Fiserv Provides Single Source Debit AndCredit Processing

March 17, 2005, 1:00 a.m. EST 1 Min Read

VIRGINIA BEACH, Va. - (03/17/05) -- Beach Municipal FCU said it hasadded Fiserv's credit processing solution to the ATM and debit cardprocessing services it already used from Fiserv. The expandedagreement creates a combined debit and credit processing solutionthat will allow the $95 million credit union to consolidate itscard programs with a single-source provider. The solution offers heability to stop and start credit promotions automatically, updatestatement messages in real time, offer consumers real productchoices without special programming, automate the general ledgerwith updated reporting received every day, offer flexible billingcycles, and enable variable-rate programs.

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