Fiserv to Upgrade Bank of Sidney Digital Services

“The platform is designed to facilitate banking services through desktop and mobile devices, and supports features including things like push notifications, ATM location services, and biometric authentication for transfers and payments.”

Bank of Sidney is going with Fiserv in its effort to revamp its digital banking services, with the latter contracted to provide an end-to-end, cloud-based solution.

Fiserv to Upgrade Bank of Sidney Digital ServicesThe work will begin with a consultation process that Fiserv calls “Managed Services”. A team of IT experts will work with counterparts from Bank of Sydney to determine the most efficient way to move forward with the upgrades, with the ultimate aim being the implementation of Fiserv’s DigitalAccess platform. The platform is designed to facilitate banking services through desktop and mobile devices, and supports features including things like push notifications, ATM location services, and biometric authentication for transfers and payments.

The latter capability comes by way of Fujitsu’s palm vein scanning technology, which Fiserv adapted into its Verifast: Palm Authentication system last year. The solution netted Fiserv a TAG FinTech ADVANCE Award earlier this year, and was recently deployed by PyraMax Bank in Wisconsin.

Given the growing prominence of biometric authentication in banking and financial services more broadly, it’s certainly a solution that the bank will want to consider as it moves ahead with its digital services upgrade.