Fiserv Upgrades ICBS Core Tools

Fiserv has added more product-offering flexibility and funds management tools to its upgraded, SOA-based ICBS core banking system. Client banks will have increased flexibility in incentive pricing for multiple cross-sell offerings because of new Dynamic Package Product module, according to the Brookfield, WI technology provider. This, the company says, will enable banks to better track eligibility requirements for package deals.
As part of a new funds management and sweeps tool, financial institutions can add incremental revenue by better tracking available funds, as well as adding new lending features such as semi-monthly loan payments and improved collections technology.
Fiserv says it already has six clients on board to deploy the upgrade by year’s end. More than 300 global banks deploy the ICBS system.