personal account management to mortgages and insurance.
The solution offers a modular approach to transactions and Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term across the full range of financial services that a company offers, including current accounts, savings, and loans, secured and unsecured alike. It’s aimed at improving customer experience in all digital channels, as well as helping banks and other financial service providers manage their customer relationships better, across the whole customer lifecycle.
Agiliti has transparent pricing and low set-up and maintenance costs
Commenting on the deal, Alan Birch, managing director for Agiliti at Fiserv, said: “With clients like Think Money and others expected to be announced soon, we are changing the way banks manage their IT operations. Agiliti has transparent pricing and low set-up and maintenance costs, which supports banks moving to a SaaS model. Agiliti provides service to deliver the IT required while allowing the bank to focus on their market differentiation.”
SaaS is a growing trend across industries, and it could be especially beneficial for banks and other financial service providers as it helps them deliver their services in a faster, though still reliable, way. This new approach to IT operations management lets them focus on their core business in the digital era.
The banking sector, according to Steve Tait, division president of International Group at Fiserv, is "currently undergoing a revolution, which is just entering a new stage that will intensify competition among existing players as well as seeing an influx of new ones. This greater competition is placing increasing demands on service providers and requires them to change the way they handle their IT operations. Adopting products like Agiliti can help both existing and new players gain a competitive advantage in this new environment."
Fiserv (NASDAQ: FISV) has found in retail financial service provider Think Money the first client for its new Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term solution Agiliti. A hosted Software-as-a-Service solution (SaaS), Agiliti is aimed at the retail banking industry, with a specific focus on the UK, and should go live at Think Money early next year. A Manchester based financial firm, Think Money, offers retail clients a range of services, from personal account management to mortgages and insurance.
The solution offers a modular approach to transactions and Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term across the full range of financial services that a company offers, including current accounts, savings, and loans, secured and unsecured alike. It’s aimed at improving customer experience in all digital channels, as well as helping banks and other financial service providers manage their customer relationships better, across the whole customer lifecycle.
Agiliti has transparent pricing and low set-up and maintenance costs
Commenting on the deal, Alan Birch, managing director for Agiliti at Fiserv, said: “With clients like Think Money and others expected to be announced soon, we are changing the way banks manage their IT operations. Agiliti has transparent pricing and low set-up and maintenance costs, which supports banks moving to a SaaS model. Agiliti provides service to deliver the IT required while allowing the bank to focus on their market differentiation.”
SaaS is a growing trend across industries, and it could be especially beneficial for banks and other financial service providers as it helps them deliver their services in a faster, though still reliable, way. This new approach to IT operations management lets them focus on their core business in the digital era.
The banking sector, according to Steve Tait, division president of International Group at Fiserv, is "currently undergoing a revolution, which is just entering a new stage that will intensify competition among existing players as well as seeing an influx of new ones. This greater competition is placing increasing demands on service providers and requires them to change the way they handle their IT operations. Adopting products like Agiliti can help both existing and new players gain a competitive advantage in this new environment."