Tuesday, August 23, 2016

MERCHANT BANK OF SRI LANKA CHOOSES FISERV FOR NEW CORE BANKING AND FRONT-END TELLER SYSTEMS

Bank to implement Fiserv solutions to facilitate the delivery of financial services that are in step with how people live today
 

SINGAPORE & BROOKFIELD, Wis., Aug 22 (Bernama-BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Merchant Bank of Sri Lanka & Finance PLC (MBSL) has selected the Signature®core account processing platform and Teller front-end teller system from Fiserv.

In January 2015, the MBSL PLC finance company, Sri Lanka’s pioneer merchant bank, merged with two subsidiaries, MBSL Savings Bank Limited and MCSL Financial Services Ltd. With the merger, the branch network grew from 30 to 49 branches with an increase to 100,000 customer accounts. In order to support this larger branch network and customer base, MBSL needed technology that was flexible, scalable and stable. The company chose Fiserv solutions to help streamline operations and simplify customer management and support. 

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