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Fiserv Introduces Premier Mobile Banking

March 17, 2008

Brookfield, Wis. - Information Technology Inc. (ITI), a business unit of Fiserv Inc., a leading provider of information technology services to the financial industry, has announced the launch of Premier Mobile Banking, an integrated mobile banking solution that gives customers the convenience of managing their accounts anytime and anywhere, according to the manufacturer.

Operating on a browser embedded in handheld devices, the product is both carrier-independent and compatible with any web-enabled device. Fiserv said that its banking customers are able to check account balances, view recent transactions, receive alerts and transfer funds between accounts in real time with their cell phone or PDA. The company reported that early adopters such as United Bank of Michigan in Grand Rapids, Mich., have found success with the Fiserv ITI mobile banking solution. UBM signed up in October 2007.

“United Bank of Michigan strives to be a technology leader within the community bank market,” says Tim Lockwood, the bank's senior vice president and chief information officer. “Mobile banking has provided customers with another access channel and an added level of convenience.”

“This technology was specifically developed for our community bank clients to help them expand their offerings and compete effectively against even their largest competitors, and more than two dozen have already licensed this innovative product,” says Tom Cypher, ITI president and chief executive officer. “About 83 percent of Americans now subscribe to a cellular phone service, and Fiserv ITI intends to deliver even more opportunity and value to financial institutions by capitalizing on this important service channel.”

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