TD Bank adds Fiservs Popmoney and TransferNow for online money movement

Wednesday 19 March 2014 10:13 CET | News

Financial institution TD Bank has expanded its online money movement options by adding the Popmoney personal payment service and TransferNow online funds transfer service, both from Fiserv, a global provider of financial services technology solutions.

Popmoney enables customers to send money to almost anyone they know or owe using the recipient’s name and email address or mobile phone number, eliminating cash or checks. Customers can also request and receive money directly into their TD Bank accounts. TransferNow offers customers a way to transfer funds to or from their own non-TD Bank accounts.

Person-to-person payments and transfers are available to and from US-based bank accounts. Both services are part of the Fiserv suite of digital money movement solutions, which also includes the CheckFree RXP bill payment service used by the bank. In addition to Popmoney, TransferNow and CheckFree RXP, TD Bank also uses Corillian Online from Fiserv for online banking.

According to the 2013 Fiserv survey, 60% of US consumers with internet access make a payment at least once a month using a laptop or desktop computer, and 79% said they would be open to using a person-to-person payment service from their bank.

Fiserv is a global technology provider serving the financial services industry in payments, processing services, risk and compliance, customer and channel management.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: TD Bank, POPmoney, TransferNow, Fiserv, online, banking
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

Industry Events