Community Bank of the Bay Selects Fiserv to Drive Digital Transformation

Fiserv, a leading global provider of payments and financial services technology, announced that Community Bank of the Bay, an independent, community-focused bank in the San Francisco Bay Area, has selected its real-time payments technology to drive digital transformation strategy.

According to the official press release, as California's first Community Development Financial Institution (CDFI), Community Bank of the Bay is committed to providing affordable financial solutions and supporting sustainable environmental practices. The bank serves an expanding commercial customer base of businesses in industries including manufacturing, construction, restaurants, professional services and real estate.

By implementing the award-winning Payments Exchange: RTP® solution from Fiserv, Community Bank of the Bay can now rapidly onboard new customers while providing existing customers an expanded suite of payment options, including real time payments. Payments Exchange: RTP integrates out-of-box with the bank's existing core and builds on the success of their existing partnership with Fiserv.

As Fazzaco reported earlier, Fiserv has announced the acquisition​ of the marketing and commerce platform BentoBox. BentoBox delivers a seamless guest experience dedicated to accelerating growth and helping restaurants thrive.