Welcome to the News View for "Fiserv".
Here, on these archive pages, you'll find all of the articles on Payments News for Fiserv listed in date sequence beginning with the most recent article at the top of the page.
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Fiserv has announced new redemption options for its award-winning UChoose Rewards program. "UChoose Rewards supports both consumer and small business market segments for both debit and credit card programs. It is an innovative program that allows financial institutions to select from merchant-funded, issuer-funded or a blended rewards programs."
Fiserv announced that its ACCEL/Exchange payments network had "another record-setting year, processing more than 1.5 billion transactions in 2011, an increase of nearly 29% over 2010. ACCEL/Exchange payments network from Fiserv is one of the fastest-growing payments networks in the industry, supplying the infrastructure for financial institutions to give cardholders around-the-clock access to their demand deposit account funds at ATMs and the point of sale."
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv announced the results of a survey of the mobile banking and payment plans of top-tier financial institutions.
The in-depth survey, conducted by Forrester Consulting on behalf of Fiserv in September 2011, evaluated the plans of 10 banks and credit unions that in total hold more than one-third of all U.S. deposit accounts. The results revealed that these financial institutions are moving beyond the basics to deliver increasingly sophisticated mobile capabilities. Transactional services such as remote deposit capture and mobile person-to-person payments will account for the bulk of mobile investment in 2012. However, despite a nearly unanimous commitment to expand overall mobile functionality, institutions remain split on plans to support mobile point-of-sale payments.
A white paper detailing the survey results can be downloaded from the Fiserv website.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
New research from Fiserv indicates there are "significant short-term and long-term shifts in the way consumers pay their bills. The 2011 Billing Household Survey showed that consumers use multiple payment channels on an ongoing basis, with nearly one out of every five online consumer households changing the way they pay bills each month. Mobile bill payments are on the rise, with more than six million Americans using smartphones to pay their bills in the past year. Interest in electronic bills (e-bills) has also hit an all-time high."
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv has announced that its ACCEL/Exchange debit payments network "brought nearly 250 financial institutions to the global PIN debit ATM and debit network in the first half of 2011, bringing total membership up to more than 2,900 financial institutions. Concurrent with the addition of these new members, Fiserv has seen transaction volume in the network increase as well. Transactions at both ATMs and point of sale (POS) are up 31 percent for the first six months of 2011."
Fiserv and Wells Fargo have announced they are "delivering advanced foreign currency exchange capabilities through WireXchange from Fiserv, a flexible automated solution for completing end-to-end wire transfers."
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv has announced the 'Mobiliti' suite of products for mobile banking, mobile alerts, and mobile payments.
Mobiliti unites the functionality of Mobile Money from Fiserv and BankAnywhere from the recently acquired M-Com within a single product suite, and will replace both of those product brands. Mobiliti is available in multiple distinct versions tailored for use by financial institutions of varying sizes within both the United States and international markets.
Mobiliti supports all three major mobile access modes -- SMS, mobile browser, and downloadable app.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv has announced results of a study of Con Edison customers that shows offering electronic bills through online banking or the company’s website can lead to enhanced cash flow and reduced customer care costs.
The study shows that customers who receive electronic bills (e-bills) via a financial institution or the Con Edison website are more likely to make on-time payments, and utilize online self-service rather than costly customer service calls.
The study, conducted by AccuData, analyzed two million Con Edison customer records.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv has announced that it entered into a definitive agreement to acquire CashEdge for $465 million.
CashEdge adds to Fiserv’s capabilities in areas such as account-to-account transfer, account opening and funding, data aggregation, small business payments, and person-to-person (P2P) payments. Both companies are in-market today with financial institution-centric P2P services that enable payments to be made from one account to another, Fiserv with ZashPay® and CashEdge with Popmoney®. This combination should accelerate Fiserv’s ability to provide new capabilities such as P2P money request, and small business electronic invoicing and remittance.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv has announced that the CheckFree RXP money movement platform has been expanded to support account-to-account transfers and same-day bill payments. "These new functionalities integrate with the existing bill payment and person-to-person payment capabilities available through CheckFree RXP to create a robust digital payments suite for financial institutions. While the elements of this suite can be utilized a la carte, they are designed to drive increased transactions when offered together."
Fiserv has announced that "more than 375 financial institutions have agreed to use Mobile Money from Fiserv, the company’s flagship mobile banking and payments solution. Almost 200 of these banks and credit unions are already live on the service, a figure that has more than doubled within the last 12 months."
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv sponsored a survey of top US banking executives to see where they stand regarding mobile.
Forrester surveyed 15 decision makers in October 2010 from top tier U.S. banks and credit unions to evaluate the current and future state of mobile banking and payments within their organizations. The results indicated that the majority of financial institutions have clear-cut mobile banking strategies. However, when it comes to mobile payments, most see themselves in the role of “fast follower” and are waiting for market changes and movement from “pace setters” before investing heavily.The results are presented in this white paper.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv and Cardlytics have announced a partnership designed to deliver merchant-funded rewards through Corillian Online. Through this partnership, Fiserv is providing banks with the ability to integrate targeted reward offers into the daily banking experience.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Visa has announced that consumers in the U.S. will soon be able to receive and send funds to any eligible Visa credit, debit or prepaid account, anywhere in the world.
The new Visa personal payments service, which eliminates the inefficiencies of cash and checks for payments between individuals, was made possible through technical enhancements to VisaNet, Visa’s global payments processing network, and through the introduction of a new Visa transaction type that allows financial institutions to accept incoming funds.Additionally, Visa announced strategic product agreements with CashEdge (announcement) and Fiserv (announcement). Both will have access to VisaNet, enabling them to integrate the Visa personal payment service into their respective P2P platforms - Popmoney and ZashPay.
Fiserv has announced that it "has acquired prepaid card processing and other technologies developed by Maverick Network Solutions, a Delaware-based provider of advanced prepaid and reward and incentive card programs. The Delaware start-up and its employees became part of the Fiserv Card Services group on March 1, 2011."
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Fiserv today announced that it has acquired Mobile Commerce Ltd. (M-Com), an "international mobile banking and payments provider, to enhance Fiserv’s existing mobile channel capabilities. The two companies have been partners since 2008, developing and delivering Mobile Money™ from Fiserv to hundreds of financial institutions. Financial terms of the acquisition were not disclosed."
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