Float Management Solutions from Fiserv can help banks model, predict and react optimally to change in float for maximum bank profitability.
As financial institutions increase the volume of electronically cleared checks, they require fewer float staff resources. The movement of paper required analysis of certain transportation and processing steps that have been eliminated in an electronic environment. But as the number and quality of float resources decline, a key question concerns bank profitability: How can a bank continue to optimize what remains a significant cost base?
Learning to model, predict and react optimally to changes in float can ultimately have a significant impact on the bottom line. For many banks, improving float profitability remains a powerful but underutilized tactic for revenue enhancement.
Fiserv has a long history of helping banks improve their deposit services profitability. With the industry's leading software products and a talented team of consultants, Fiserv can help you navigate not only the challenging regulatory and interest rate environment, but also the transformation of float management in today's increasingly electronic world. We offer a variety of Float Management Solutions, including:
Float Management Solutions from Fiserv can help financial institutions accurately predict how float will affect the business in both short- and long-term conditions, and develop a strategy to optimize their reactions and maximize profitability.
With our solutions, you can:
Our experts can help you:
Your inquiry has been successfully submitted. We will route it to the appropriate member of our team and they will respond within two business days.