Fiserv Joins “Bankers Helping Bankers” to Accelerate Support for Community Banks with Technology Education, Fintech Data and Collaborative Innovation
PRESS RELEASE - June 22, 2022
PRESS RELEASE - June 22, 2022
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FOR IMMEDIATE RELEASE - AUSTIN, TX - Bankers Helping Bankers welcomes Fiserv as a major sponsor and supporter of the mission to save community banking.
Bankers Helping Bankers was launched in late 2021 by FedFis and the Independent Bankers Association of Texas (IBAT) to bring bankers together in a data-based community to identify products and methods to drive earnings and diversify sources of income for community banks. “We have lost far too many community banks over the past decade,” said IBAT President and CEO Christopher Williston. “To stem the tide of community bank losses, we need a coordinated approach that helps community banks fully understand the risks, opportunities and threats inherent in the changing technology landscape.” |
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The support of the Bankers Helping Bankers mission has spread rapidly through the community banking industry. Over the last several months, state associations representing more than 75% of the nation’s community banks have banded together in the cause to save community banking. They were joined earlier this year by the Community Development Bankers Association, which supports the nation’s Community Development Financial Institutions in their service of the nation’s most vulnerable communities.
“In an environment of tremendous change, community banking has remained the lifeblood of many communities across the country,” said Todd Horvath, Co-Head of Banking at Fiserv. “Fiserv is proud to join Bankers Helping Bankers to help sustain and strengthen community banks as they seek out new strategies and technologies to innovate, meet rising customer expectations and increase competitiveness.”
“This underscores how Fiserv is committed to the wellbeing of community banks,” said Dave Mayo, CEO of FedFis and founder of Bankers Helping Bankers. “The power of this cause to save community banking is bigger than all of us. Fiserv support will help us do more. It also signals to others, it is time to stand up for the industry that has stood up for America, every time it was asked, most recently with the Paycheck Protection Program. When we talk about community bankers keeping pace with technology and adapting to changing customer expectations, Fiserv must be a part of that conversation.”
Fiserv and Bankers Helping Bankers will collaborate on meeting the ongoing needs of community banks as they adapt to industry trends such as banking as a service, direct digital banking, digital assets and more.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index, the FORTUNE® 500 and has been recognized as one of FORTUNE World’s Most Admired Companies® for 11 of the past 14 years and named among the World’s Most Innovative Companies by Fast Company for two consecutive years. Visit fiserv.com and follow on social media for more information and the latest company news.
About FedFis
FedFis provides financial institutions fintech data analytics and a strategy system that tracks Financial, M&A, and Vendor data (including technology vendors) on every bank and credit union in the United States. FedFis is committed to "truth in banking", by helping community bankers understand which products and services will best pair with their existing technology to drive the strategic outcomes for which they strive. They are first and foremost, a family business of precisionists. Fifth-generation bankers and technology experts with incredible depth and passion for the banking industry. For more information visit, www.fedfis.com
About IBAT
Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation, with membership comprised of more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all Texas, IBAT member bank assets range in size from $27 million to $39 billion with combined assets statewide of nearly $256 billion. IBAT member banks are committed to supporting and investing in their local communities. For more information visit, www.ibat.org
Learn more here - BankersHelpingBankers.com
FedFis Media Contact:
Rachel Hernandez
[email protected]
512.284.4987
“In an environment of tremendous change, community banking has remained the lifeblood of many communities across the country,” said Todd Horvath, Co-Head of Banking at Fiserv. “Fiserv is proud to join Bankers Helping Bankers to help sustain and strengthen community banks as they seek out new strategies and technologies to innovate, meet rising customer expectations and increase competitiveness.”
“This underscores how Fiserv is committed to the wellbeing of community banks,” said Dave Mayo, CEO of FedFis and founder of Bankers Helping Bankers. “The power of this cause to save community banking is bigger than all of us. Fiserv support will help us do more. It also signals to others, it is time to stand up for the industry that has stood up for America, every time it was asked, most recently with the Paycheck Protection Program. When we talk about community bankers keeping pace with technology and adapting to changing customer expectations, Fiserv must be a part of that conversation.”
Fiserv and Bankers Helping Bankers will collaborate on meeting the ongoing needs of community banks as they adapt to industry trends such as banking as a service, direct digital banking, digital assets and more.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index, the FORTUNE® 500 and has been recognized as one of FORTUNE World’s Most Admired Companies® for 11 of the past 14 years and named among the World’s Most Innovative Companies by Fast Company for two consecutive years. Visit fiserv.com and follow on social media for more information and the latest company news.
About FedFis
FedFis provides financial institutions fintech data analytics and a strategy system that tracks Financial, M&A, and Vendor data (including technology vendors) on every bank and credit union in the United States. FedFis is committed to "truth in banking", by helping community bankers understand which products and services will best pair with their existing technology to drive the strategic outcomes for which they strive. They are first and foremost, a family business of precisionists. Fifth-generation bankers and technology experts with incredible depth and passion for the banking industry. For more information visit, www.fedfis.com
About IBAT
Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation, with membership comprised of more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all Texas, IBAT member bank assets range in size from $27 million to $39 billion with combined assets statewide of nearly $256 billion. IBAT member banks are committed to supporting and investing in their local communities. For more information visit, www.ibat.org
Learn more here - BankersHelpingBankers.com
FedFis Media Contact:
Rachel Hernandez
[email protected]
512.284.4987
Source: FI FinTech Newsroom