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Fiserv: Lands payments deal with Pentagon Federal Credit Union

Fiserv: Lands payments deal with Pentagon Federal Credit Union

  • Fiserv a leading global technology provider serving the financial services industry, driving innovation in payments
  • Pentagon Federal Credit Union the second-largest federal credit union in the US, has picked digital card payments technology
  • PenFed sought a solution that could be deployed quickly and provide its 2.3 million members
  • The credit union is deploying CardHub which it hopes will enable members to benefit from greater control of their cards
  • The selection is part of PenFed’s ongoing switch to a digital strategy
  • It has followed a policy of mergers and acquisitions, and recently acquired businesses include McGraw-Hill Federal Credit Union

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