Genesis Bank and Fiserv Partner to Empower Businesses in Low- and Moderate-Income Communities

Genesis Bank and Fiserv Partner to Empower Businesses in Low- and Moderate-Income Communities

Genesis Bank and Fiserv Partner to Empower Businesses in Low- and Moderate-Income Communities

Genesis Bank and Fiserv have joined forces to provide businesses in low- and moderate-income (LMI) communities with access to cutting-edge Clover point-of-sale (POS) technology. Through this partnership, businesses can leverage Clover’s advanced features with zero upfront costs and discounted subscription fees.*

  • Enhanced Business Operations: The Clover POS system offers small- and mid-sized businesses the tools they need to accept payments, manage operations, and enhance customer experiences. This technology is crucial for businesses to stay competitive and thrive in today’s market.
  • Removing Financial Barriers: Genesis Bank, recognized as one of only two diverse multiracial Minority Depository Institutions (MDIs) among nearly 4,600 banks in the U.S., understands the financial challenges faced by diverse small business owners. This partnership aims to remove cost barriers, especially for historically underserved communities.
  • Supporting Entrepreneurship: Stephen H. Gordon, Chairman and Chief Executive Officer of Genesis Bank, expressed excitement about the partnership, highlighting the importance of advanced POS systems for businesses today. He emphasized that access to such technology is often hindered by cost, especially for historically underserved communities. Gordon believes that the partnership with Fiserv will help bridge this gap and support the bank’s mission.
  • Commitment to Community Impact: Neil Wilcox, Head of Corporate Social Responsibility at Fiserv, praised the partnership as a means to provide critical financial technology resources to businesses in Southern California. Both Genesis Bank and Fiserv are committed to building vibrant and entrepreneurial communities.

This partnership between Genesis Bank and Fiserv not only provides essential technology resources to businesses in LMI communities but also reflects a shared commitment to fostering economic growth and entrepreneurship in Southern California. It’s a testament to the power of collaboration in creating positive change and supporting the vitality of communities.

Small businesses interested in accessing the Clover POS system with zero upfront costs can visit the Genesis Bank website for more information: mygenesisbank.com/cloverbundle.

 

 

*Visit mygenesisbank.com/cloverbundle for all terms and conditions.