There is no end to what all human beings can do, and yet there is little that we do better than pursuing growth on a consistent basis. This progressive approach, on our part, has already got us to hit upon some huge milestones, with technology emerging as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue producing the goods. The same has grown to become a lot more evident in recent times, and assuming a new banking partnership shakes out just like we envision, it will only make that trend bigger and better moving forward.

Bankjoy, a Mountain View California-based digital banking player, has officially confirmed its integration with Fiserv Portico, a full-service account processing system, to provide the latter’s customers with a flexible banking experience. According to certain reports, the partnership will empower credit unions using Fiserv Portico in terms of conceiving a cutting-edge UX, which promises to bring forth for you a wider set of customers. Beyond that, by enhancing the whole product’s innate appeal, this UX will also effectively scale up your relationships with existing clients. Talk about what makes Bankjoy’s technology an ideal vehicle here; the answer is rooted in the setup’s ability to provide wide-ranging services, such as mobile and online banking, e-statements, online account opening, online loan origination, and conversational AI to support exclusive financial operations etc. In order to have a more modern positioning, the company has also, over the last few months, announced new offerings like a standalone online account opening solution and one full-fledged business banking platform. Another detail which bolsters Bankjoy’s value proposition is the company’s track record in catering to every viable customer segment, irrespective of whether they have a retail account or a business account.

“Ongoing digital transformation over the last decade has accelerated the need for financial institutions of all sizes to deliver a state-of-the-art digital banking experience. Their success as an institution depends on this, as the top performing financial institutions see an average of 24-28 digital banking log-ons per account holder each month, which drives revenue growth by an average of 10-15 percent each year, according to McKinsey & Company,” said Michael Duncan, CEO of Bankjoy.

“Yet, investing in a truly cutting-edge digital banking solution can seem out-of-reach for institutions without extensive engineering resources and IT budgets. Our integration with Fiserv Portico aims to solve this by giving credit unions more flexibility to roll out the digital banking features that today’s members expect in the most efficient and cost-effective way possible,” Duncan added.

Resetting our focus to Fiserv, it’s a behemoth in itself when it comes to upgrading the landscape for payments and financial technologies. The company’s expertise in areas like account processing, digital banking solutions; card issuer processing, network services; payments; e-commerce; merchant acquiring, and more, has notably turned it into a proud member of the S&P 500® Index. Apart from that, the Fiserv is also known for being among Fortune® World’s Most Admired Companies.