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
