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Servus Credit Union Expands Payment Capabilities with FIS
December 13, 2016
- Canada’s second largest credit union, Servus Credit Union, selected FIS to strategically expand its payment capabilities.
- The multi-year deal includes a full complement of credit card services including processing, loyalty, fraud detection and prevention, card production and personalization.
- Servus Credit Union selected FIS for its breadth of payment services and its experience supporting credit unions and their members.
JACKSONVILLE, Fla., Dec. 13, 2016 – One of the largest credit unions in Canada has selected FIS™ (NYSE: FIS) a global leader in financial services technology, to strategically expand its payment capabilities for members.
Servus Credit Union, the largest credit union in the province of Alberta, turned to FIS for a full complement of credit card services including processing, loyalty, fraud detection and prevention, as well as card production and personalization. The move to FIS was due in part to the credit union’s needs of a broader payment strategy, giving Servus Credit Union more control over their credit card strategy and delivery in order to enhance their member experience.
“Financial institutions are increasingly looking for ways to expand their offerings to meet the growing needs of consumers,” said Anthony Jabbour, chief operating officer, Banking & Payments, FIS. “Partnering with FIS will allow Servus to continue to build its payment capabilities in ways that allow it to continue its top-notch service to members and deepen relationships with them for the future.”
"FIS can provide Servus the flexibility, support and leading-edge tools and technologies we need to meet our members' needs," said Caroline Ziober, chief operating officer, Servus Credit Union. "We're excited to partner with them to build even better payment options."
Headquartered in Edmonton, Alta., Servus Credit Union is Canada’s second-largest credit union. It is member-owned and community-based, with almost 390,000 members and more than 100 locations across Alberta.
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 55,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.
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