Fiserv has introduced its Deposit Manager, an integrated cash deposit solution that is designed to allow financial institutions to offer their retailing clients an improved way to handle end-to-end cash operations.
Deposit Manager enables banks to offer a solution to corporate banking customers in the retailer segment that is designed to streamline cash operations, improve security, increase cash availability, provide fingertip balance and reconciliation reporting, reduce transportation spend and help facilitate a single banking relationship.
"Deposit Manager from Fiserv brings great efficiencies our bank clients can offer to their retailer customers, and is a device- and transportation- agnostic solution, which means banks and retailers have the freedom to choose devices and service vendors based on the needs of each retail location, regardless of geographical footprint," said Brian Jorgenson, director of Cash and Logistics Product Management, Fiserv.