Fiserv, the Wisconsin-headquartered end-to-end business and technology solution provider, has renewed its agreement to provide the Bank of America(BofA) with electronic billing and payment services for its online and mobile channels.

According to Fiserv, the platform enables BofA customers to receive e-bills from more than 400 national and local companies.

The platform also gives BofA customers access to the Fiserv electronic billing and payment network, which aims to allow next day delivery of most payments.

The agreement between the Fiserv and BofA, which began in 2000, has been extended to 2022 and includes a move to the latest CheckFree RXP platform.

Jeff Yabuki, president and chief executive officer of Fiserv, said the BofA had been a "pioneer in providing innovative digital services" to its customers.

He added: "We are honoured to continue our partnership as the next generation of payment innovation and consumer experience moves to the forefront of banking."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Related stories

Fiserv snaps up Open Solutions

Regions taps Fiserv to launch P2P service, Regions Personal Pay

Fiserv enhances Relationship Rewards banking platform