PyraMax Bank, a Wisconsin-based mutual savings bank, has chosen Fiserv as a technology partner to modernise its retail banking operations.

The bank will now migrate to Fiserv’s DNA account processing platform. Moreover, it has selected Fiserv’s tMagic for DNA automated teller capture, DNAweb and Mobiliti for consumer and commercial online and mobile banking, CheckFree RXP and CheckFree Small Business for consumer and business bill pay, and Popmoney for personal payments.

The bank also opted for the vendor’s Verifast: Palm Authentication solution that makes use of biometric technology to verify the identity of an accountholder. In addition, it chose Fiserv solutions for financials, CRM and business intelligence, card alerts and notifications, customised statements and wire transfers.

The technologies selected by PyraMax will be supplied from a Fiserv data centre.

PyraMax Bank CEO and president Richard Hurd said: "We had a vision of what we needed to take banking to the next level, from the front line to the back office.

"Fiserv offered everything we were looking for to simplify banking – the real-time technology, the palm-vein authentication, the paperless transactions, the automation of complex tasks – and the integration to make it all work together seamlessly."

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