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NACHA Announces Finastra as a Preferred Partner for Enabling Innovation in Payments

HERNDON, VA – NACHA—The Electronic Payments Association® announces Finastra as a Preferred Partner for Enabling Innovation in Payments. NACHA Preferred Partners are a select group of providers and innovators that contribute to NACHA’s strategic efforts and the payments ecosystem by removing friction, increasing ease, accessibility and efficiency, or supporting sound risk management and security for ACH payments. Finastra was selected as a Preferred Partner because of its open platform approach for financial institutions that facilitates innovation and collaboration.

“We are pleased to introduce Finastra as our newest Preferred Partner,” said Jane Larimer, chief operating officer of NACHA. “In a rapidly changing payments environment, it is critical that financial institutions remain agile to quickly respond to the evolving needs and new technologies influencing our industry. Finastra provides a platform to enable financial institutions to do just that, and by doing so, allows financial institutions to maintain their integral position in the payments ecosystem today – and into the future.”

As an innovator in the financial services world, Finastra recognizes the pace at which the payments business is evolving and the complexities it can create. As such, it continually develops solutions and enhances its technology to support the rapidly changing landscape. Today, Finastra’s open platform supports a variety of payments networks and payment types, including ACH payments, helping to streamline payments operations and improve customer satisfaction by enabling financial institutions to leverage the latest innovations and technologies.

“In today’s competitive environment, being able to respond quickly to the changes in financial services is paramount for our customers,” said Robin Crewe, CTO, Lending & Transaction Banking at Finastra. “Through our solutions, financial institutions can easily navigate the payments landscape, providing superior and frictionless customer service, increasing revenue and driving down costs. As a NACHA Preferred Partner we hope to bring our innovative solutions to even more financial institutions as the trend towards faster payments continues to gather pace around the world.”

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences that are in step with the way people live and work today. For more than 30 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE® 500 and has been named among the FORTUNE Magazine World's Most Admired Companies® for five consecutive years, ranking first in its category for innovation in 2016 and 2017.

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