With the demand for fast, secure wire transfers continuing to increase, financial institutions are looking to streamline their wire transfer systems to support future growth and global obligations.
WireXchange® from Fiserv gives you an affordable option for increasing the efficiency and security of your wire transfer process so you can experience cost savings and increased productivity, find new revenue sources and gain competitive advantages.
WireXchange streamlines every step in the wire transfer process, enabling straight-through processing and a paperless transaction environment, which means you can handle a higher volume of wires more efficiently. With WireXchange you can reduce errors and eliminate redundant, manual steps in a single, secure system that integrates with your core banking solutions.
increase in wire transfer activity, without added staff
decrease in time required for wire processing
cleaner audit reports and fewer OFAC errors
* Based on analysis of WireXchange user experiences.
Flexible, secure and easy to use, the web-based WireXchange solution provides a single entry point that triggers verification, OFAC screening, posting to the account processing system, delivery to the Federal Reserve and automated customer notifications. WireXchange is backed by built-in security features including customized authorization levels, dual controls and data encryption to protect the privacy of the wire transfer data.
Our previous system was time consuming and burdensome on my staff because of the amount of paper tickets they had to write. The automation with WireXchange made our process a lot easier.
– Maru Gonzalez, Vice President of Operations, Falcon International Bank
For international FX wire transfers, WireXchange: FX from Fiserv offers the same benefits of WireXchange for managing global transactions.
Streamlines every step in the wire transfer process
Ensures security and confidentiality of financial information
Reduces errors and redundant manual steps
Adapts to your unique environment and business needs
Helps you meet regulatory requirements
Offers an easy-to-use interface reduces training and setup time
Real-time integration with multiple core processing systems and corporate treasury applications, including: