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Katahdin Trust Company chooses Fiserv’s Premier bank platform

Katahdin Trust Company has agreed to adopt Fiserv’s Premier bank platform and additional services, to help create new efficiencies throughout the organization, remain competitive and improve its bottom line.

Other technologies which have been selected by the bank include Popmoney for person-to-person payments; CheckFree RXP for bill payments; Mobiliti for mobile banking; Business Online and Retail Online for online banking.

Additional applications comprise Branch Source Capture; Merchant Source Capturefor cheque capture, WireXchange for wire transfers, Director for electronic content management, Business Process Manager for new account and process management, the ACCEL/Exchange Network, Debit Processing and card production services.

A new application from Fiserv, known as Mobile Source Capture, transforms a smartphone into a deposit-making device, allowing consumers and small businesses to safely and securely deposit cheques from anywhere.

The financial service firm said that it selected Fiserv’s technologies based on their capabilities of enterprise-wide integration, innovation, scalability and opportunities for increased efficiencies.

Set up in 1918 and headquartered in Houlton, Maine, Katahdin Trust Company offers banking services to individuals and businesses from seventeen offices in northern and central Maine as well as through online banking.