Fiserv Inc: Key Developments

Tesco Bank Selects Fiserv, Inc. Platform
November 20, 2009
Fiserv, Inc. announced that Tesco Bank has selected the Company and the Signature bank platform to provide its core banking solution. Tesco Bank is developing new products and services and needs to build the systems and infrastructure platforms to help provide these services.
AltiGen Communications, Inc. Expands Distribution Agreement With Fiserv, Inc
November 16, 2009
AltiGen Communications, Inc. announced that Fiserv, Inc. is expanding its distribution agreement for AltiGen Unified Communications solutions from its credit union customers to now include its banking customers. Through its ConvergeIT group, Fiserv has been selling the AltiGen Unified Communications solution to its credit union customers, marketed under the name of the ConvergeIT telephony suite. With more than 250 credit union customers having already successfully deployed the AltiGen solution, the ConvergeIT telephony suite will now also be sold to Fiserv banking customers.
Fiserv, Inc. Narrows FY 2009 EPS Guidance; Comments On Q4 2009 Adjusted Internal Revenue Growth Guidance
October 27, 2009
Fiserv, Inc. announced that it expects its fiscal 2009 adjusted earnings per share (EPS) from continuing operations to be within a narrowed range of $3.63-$3.68. The Company expects adjusted internal revenue growth in the fourth quarter to be in a range of 0% to 2%. According to Reuters Estimates, analysts were expecting the Company to report EPS of $3.67 for fiscal 2009; revenue of $1.084 billion for the fourth quarter of 2009.
Navy Army Federal Credit Union Selects Fiserv, Inc. As Technology Provider
September 28, 2009
Fiserv, Inc. announced that Navy Army Federal Credit Union in Corpus Christi, Tex., has renewed its contract for account processing with Fiserv.
Fiserv, Inc. To Sell Loan Fulfillment Solutions Business
September 28, 2009
Fiserv, Inc. announced that it has signed a definitive agreement to sell its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc., a subsidiary of ISGN Corporation based in Bensalem, Pa. The transaction is expected to close within 30 days. Financial terms of the transaction were not disclosed.
Fiserv, Inc. Announces Five Credit Union Platform Agreements
September 23, 2009
Fiserv, Inc. announced that it has signed five new credit union clients to contracts for its Portico, OnCU and CubicsPlus account processing solutions. In addition to choosing an account processing solution from Fiserv, representatives from the five credit unions said they look forward to streamlining workflows and driving efficiencies by leveraging a wide range of value-added Fiserv solutions such as Card Services, Virtual Branch Internet banking, Wisdom accounting tools and other products that are integrated with the account processing solutions to create enterprise wide platforms.
Center Bancorp, Inc. Outsources Processing Services To Fiserv, Inc.
September 23, 2009
Center Bancorp, Inc. announced that it has signed a strategic outsourcing agreement with Fiserv to provide core account processing services which is consistent with the Center Bancorp, Inc's other strategic initiatives to streamline operations, reduce operating overhead and allow Center Bancorp, Inc to focus on core competencies of customer service and product development. This will complete the final phase of business plans to refocus internal operations to customer and product support while streamlining infrastructure, which began with a strategic assessment of an outsourcing initiative with Fiserv in March 2008. The core processing transition will take place in the fourth quarter of 2009 and upon completion IT infrastructure services, application support and maintenance, transactional services and support services will access the Fiserv data center in Glastonbury, Connecticut. Fiserv will provide financial technology solutions as the Center Bancorp, Inc's complete outsourced core account processing provider.
Huntington State Bank Selects Precision From Fiserv, Inc.
September 21, 2009
Fiserv, Inc. announced that Huntington State Bank has selected the Precision bank platform to provide an enterprise wide technology solution to accommodate current and future growth. Huntington chose in house processing on the Precision platform from Fiserv, as well as a host of value added solutions that will streamline the bank's operations and enhance customer service. These solutions include Internet Banking, Director, Integrated Teller and Cash Management for Precision, in addition to WireXchange. Additionally, Huntington will deploy Business Process Manager to improve workflow processes in anticipation of future expansion. This multi product implementation from Fiserv reinforces core competencies in Processing Services, Customer and Channel Management and Payments.
First National Bank of South Carolina Selects Precision From Fiserv, Inc.
September 9, 2009
Fiserv, Inc. announced that First National Bank of South Carolina has selected the Precision bank platform from Fiserv to provide an enterprise wide technology solution. The bank chose Fiserv for its account processing and value added solutions that will grow with the expanding financial institution.
Umpqua Bank Selects Mobile Money From Fiserv, Inc. To Enable On-the-Go Banking
August 24, 2009
Fiserv, Inc. announced that Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, has selected Mobile Money from Fiserv to enable customers to manage their finances using their mobile device.
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Page generated 11/22/2009 9:22 PM Eastern Time

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