Fiserv to provide its solution to Ivobank

Ivobank, the UK's newly established online banking services provider, selected Fiserv to deploy its industry leading solution for core banking and customer interaction management. With Fiserv's powerful business process management solution Aperio Ivobank will be able to fully automate the opening of new online accounts from inception through to funding.

On the basis of Aperio Ivobank can fully integrate their workflows and verify their customer's identity better than traditional methods by adding conditional logic at each stage in the account opening process. Besides, due to the process entirely automated by Aperio Ivobank is able to provide the personalized service with their clients they desired.

While supporting the bank's unique operation, ICBS enables Ivobank to efficiently process cross border payments in multiple currencies including Pounds Sterling, Euros, US dollars and Canadian dollars; initiate fast, on-demand development of new products; and provide a reliable, scalable platform on which to grow.