Optimum Bank
2929 East Commercial Boulevard, Suite 101,
Fort Lauderdale, 33308, FL,
United States
Fort Lauderdale, 33308, FL,
United States
1 954-900-2800
Banking and Financial Services
Optimum Bank Technographics
Optimum Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Optimum Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 53 Optimum 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 Optimum Bank has purchased the following applications: Fiserv Cleartouch Bank Platform for Core Banking in 2004, Microsoft 365 for Collaboration in 2018, TransUnion TruValidate (ex Iovation) for AML, Fraud and Compliance in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Optimum Bank is running and its propensity to invest more and deepen its relationship with Fiserv , Microsoft , TransUnion 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 Optimum Bank revenues, which have grown to $6.0 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 Optimum 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.
Optimum Bank Tech Stack and Enterprise Applications
Optimum Bank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Fiserv | Legacy | Fiserv Cleartouch Bank Platform | Core Banking | ERP Services and Operations | Benchmark Technology Group | 2004 | 2006 |
Optimum Bank implemented Fiserv Cleartouch Bank Platform in 2004, deploying Fiserv Cleartouch Bank Platform as its central processing application for Core Banking. The decision established a single-vendor core footprint that anchored branch transaction processing and account lifecycle management across the bank.
Configuration focused on teller processing and deposit account management, check and payment processing workflows, account maintenance and branch reporting modules consistent with Core Banking capabilities. The implementation included branch-facing workstation configurations for daily teller functions, ATM and vault balancing workflows, and centralized posting to the ledger.
Operationally the platform was operated alongside branch risk and fraud tools and personal finance utilities, with staff proficiency noted on Deluxe Detect, LexisNexus/Bridger, Nautilus, and Quicken at the Fort Lauderdale branch. Benchmark Technology Group served as the SI, supporting the conversion and training activities described by branch staff during rollout.
Governance centered on branch-level process changes and role-based training, with branch management conducting monthly audits and front-line staff trained to execute teller balancing, daily branch report evaluation, and check expense controls. Branch conversion assistance and employee training were explicit elements of the implementation, supporting ongoing customer service and operations functions.
|
Optimum 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 Optimum Bank implemented Microsoft 365 to provide Collaboration capabilities for its 53 employees. The implementation is referenced on their website where Microsoft 365 is listed as part of the bank's productivity and communication stack. The deployment emphasizes cloud based email, calendaring, and team communication as the primary collaboration layer.
The Microsoft 365 deployment included standard modules commonly used in the Collaboration category, including Exchange Online for email and calendaring, SharePoint and OneDrive for document management, and Teams for real time chat and meetings. Administration was organized as a centralized cloud SaaS tenancy with role based account provisioning, access controls, and information governance controls aligned to banking operational requirements. The configuration supports company wide collaboration across core banking and support functions, unifying email, document collaboration, and synchronous communication on the Microsoft 365 Collaboration platform.
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Optimum Bank TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| TransUnion | Legacy | TransUnion TruValidate (ex Iovation) | AML, Fraud and Compliance | TRM | n/a | 2021 | 2021 |
In 2021, Optimum Bank deployed TransUnion TruValidate (ex Iovation) on its website to strengthen online AML, Fraud and Compliance controls. The implementation placed TransUnion TruValidate into the bank's public digital channels in the United States, providing device intelligence and reputation signals to support online account opening, login verification, and transaction screening. Optimum Bank uses TransUnion TruValidate for AML, Fraud and Compliance to surface device identification and automated risk signals directly within customer-facing flows. The deployment situates the application as a primary source of device and bot reputation data for the bank's digital fraud defenses.
The implementation architecture combined client-side instrumentation for device fingerprinting with server-side risk decisioning APIs to deliver device reputation, bot detection, and fraud scoring in real time to the bank's online decisioning logic. Functional modules implemented include device identification, risk scoring, and automated bot and velocity checks, with signals routed into the bank's fraud investigation and compliance review processes. Governance concentrated on configuring signal thresholds and escalation paths so operations, fraud, and compliance teams could act on TruValidate outputs within existing review workflows. The configuration reflects typical AML, Fraud and Compliance integration patterns where device intelligence is consumed by digital operations and fraud review teams rather than as a standalone audit system.
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Optimum Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2018 | 2018 |
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Optimum Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
DDoS Protection | CyberSecurity |
|
2021 | 2021 |
|
|
|
|
|
Secure Email Gateways (SEGs) | CyberSecurity |
|
2013 | 2013 |
|
|
|
|
|
Secure Email Gateways (SEGs) | CyberSecurity |
|
2013 | 2013 |
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IT Decision Makers and Key Stakeholders at Optimum Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Optimum Bank Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Optimum Bank IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Optimum Bank digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Optimum Bank Technographics
Optimum Bank is a Banking and Financial Services organization based in United States,
with around 53 employees and annual revenues of $6.0 million.
Optimum Bank operates a diverse technology stack with applications such as
Fiserv Cleartouch Bank Platform, Microsoft 365 and TransUnion TruValidate (ex Iovation),
covering areas like Core Banking, Collaboration and AML, Fraud and Compliance.
Optimum Bank has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Fiserv, Microsoft and TransUnion.
Optimum Bank recently adopted applications including
TransUnion TruValidate (ex Iovation) in 2021, F5 Defense.Net in 2021 and Microsoft 365 in 2018,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Optimum Bank’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Optimum 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 Optimum Bank technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.