Brookfield-based financial services Technology Provider
Technology Provider
A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware providers because the majority of their products sold are tangible pieces of equipment that come fine-tuned with a related operating system. Marketplace – Sometimes coined as network or platform, marketplace tech providers connect buyers with sellers within the same industry. Extension of Offline Business – These tech providers seek to provide more convenience to users through the usability of the internet, a couple of examples include businesses involved in e-commerce or even your online banking app. Who Relies on Technology Providers?You can think of a tech provider as a business that fulfills the need for a technology component. The relationship isn’t as symbiotic as it may always appear but through the aid of a technology provider role, tech providers are better able to fulfill the needs of their customers, or in this case, components. Tech providers as well-known as indispensable entities within the B2B forex industry. This includes relationships with brokers that helps improve offerings for clients.There are also a wide range of tech providers who specialize in providing high-demand technological goods and services also reside within the B2C industry.Within this space there is more diversity while the demand to develop more consumer-friendly solutions is ever-present.
A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware providers because the majority of their products sold are tangible pieces of equipment that come fine-tuned with a related operating system. Marketplace – Sometimes coined as network or platform, marketplace tech providers connect buyers with sellers within the same industry. Extension of Offline Business – These tech providers seek to provide more convenience to users through the usability of the internet, a couple of examples include businesses involved in e-commerce or even your online banking app. Who Relies on Technology Providers?You can think of a tech provider as a business that fulfills the need for a technology component. The relationship isn’t as symbiotic as it may always appear but through the aid of a technology provider role, tech providers are better able to fulfill the needs of their customers, or in this case, components. Tech providers as well-known as indispensable entities within the B2B forex industry. This includes relationships with brokers that helps improve offerings for clients.There are also a wide range of tech providers who specialize in providing high-demand technological goods and services also reside within the B2C industry.Within this space there is more diversity while the demand to develop more consumer-friendly solutions is ever-present.
Read this Term Fiserv Inc is set to buy Atlanta-based Online Banking Solutions, Inc. (OBS) for undisclosed amount. The deal will significantly increase the number of products Fiserv offers for its community which will include OBS’s cash management and digital business banking capabilities.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
Technology solutions included in the transaction will also enable Fiserv to provide financial institutions with a unified experience across multiple devices, with the ability to support capabilities such as notification and authentication via smartphones, tablets and wearable devices on an easy-to-use single platform.
Founded in 2002, OBS also offers digital solutions for fraud prevention, as well as a secure browser that operates as a convenient gateway to applications provided by financial institutions to their commercial customers.
The transaction is subject to satisfaction of customary closing conditions and is anticipated to be completed during this month.
OBS products are already deployed within Fiserv community banking platforms such as Signature®, Premier® and Cleartouch®. The company's clients running Fiserv core account processing platforms have been familiar with the solution for several years.
Commenting on the news, Jeffery Yabuki, President and CEO of Fiserv, said: "Financial institutions are increasingly focused on deepening relationships with commercial customers. The addition of Online Banking Solutions' technologies further enables Fiserv clients to provide greater value to their commercial customers through sophisticated cash management solutions when and where they need them."
Dan Myers, CEO of Online Banking Solutions, added: "Our relationship with Fiserv is already established through our activities with several mutual clients. Joining Fiserv allows us to create new opportunities for our associates and to broaden the reach of our leading solutions to more banks and credit unions, ultimately enabling them to better serve their commercial customers."
Brookfield-based financial services Technology Provider
Technology Provider
A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware providers because the majority of their products sold are tangible pieces of equipment that come fine-tuned with a related operating system. Marketplace – Sometimes coined as network or platform, marketplace tech providers connect buyers with sellers within the same industry. Extension of Offline Business – These tech providers seek to provide more convenience to users through the usability of the internet, a couple of examples include businesses involved in e-commerce or even your online banking app. Who Relies on Technology Providers?You can think of a tech provider as a business that fulfills the need for a technology component. The relationship isn’t as symbiotic as it may always appear but through the aid of a technology provider role, tech providers are better able to fulfill the needs of their customers, or in this case, components. Tech providers as well-known as indispensable entities within the B2B forex industry. This includes relationships with brokers that helps improve offerings for clients.There are also a wide range of tech providers who specialize in providing high-demand technological goods and services also reside within the B2C industry.Within this space there is more diversity while the demand to develop more consumer-friendly solutions is ever-present.
A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware providers because the majority of their products sold are tangible pieces of equipment that come fine-tuned with a related operating system. Marketplace – Sometimes coined as network or platform, marketplace tech providers connect buyers with sellers within the same industry. Extension of Offline Business – These tech providers seek to provide more convenience to users through the usability of the internet, a couple of examples include businesses involved in e-commerce or even your online banking app. Who Relies on Technology Providers?You can think of a tech provider as a business that fulfills the need for a technology component. The relationship isn’t as symbiotic as it may always appear but through the aid of a technology provider role, tech providers are better able to fulfill the needs of their customers, or in this case, components. Tech providers as well-known as indispensable entities within the B2B forex industry. This includes relationships with brokers that helps improve offerings for clients.There are also a wide range of tech providers who specialize in providing high-demand technological goods and services also reside within the B2C industry.Within this space there is more diversity while the demand to develop more consumer-friendly solutions is ever-present.
Read this Term Fiserv Inc is set to buy Atlanta-based Online Banking Solutions, Inc. (OBS) for undisclosed amount. The deal will significantly increase the number of products Fiserv offers for its community which will include OBS’s cash management and digital business banking capabilities.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
Technology solutions included in the transaction will also enable Fiserv to provide financial institutions with a unified experience across multiple devices, with the ability to support capabilities such as notification and authentication via smartphones, tablets and wearable devices on an easy-to-use single platform.
Founded in 2002, OBS also offers digital solutions for fraud prevention, as well as a secure browser that operates as a convenient gateway to applications provided by financial institutions to their commercial customers.
The transaction is subject to satisfaction of customary closing conditions and is anticipated to be completed during this month.
OBS products are already deployed within Fiserv community banking platforms such as Signature®, Premier® and Cleartouch®. The company's clients running Fiserv core account processing platforms have been familiar with the solution for several years.
Commenting on the news, Jeffery Yabuki, President and CEO of Fiserv, said: "Financial institutions are increasingly focused on deepening relationships with commercial customers. The addition of Online Banking Solutions' technologies further enables Fiserv clients to provide greater value to their commercial customers through sophisticated cash management solutions when and where they need them."
Dan Myers, CEO of Online Banking Solutions, added: "Our relationship with Fiserv is already established through our activities with several mutual clients. Joining Fiserv allows us to create new opportunities for our associates and to broaden the reach of our leading solutions to more banks and credit unions, ultimately enabling them to better serve their commercial customers."
