financial

Fiserv, Inc., a provider of information technology services to the financial industry, announced the results of a study conducted by the company to measure the interest among banks and credit unions for mobile deposit capture as well as to learn their views on potential customer acceptance. Approximately 318 customers from 294 banks and credit unions participated in the study. Of these about 90% were experienced executives with titles of vice president or higher.

$787 billion economic stimulus package was finally singed into law by the President Barack Obama on Tuesday. While he expressed his belief in that the bailout will help the U.S. economy he still noted that this is not the end of troubles. Obama said that it is not all that America needs to do to revive the country but he thinks that the stimulus will be a starting point for the U.S. to create jobs, provide relief to families and pave the way for long-term growth.

In anticipation of more profitable business to be conducted starting this year TransCard, a leading provider of prepaid debit card solutions branded with MasterCard, Discover Network and STAR associations, made an appointment of a new Chief Financial Officer. The company hired former CFO at Advanced Interactive Systems Brad Townsend to take the seat.