Kawartha Credit Union Teams Up With Fiserv & Celero; Seeks to Advance technology in Order to Enhance Banking Experience for Customers

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday that Canada-based Kawartha Credit Union will leverage technology from Fiserv to streamline operations and enhance the credit union’s ability to deliver highly personalized service to its 50,000 members.

According to Fiserv, Kawartha is a $1.5 billion (Canadian) asset credit union. It selected the DNA account processing platform from Fiserv, citing its modern architecture, time-saving automation and workflows, and member-centric database as key drivers of the decision. Celero, a Fiserv partner and a provider of IT solutions to financial institutions across Canada, will coordinate the migration to DNA and provide technical banking operations support for the credit union. Fiserv revealed:

“DNA is an extensible, 24/7 real-time core platform that provides a 360-degree view of member relationships, enabling credit unions to deliver highly personalized service and more relevant product offerings. Kawartha joins more than 100 other Canadian credit unions utilizing DNA, the pre-eminent banking platform for credit unions in Canada, through the relationship between Fiserv and Celero.”

Rob Palin, General Manager of Canada Fiserv, stated:

“In order to deliver personalized service a credit union has to know their member. With technology that provides a full view of the member relationship, Fiserv is helping Kawartha deliver personalized and responsive service in a world where financial relationships are more likely to involve phone time than face time.”

Simon Vincent, Executive Vice President of Banking and Omnichannel Solutions at Celero, added:

“Celero is excited to partner with Kawartha Credit Union to provide innovative member-centric financial technology solutions that empower them to deliver on their core value of service excellence well into the future,” said. “In partnership with Fiserv, we look forward to helping Kawartha continue to grow, serve their community and support the financial success of their members.”

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