Uwharrie Bank Implements Fiserv Technology to Enable Digital Transformation and Expand Customer Relationships
October 15 2019 - 7:53AM
Business Wire
North Carolina-based bank implements open
architecture core platform to accelerate new business strategies
and enhance customer experience
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of
financial services technology solutions, announced today that
Uwharrie Bank, based in Albemarle, North Carolina, is furthering
its digital transformation strategy with the implementation of
technology from Fiserv. The new core account processing platform is
enabling the bank to modernize operations, increase agility and
streamline integration of solutions through open architecture and
APIs. As part of their technology transformation, the bank also
added card services to their existing Fiserv solutions.
With $627 million in assets, Uwharrie Capital Corp, the holding
company of Uwharrie Bank, serves customers in central North
Carolina through a network of 10 branches. The bank’s long-standing
goals are to continue to serve its community and remain
independent. The DNA® core account processing platform from Fiserv
will help the bank to accomplish these goals by enabling the
creation of a differentiated customer experience and facilitating
innovation in an increasingly digital banking environment.
“We have completed the implementation of DNA and are taking full
advantage of the technology to optimize our operational model and
offer the products and services our customers demand,” said Jackie
Jernigan, EVP Operations Division, Uwharrie Bank. “To ensure we can
continuously evolve and strengthen the customer experience we
provide through every touchpoint, we needed a core operating system
that is modern, open and flexible.”
The innovative relational data architecture of DNA is structured
around individuals and organizations and designed to reflect the
ever-changing connection they have to each other. DNA stores,
manages, and can connect to information in a way that provides a
global view of customer relationships, enabling bank employees to
better understand and anticipate customer needs. With this modern
platform, Uwharrie Bank will now be able to access and share
customer data across business units within the organization.
“With its tech-forward approach, Uwharrie Bank is equipped to
offer the solutions and services that today’s customers expect from
their financial provider,” said Todd Horvath, president, Bank
Solutions, Fiserv. “Robust technology allows Uwharrie to deliver
big bank experiences while maintaining a personalized touch with
customers.”
In a world that is moving faster than ever before, Fiserv helps
clients deliver solutions that are in step with the way people live
and work today – financial services at the speed of life. Learn
more at fiserv.com.
Additional Resources:
- DNA from Fiserv - fisv.co/DNABank
About Uwharrie Bank
Uwharrie Bank, a subsidiary of Uwharrie Capital Corp., was
originally founded in 1983 and is based in Albemarle, NC, about 60
miles east of Charlotte, NC. Uwharrie Capital Corp has $627M in
assets and was named after the nearby Uwharrie National Forest. The
bank’s tag line is “making a difference” and the bank prides itself
on putting community ahead of profits. To learn more, visit
https://www.uwharrie.com/.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) aspires to move money and
information in a way that moves the world. As a global leader in
payments and financial technology, the company helps clients
achieve best-in-class results through a commitment to innovation
and excellence in areas including account processing and digital
banking solutions; card issuer processing and network services;
payments; e-commerce; merchant acquiring and processing; and the
Clover™ cloud-based point-of-sale solution. Fiserv is a member of
the S&P 500® Index and the FORTUNE® 500, and is among the
FORTUNE Magazine World’s Most Admired Companies®. Visit fiserv.com
and follow on social media for more information and the latest
company news.
FISV-G
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191015005658/en/
Media Relations: Ann S. Cave Director, External
Communications Fiserv, Inc. 678-325-9435 ann.cave@fiserv.com
Additional Contact: Marcus Hardy Manager, Public Relations
Fiserv, Inc. 801-823-5534 marcus.hardy@fiserv.com
Fiserv (NASDAQ:FISV)
Historical Stock Chart
From Apr 2024 to May 2024
Fiserv (NASDAQ:FISV)
Historical Stock Chart
From May 2023 to May 2024