Abacus Federal Savings Bank
6 Bowery,
New York, 10013, NY,
United States
New York, 10013, NY,
United States
1 212-285-4770
Banking and Financial Services
Abacus Federal Savings Bank Technographics
Abacus Federal Savings Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Abacus Federal Savings Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 100 Abacus Federal Savings Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Abacus Federal Savings Bank has purchased the following applications: Bottomline ePay for Payment Processing in 2015, Fiserv DNA Bank Platform for Core Banking in 2017, Microsoft 365 for Collaboration in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Abacus Federal Savings Bank is running and its propensity to invest more and deepen its relationship with Bottomline Technologies , Apple , Jack Henry & Associates or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Abacus Federal Savings Bank revenues, which have grown to $20.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Abacus Federal Savings Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Abacus Federal Savings Bank Tech Stack and Enterprise Applications
Abacus Federal Savings Bank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Bottomline Technologies | Legacy | Bottomline ePay | Payment Processing | ERP | n/a | 2015 | 2015 |
In 2015 Abacus Federal Savings Bank deployed Bottomline ePay for Payment Processing on its public website to enable online customer payments and web-based transaction acceptance. The deployment centers on Bottomline ePay as an embedded online payment gateway providing hosted payment pages, card and ACH processing, tokenization for sensitive data handling, fraud screening and transaction reporting aligned with payment processing workflows.
Operational coverage focuses on retail digital channels and customer-facing payment flows, with Bottomline ePay supporting payment capture, settlement batching and reconciliation activities for front-line operations and back-office payments teams. Governance and operational controls emphasize role based access for payment handlers, PCI aligned controls and regular transaction reporting and reconciliation processes to integrate payment operations into existing bank procedures.
|
|
|
|
|
Payment Processing | ERP |
|
2018 | 2018 |
|
|
|
|
|
Payment Processing | ERP |
|
2018 | 2018 |
|
Abacus Federal Savings Bank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Fiserv | Legacy | Fiserv DNA Bank Platform | Core Banking | ERP Services and Operations | n/a | 2017 | 2017 |
In 2017, Abacus Federal Savings Bank implemented Fiserv DNA Bank Platform for Core Banking. The initial deployment focused on bringing deposit processing and transaction lifecycle management onto a single Core Banking platform to support branch operations and centralized back office workflows.
The Fiserv DNA Bank Platform implementation encompassed deposit account processing, in-clearing, ACH processing, and stop payment verification, alongside abandoned property management for New York, New Jersey, and Pennsylvania. The platform was used to support Online Banking functions, credit card transaction tracking, Regulation E claims processing, the debit card and ATM card program, return deposit claims, Check 21 processing, and ATM maintenance activities.
Operational coverage included day-to-day support for the branch network and centralized check processing, with responsibilities for exception handling, item scanning, and coordination of software issues with the vendor, Fiserv. The bank used the Fiserv DNA Bank Platform to process CTR submissions and to review OFAC and FinCEN inquiries daily, and to perform Social Security and Medicaid verifications where required.
Governance and operational controls were formalized around the platform, with annual reviews and updates to forms, procedures, and disclosures, delegated daily operational tasks across Deposit Operations staff, and designation of critical functions for business continuity. The implementation also supported special projects including system testing and disaster recovery planning, while serving as an operational resource to branches for check processing and reconciliation functions.
|
Abacus Federal Savings Bank Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2018 | 2018 |
In 2018, Abacus Federal Savings Bank implemented Microsoft 365 to support Collaboration across its organization. Microsoft 365 is referenced on the bank website and serves as the primary cloud collaboration platform for email, browser-based document collaboration, and team communication.
The Microsoft 365 deployment emphasizes standard collaboration capabilities, including cloud email and calendaring, document libraries and shared storage, and real-time chat and meeting functionality. Configuration appears aligned with category best practices, using tenant-level administration to manage user provisioning, role-based access, and content governance for corporate and branch personnel.
The implementation is applied to both the public website and internal user workstreams, supporting customer-facing content administration as well as back-office and branch collaboration. Operational coverage is consistent with a small banking organization, extending to retail branch staff, customer service teams, and corporate operations, while enabling browser and mobile access to collaboration resources.
Governance is organized around centralized Microsoft 365 tenant controls, with policies for identity, access, and content lifecycle management to meet banking operational needs. The narrative focuses on Microsoft 365 as the bank level Collaboration platform, integrating web-facing presence with internal collaboration and information management workflows.
|
Abacus Federal Savings Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2013 | 2013 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2018 | 2018 |
|
IT Decision Makers and Key Stakeholders at Abacus Federal Savings Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Abacus Federal Savings Bank Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Abacus Federal Savings Bank IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Abacus Federal Savings Bank digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Abacus Federal Savings Bank Technographics
Abacus Federal Savings Bank is a Banking and Financial Services organization based in United States,
with around 100 employees and annual revenues of $20.0 million.
Abacus Federal Savings Bank operates a diverse technology stack with applications such as
Bottomline ePay, Fiserv DNA Bank Platform and Microsoft 365,
covering areas like Payment Processing, Core Banking and Collaboration.
Abacus Federal Savings Bank has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Bottomline Technologies, Fiserv and Microsoft.
Abacus Federal Savings Bank recently adopted applications including
Apple Pay in 2018, Jack Henry Ensenta in 2018 and Microsoft 365 in 2018,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Abacus Federal Savings Bank’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Abacus Federal Savings Bank’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Abacus Federal Savings Bank technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.