Fiserv

A provider of financial services technology solutions Fiserv Inc announced that it will continue offering signature and PIN debit transactions processing for 7 of the 9 banks of Heartland Financial USA Inc. Besides, these 7 banks will remain members in ACCEL/Exchange®, the PIN debit network owned and operated by Fiserv.

Fiserv has struck a deal to purchase person-to-person payments provider CashEdge for $465 million.

Previously the two companies have been competing in the P2P payments market and have signed multiple financial institutions for their payment products: Fiserv's ZashPay and CashEdge's Popmoney.

Fiserv says the acquisition of CashEdge - which employs around 300 people in New York, Silicon Valley, Chennai and Mumbai - should help it provide new capabilities such as P2P money request, and small business electronic invoicing and remittance to its customers.

Fiserv Inc has expanded the functionality of its CheckFree® RXP® money movement platform to include account-to-account transfers and same-day bill payments. The new features complement existing options available with the platform which makes it more convenient for financial institutions and their consumers.

While customers have an opportunity to make same-day payments and account-to-account transfers, financial institutions can avail themselves of a fee-based revenue source.

Fiserv Inc announced that it now serves over 375 financial institutions with its Mobile Money mobile banking and payments solution. The company says that about 200 of these banks and credit unions are already live on the service, a double growth over the past 12 months. Number of consumers using the service increased by 600% within the past 6 months.

Fiserv Inc, a provider of financial services technology solutions, announced that it plans to upgrade its Financial Advice Solutions through the integration of best-in-class data and analytics from Morningstar.

Fiserv Inc, a global provider of financial services technology solutions, has partnered with Cardlytics, a provider of transaction marketing, to provide its merchants with merchant-funded rewards through Corillian Online, an integrated banking, payment and personal financial management solution used by millions of consumers nationwide.

A global provider of financial services Fiserv announced the upgrade of its Virtual Brach, an online banking suite developed specifically for credit unions.

"With Virtual Branch, we have been able to capture new opportunities and offer more to our members as the online channel has evolved and become more prominent. It's great to have a partner like Fiserv, who we can rely on to invest in the tools and technologies our business needs most," said Gary Hinrichs, chief executive officer for West Community Credit Union.

A global provider of financial services Fiserv announced its Revenue Expansion program specifically developed to help banks and credit unions impacted by Regulation E. as is known on November 12, 2009, the US Federal Reserve Board published a final rule under Regulation E that prohibits financial institutions from charging overdraft fees for ATM or one-time debit card transactions, unless a consumer opts-in to the overdraft service.

KeyBank became one of the first US banks to deploy a joint solution of Fiserv and M-Com dubbed Mobile Money. KeyBank will be offering mobile banking to all customers irrespective of their enrollment for online banking services. It can be used by those who use online banking as well as offline clients who use the branch channel.

M-Com, an international mobile banking solutions provider, launched a complete 'Software as a Service' (SaaS) version of its globally deployed mobile banking and payment platform – BankAnywhere labeled as BankAnywhere ASP Edition.

The development of the new service was helped by Fiserv who also incorporated BankAnywhere ASP Edition technology into Mobile Money™ from Fiserv.

Global provider of financial services solutions Fiserv Inc announced that Consumers Credit Union of Waukegan, Ill. has chosen to implement the Acumen™ account processing solution from Fiserv, among other Fiserv products. The credit union selected Acumen for its ability to support rapid growth and innovation as the credit union seeks to expand its member-base.

A global provider of financial services solutions Fiserv Inc announced that The Westpac Group has selected online consumer, business banking and corporate services from Fiserv to power the bank’s Online Transformation Program. Westpac has chosen Corillian® Online and Voyager® banking solutions from Fiserv to serve retail banking customers, small and medium-sized businesses, and corporate customers across its unique brands.

Fiserv, Inc. has officially launched its ZashPay(SM), a new person-to-person (P2P) payments service enabling users to send or receive money using their existing online banking accounts. To send money with ZashPay to the US residents the users need the recipient's name and e-mail address or mobile phone number only. Money will be deducted directly from the sender's banking account and transferred to the account of the recipient. All the transactions are as safe as the conventional online banking operations. 

There’s a lot of momentum behind Person-to-Person (P2P) payments in the U.S. JP Morgan Chase is the most recent, but PayPal, Fiserv, CashEdge, Obopay, and others are signing banks and trying to get consumers to enroll and use the service. The networks must interconnect if banks want the new payment revenue.

Fiserv, Inc., a global provider of financial services technology solutions and the largest provider of business-driven technology solutions for credit unions, has announced that 150 credit unions have chosen Mobile Money™. The success of Mobile Money can be explained by its easy integration with other Fiserv solutions, including its Portico™ account processing system and Virtual Branch. In the first three months, more than 313 members of Call Federal Credit Union signed up for Mobile Money.