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StrikeForce Technologies is accusing Fiserv, First Midwest Bancorp and PhoneFactor of encroaching on its technology for protecting customers of financial institutions from online identity theft.
March 28 -
Fiserv has launched an online portal designed to provide a simpler and more cost-effective way for financial institutions to monitor their performance and risk.
February 19
The fintech company said Tuesday the combination gives users a unified view of borrowers' accounts and repayment risks and eliminates duplication between systems.
Kevin Collins, president of Fiserv's lending solutions group, said banks and servicers who use both Fiserv's Common Origination Platform to originate and close mortgage, home equity and personal loans and the company's LoanServ system to service them "will experience the benefits of improved efficiency and enhanced technology that meets all industry standards."
Unifying the systems also can eliminate errors and give financial institutions a clearer picture of their relationship with customers, according to the company.
