# SISCOOP Collaborates with Fiserv to Become First in Mexico to Enable Digital and Mobile Banking for Credit Union Members
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-04-21
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Fiserv enables 26 Mexican credit unions with digital banking
Meta Description: Fiserv, a global financial technology provider, partners with SISCOOP to bring digital banking services to 26 credit unions in Mexico, revolutionizing the
URL: https://financedigest.com/siscoop-collaborates-with-fiserv-to-become-first-in-mexico-to-enable-digital-and-mobile-banking-for-credit-union-membershtml

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[Fiserv, Inc.](http://www.fiserv.com/) (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced SISCOOP, a cooperative providing services to credit unions in Mexico, will enable 26 credit unions to offer digital banking services using Fiserv technology. This landmark step marks the first time credit union members in Mexico will be able to access credit union services via digital platforms.

SISCOOP will utilize DigitalAccess from Fiserv to enable these credit unions, including one of the largest in Latin America, to meet growing demand for online and mobile banking. Because DigitalAccess is an end-to-end multi-tenant digital solution, the credit unions will be able to quickly and securely introduce a full range of digital banking and payment services. The move to digital services gives credit unions in Mexico the ability to provide the same customer experience as banks, increasing competition in the market and revolutionizing the current credit union landscape. SISCOOP valued the fact that Fiserv has worked with a number of [credit unions](https://www.financedigest.com/credit-union-loans-in-high-demand.html "Credit Union Loans in High Demand") in similar situations worldwide.

SISCOOP member Caja Popular Mexicana (CPM), the largest credit [union in Mexico](https://www.financedigest.com/volkswagens-mexico-factory-workers-reject-union-pay-deal.html "Volkswagen’s Mexico factory workers reject union pay deal") and one of the largest in Latin America, will be the first to deploy DigitalAccess. CPM will enable its 2 million members to bank through [mobile and desktop browsers and native applications for Apple](https://www.financedigest.com/uk-investigating-apple-google-mobile-browser-dominance.html "UK investigating Apple, Google mobile browser dominance") and Android devices, including smartphones and tablets. In addition to accessing account information, members will be able to sign up for SMS (text) and email alerts and receive in-app notifications, transfer funds between accounts, [pay bills](https://www.financedigest.com/bny-mellons-new-solution-leads-the-digital-bill-pay-revolution.html "BNY Mellon’s New Solution Leads the Digital Bill-Pay Revolution") and make person-to-person (P2P) payments.

The ability to offer full-featured [digital banking](https://www.financedigest.com/standard-chartered-rolls-out-digital-bank-in-hot-singapore-market.html "Standard Chartered rolls out digital bank in hot Singapore market") places us on par with the leading financial institutions in Mexico,“ said Alfonso Garcia, Commercial Director, Caja Popular Mexicana. “We can now provide our members with access to their accounts anytime, anywhere, transforming the way our members bank and increasing our competitiveness. We are proud to help change people’s everyday lives by providing [access to convenient and practical digital banking](https://www.financedigest.com/bridging-the-gap-between-banking-and-digital-accessibility-in-todays-digital-by-default-world.html "Bridging the Gap Between Banking and Digital Accessibility in Today’s ‘Digital by Default’ World") capabilities.”

[Banking in Mexico](https://www.financedigest.com/citigroup-to-buy-deutsche-bank-license-in-mexico-for-wholesale-unit.html "Citigroup to buy Deutsche Bank license in Mexico for wholesale unit") can be challenging, requiring people to travel long distances to their bank or credit union to manage their personal finances. At the same time, many credit unions have seen younger generations seek [services with banks that provide more digital](https://www.financedigest.com/how-to-enhance-banking-services-with-digital-performance-intelligence.html "HOW TO ENHANCE BANKING SERVICES WITH DIGITAL PERFORMANCE INTELLIGENCE") options. DigitalAccess will help SISCOOP members attract millenial [market share and meet modern consumer](https://www.financedigest.com/top-5-players-to-account-for-45-of-global-consumer-appliance-coatings-market-share-through-2031.html "Top 5 Players to Account for 45% of Global Consumer Appliance Coatings Market Share Through 2031") preferences.

The financial [services industry](https://www.financedigest.com/three-blockchain-application-scenarios-for-the-financial-services-industry.html "Three blockchain application scenarios for the financial services industry") is shifting, and consumers are demanding digital banking experiences aligned with how they live and work,” said Rene Salazar, managing director for Latin America, the Caribbean and Canada, Fiserv. “We look forward to working with SISCOOP and its credit union members to provide digital banking capabilities that can change the way people in Mexico move and [manage](https://www.financedigest.com/fine-tuning-your-money-management-skills-today.html "Fine-tuning your money management skills today") money.”

In a world moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the [way people live and work today](https://www.financedigest.com/4-ways-todays-investor-can-future-proof-their-assets.html "4 Ways Today’s Investor Can Future Proof their Assets") – financial services at the speed of life. Learn more at [fiserv.com](http://www.fiserv.com/).


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