Cleartouch is a real-time account processing solution that integrates with an array of Fiserv products to address the retail and commercial banking needs of community and mid-sized banks.
An online, outsourced solution, Cleartouch offers a processing environment for both memo-posting and real-time processing.
In addition to the Cleartouch bank platform for account processing, First Federal selected an integrated suite of solutions from Fiserv, including modules from EFT Solutions, Branch Source Capture, Item and Statement processing, Prologue General Ledger and the iVue for Cleartouch, a business intelligence solution.
The future plans include the implementation of Retail Online, for Internet banking, and CheckFree RXP for bill payment.
Fiserv said that the Cleartouch’ real-time processing capabilities allow clients to enhance customer service, streamline processes and control costs, fight fraud, and meet growing customer expectations for immediate access to funds and information.
First Federal senior vice president and chief financial officer Larry Bartman said that the Cleartouch bank platform has the features and functionality First Federal Savings Bank was looking for in a fully integrated core processing solution.