Melville, 11747, NY,
United States
First National Bank LI Technographics
First National Bank LI Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by First National Bank LI and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 350 First National Bank LI employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that First National Bank LI has purchased the following applications: Fiserv CheckFree RXP for Payment Processing in 2013, Fiserv Signature Bank Platform for Core Banking in 2013, Cisco Webex Meetings for Audio Video and Web Conferencing in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems First National Bank LI is running and its propensity to invest more and deepen its relationship with Fiserv , Cisco Systems , Contentsquare 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 First National Bank LI revenues, which have grown to $47.0 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 First National Bank LI 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.
First National Bank LI Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Fiserv | Legacy | Fiserv CheckFree RXP | Payment Processing | ERP Financial Management | n/a | 2013 | 2013 |
In 2013, First National Bank LI implemented Fiserv CheckFree RXP in the Payment Processing category. The deployment extended a longstanding Fiserv relationship that began in 1987 and aligned with the bank s existing Signature account processing platform and Common Origination Platform.
Fiserv CheckFree RXP was configured to centralize electronic payment processing workflows, enable payment routing and reconciliation, and support exception handling and batch settlement processes consistent with Payment Processing functional expectations. Configuration work focused on operational payment flows, reconciliation automation and exception management to reduce manual intervention across payment channels.
The CheckFree RXP implementation was integrated into the broader Fiserv ecosystem, interfacing with Signature and Common Origination Platform to streamline loan origination touchpoints with payment flows. First National Bank LI also retained integrations with CheckFree Small Business, ConvergeIT, Risk Office, UChoose Rewards, Debit Processing, PEP+ and the Accel payments network to maintain end to end coverage across retail, commercial and lending operations.
Governance and rollout emphasized cross functional operations, with a focus on reducing employee training time for staff who handle multiple lending responsibilities and on operational consistency across departments. Fiserv and bank statements explicitly cited expected benefits of driving down operational costs, reducing redundant processes and supporting enhanced regulatory compliance.
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Fiserv | Legacy | Fiserv Signature Bank Platform | Core Banking | ERP Services and Operations | n/a | 2013 | 2013 |
In 2013 First National Bank LI implemented Fiserv Signature Bank Platform as its Core Banking system, deploying the Fiserv Signature Bank Platform to support core account processing and branch teller workflows. The initiative was positioned as a bank wide modernization that introduced new core account processing, branch teller, and platform solutions to support retail banking and commercial online operations.
Configuration work focused on core account processing modules and branch teller functionality within the Fiserv Signature Bank Platform, alongside selection and rollout of an enterprise wide electronic signature platform to expedite application processing. The bank built a small digital channel team of four associates to operate and optimize digital and retail product workflows, and negotiated favorable contractual terms with multiple vendors tied to the new platform.
Operational integrations included a renegotiated data processing contract that bundled several new systems and capabilities at a reported minimal 20 percent increase in cost, and a decision to outsource Lock Box Processing which reduced expenditures by more than $200,000 per annum. The deployment covered retail, commercial online, branch operations, and back office data processing, with ongoing vendor oversight of Fiserv as the bank s largest third party vendor.
Governance changes accompanied the program, with senior leadership chairing the Information Technology Steering Committee and serving on the Board Risk Committee, Operational Risk Committee, and Product and Pricing Committee to align risk, operations, and product governance with the Core Banking implementation. Contract negotiations and process shifts such as enterprise wide electronic signatures were used to standardize workflows and accelerate application throughput under the Fiserv Signature Bank Platform.
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Loan Management | ERP Services and Operations |
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2013 | 2013 |
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2017 | 2017 |
In 2017, First National Bank LI implemented Cisco Webex Meetings on its website. Cisco Webex Meetings is deployed as a cloud hosted Audio Video and Web Conferencing solution and is embedded into customer facing web pages to provide browser based meeting joins and scheduling workflows for external and internal participants. The on‑site embedding emphasizes in browser access and widget driven meeting initiation to reduce friction for customers and staff connecting to virtual sessions.
The Cisco Webex Meetings implementation leverages core Audio Video and Web Conferencing capabilities such as real time video and audio, screen sharing, meeting recording, scheduling and host moderation controls. Integration is explicitly with the bank website, enabling customer engagement flows and internal collaboration across business functions including customer service, branch operations and remote staff communications. Governance is implemented through IT configured meeting controls and access policies in Cisco Webex Meetings, standardizing provisioning and moderation workflows to align virtual meeting usage with bank communication policies.
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Experience | CRM |
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2021 | 2021 |
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PPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Project Portfolio Management | PPM |
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2021 | 2021 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2017 | 2017 |
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Application Hosting and Computing Services | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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SD-WAN | IaaS |
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2022 | 2023 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Endpoint Detection and Response (EDR) | CyberSecurity |
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2020 | 2020 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2012 | 2012 |
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IT Decision Makers and Key Stakeholders at First National Bank LI
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by First National Bank LI Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||