Welcome!

Machine Learning Authors: Zakia Bouachraoui, Yeshim Deniz, Pat Romanski, Elizabeth White, Carmen Gonzalez

News Feed Item

Travis Credit Union Selects DNA from Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Travis Credit Union, based in Vacaville, Calif., has selected the DNA™ account processing platform and several integrated solutions to better serve its 168,000 members. The $2.2 billion asset credit union will leverage the platform’s member-centric design and flexible development tools to attract and retain retail and commercial relationships.

“DNA from Fiserv will allow us to bring new products and services to market in a more rapid timeline. Plus, with DNAcreator™, we’ll be able to customize and extend the platform as our needs and our members’ needs evolve,” said Patsy Van Ouwerkerk, president and Chief Executive Officer, Travis Credit Union. “Other financial institutions using DNA have proven success with the platform’s commercial lending capabilities, which gives us confidence in its ability to support our growth in business services.”

Recognized by industry-leading analysts for its technology, user experience and breadth of functionality, DNA is the first open, person-centric core banking platform built for collaboration. DNA was developed using Microsoft’s leading .NET Framework for a state-of-the-art core platform that banks and credit unions can rely on for the long-term. With DNA, Travis Credit Union benefits from 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities, and a 360 degree view of its retail and business relationships.

The unique customization and extensibility opportunities made possible by DNAcreator and DNAappstore™ also played a key role in Travis Credit Union’s decision to select DNA. With the DNAcreator development toolkit, the credit union’s technical staff can create seamlessly integrated, custom core extensions called DNAapps™ that add new functionality, screens and processes to DNA. Travis Credit Union can sell its DNAapps to other financial institutions as well as purchase those created by others through the DNAappstore – the first collaborative online marketplace for custom core applications.

“We are delighted to extend our 30 year relationship with Travis Credit Union following the team's selection of the DNA platform. Travis joins a fast-growing group of credit unions who understand fully the flexibility and functionality needed from a core processing solution in driving member service excellence and supporting business growth strategies,” said Mark Sievewright, division president, Credit Union Solutions, Fiserv. “Further, Travis’s selection of DNA provides additional momentum to the significant adoption we have seen for the platform since our acquisition of Open Solutions.”

In addition to DNA, Travis Credit Union will implement Credit Card Management and tMagic™ for DNA. The credit union will leverage the open architecture of DNA to integrate its existing Fiserv solutions, including Prologue™ for financial management, AML Manager for anti-money laundering and CheckFree® RXP® and CheckFree® Small Business for electronic bills and payments. Travis Credit Union is an existing client of the Raddon Financial Group, a consulting and research group of Fiserv.

Additional Resources:

About Travis Credit Union

Headquartered in Vacaville, California, Travis Credit Union is a not-for-profit cooperative financial institution serving those who live or work in Alameda, Colusa, Contra Costa, Merced, Napa, Placer, Sacramento, San Joaquin, Solano, Sonoma, Stanislaus, and Yolo Counties. Currently, Travis Credit Union is the 11th largest credit union in California with more than 168,000 members and more than $2.2 billion in assets. As one of the leading financial institutions in Solano, Contra Costa, Yolo and Merced Counties, Travis Credit Union's strength lies in its faithful commitment to its members and the community; its solid, secure history; and its long-standing track record of dedicated service.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

FISV-G

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Cloud-Native thinking and Serverless Computing are now the norm in financial services, manufacturing, telco, healthcare, transportation, energy, media, entertainment, retail and other consumer industries, as well as the public sector. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. DevOpsSUMMIT at CloudEXPO expands the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike.
Public clouds dominate IT conversations but the next phase of cloud evolutions are "multi" hybrid cloud environments. The winners in the cloud services industry will be those organizations that understand how to leverage these technologies as complete service solutions for specific customer verticals. In turn, both business and IT actors throughout the enterprise will need to increase their engagement with multi-cloud deployments today while planning a technology strategy that will constitute a significant part of their IT budgets in the very near future. As IoT solutions are growing rapidly, as well as security challenges growing exponentially, without a doubt, the cloud world is about to change for the better. Again.
Data center, on-premise, public-cloud, private-cloud, multi-cloud, hybrid-cloud, IoT, AI, edge, SaaS, PaaS... it's an availability, security, performance and integration nightmare even for the best of the best IT experts. Organizations realize the tremendous benefits of everything the digital transformation has to offer. Cloud adoption rates are increasing significantly, and IT budgets are morphing to follow suit. But distributing applications and infrastructure around increases risk, introduces complexity and challenges availability at every turn. To embrace DX and to come out on top, there are four underlying principles that should guide you. Understanding these four essentials along with their relevance and impact will elevate you to DX Hero status now. Jonathan will provide a high-level overview of these principles and how some of his organization's clients have embraced them w...
The level of trust we have with individuals, businesses, and technology affects our lives daily. This is important to remember when discussing new technologies. For example, our level of trust is a critical factor when evaluating a new technology as a potential solution for providing business value. Given the importance of trust, imagine one's reaction upon hearing that blockchain is a "trustless trust" system. On the surface, that does sound like an oxymoron. This paper discusses how "trustless trust" applies to blockchain. It will discuss the various consensus algorithms used to provide that trust, including the benefits and challenges of each. Key use case patterns will be provided as examples and what the impact of the tradeoffs between consensus algorithms.
Today's workforce is trading their cubicles and corporate desktops in favor of an any-location, any-device work style. And as digital natives make up more and more of the modern workforce, the appetite for user-friendly, cloud-based services grows. The center of work is shifting to the user and to the cloud. But managing a proliferation of SaaS, web, and mobile apps running on any number of clouds and devices is unwieldy and increases security risks. PJ Hough, Citrix Executive Vice President and Chief Product Officer, discusses improving personal productivity with an evolved approach supporting modern workstyles and simplifying IT complexities to deliver the right experience to the right user at the right time, on any device.