Fiserv, the Wisconsin-headquartered end-to-end business and technology solution provider, has renewed its agreement to provide the Bank of America(BofA) with electronic billing and payment services for its online and mobile channels.
According to Fiserv, the platform enables BofA customers to receive e-bills from more than 400 national and local companies.
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The platform also gives BofA customers access to the Fiserv electronic billing and payment network, which aims to allow next day delivery of most payments.
The agreement between the Fiserv and BofA, which began in 2000, has been extended to 2022 and includes a move to the latest CheckFree RXP platform.
Jeff Yabuki, president and chief executive officer of Fiserv, said the BofA had been a "pioneer in providing innovative digital services" to its customers.
He added: "We are honoured to continue our partnership as the next generation of payment innovation and consumer experience moves to the forefront of banking."
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