Showing posts with label Fiserv. Show all posts
Showing posts with label Fiserv. Show all posts

Thursday, March 17, 2011

Fiserv Teams with Visa to Extend ZashPay Network, Speed Person-to-Person Payments

    http://www.fiserv.com
  • Agreement will expand the number of consumers who can access the ZashPay network, with the potential to include more than 1 billion Visa account holders
  • ZashPay users will be able to send money to and receive money from eligible Visa account holders
  • Fiserv will have the ability to expand ZashPay to reach international account holders
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ:FISV), the leading global provider of financial services technology solutions, today announced an agreement with Visa Inc. (NYSE:V) that will enable users of the ZashPay® person-to-person payments service from Fiserv to send money to and receive money from eligible Visa account holders through their primary financial institution. This agreement will expand the ZashPay network, with the potential to reach more than 1 billion Visa account holders, and can increase the speed of many payments. Fiserv and its financial institution customers also will have the ability to extend person-to-person payments to eligible international account holders.
“For fifty years, Visa has worked to simplify payments; we are now evolving our network capability to make it easier for our cardholders to pay one another.”
“More than 700 financial institutions have signed up to offer ZashPay, and the service is already live at 500 banks and credit unions,” said Erich Litch, division president, Digital Channels, Fiserv. “Working with Visa allows us to deliver payments to even more consumers, more quickly and deepens the relationship that member financial institutions have with their customers. We’re committed to making the ZashPay network the largest and fastest personal payment network, providing the convenience and speed that financial institutions, consumers and small businesses demand in order to drive adoption and usage.”
ZashPay currently enables payments to be sent directly to any U.S. bank account in as little as one business day, and real-time payments will be available later in 2011. The agreement with Visa will expand the number of consumers who can access the ZashPay network, with the potential to include more than 1 billion Visa accounts. Initially the service will focus on payment delivery to eligible credit and debit account holders, with plans to expand to prepaid and international account holders in the future. The service will be available to both consumers and small businesses using ZashPay.
“The exact same Visa card you pull out of your wallet to make purchases at the point-of-sale can now be used to receive a payment from a friend or family member,” said Matt Dill, Head of Personal Payments and Digital Money Transfer, Visa Inc. “For fifty years, Visa has worked to simplify payments; we are now evolving our network capability to make it easier for our cardholders to pay one another.”
ZashPay is part of the robust, integrated suite of solutions offered by Fiserv to enable digital money movement through the online and mobile channels, including bill payments, personal payments and small business payments. To learn more about ZashPay visit www.zashpay.fiserv.com.
Additional Resources
About Visa Inc.
Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world’s most advanced processing networks—VisaNet—that is capable of handling more than 20,000 transactions a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank, and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: Pay now with debit, ahead of time with prepaid or later with credit products. For more information, visitwww.corporate.visa.com.
About Fiserv
Fiserv, Inc. (NASDAQ:FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visitwww.fiserv.com.
FISV-G

Contacts

Additional Fiserv Contact:
Wade Coleman
Director, Global Communications
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com
Media Relations:
Ann S. Cave
Senior Public Relations Manager
Digital Channels
Fiserv, Inc.
678-375-4039
ann.cave@fiserv.com

At A Glance

Fiserv, Inc.
Source: via Business Wire
Updated 08/18/2009 by company
Headquarters:Brookfield, Wisconsin
Website:http://www.fiserv.com
CEO:Jeff Yabuki
Employees:20,000
Ticker:FISV (NASDAQ)
Revenues:$4.74 billion (2008)
Net Income:$569 million (2008)
Permalink: http://www.businesswire.com/news/home/20110316005603/en/Fiserv-Teams-Visa-Extend-ZashPay-Network-Speed


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Wednesday, May 26, 2010

PhoneFactor and Fiserv Partner for Phone-Based Multi-Factor Authentication



New Option for Secure User Authentication Will Be Available Through the Corillian Online Banking Solution From Fiserv

OVERLAND PARK, KS, May 26, 2010 (MARKETWIRE via COMTEX) -- PhoneFactor, Inc., the leading global provider of out-of-band authentication services, today announced that it has partnered with Fiserv, Inc. (FISV 47.34+0.51+1.09%) to provide phone-based user authentication through the Corillian(R) Online banking solution. The new phone-based authentication option will be integrated into Intelligent Authentication(TM) from Fiserv, a strong multi-factor user authentication tool that is available to financial institutions that use Corillian Online. Intelligent Authentication allows financial institutions to offer both passive and active user authentication options in addition to a traditional user name and password, reducing the risk of fraud and identity theft in the online channel.
Fiserv, the leading global provider of financial services technology solutions, provides online banking and bill payment services to thousands of financial institutions, including 25 of the top 50 financial institutions in the United States.
"Financial institutions are actively seeking to minimize risk for their organization and their customers," said Geoff Knapp, vice president, Online Banking and Consumer Insights, Fiserv. "Our partnership with PhoneFactor will enable financial institutions that use Corillian Online and Intelligent Authentication to provide their account holders with a phone-based authentication option, giving them another tool to protect themselves against fraud."
PhoneFactor will provide Fiserv clients with integrated multi-factor authentication services, including user authentication and transaction verification services. PhoneFactor works by placing an automated call to the online banking user during login. The user simply answers the call and presses # (or enters a PIN) on the phone keypad to complete the login. In addition to ensuring that the legitimate user is logging in, PhoneFactor can verify specific online transactions, protecting against man-in-the-middle attacks from malware like Clampi and ZeuS, all through an out-of-band channel.
PhoneFactor will be demonstrating the integrated solution at the Fiserv Connex 2010 client conference May 24-26 in Boca Raton, Fla.
"We are pleased that the many financial institutions that use Corillian Online from Fiserv will now be able to benefit from PhoneFactor's leading authentication technology without integration obstacles," said Tim Sutton, CEO of PhoneFactor. "We believe this relationship will extend Fiserv's technology leadership position by further strengthening its highly secure application for the financial services industry."
About Fiserv Fiserv, Inc. (FISV 47.34+0.51+1.09%) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
About PhoneFactor PhoneFactor is a leading provider of multi-factor authentication services. The company's award-winning platform by the same name uses any phone as a second form of authentication. PhoneFactor's out-of-band architecture and real-time fraud alerts provide strong security for enterprise and consumer applications. It is easy and cost effective to set up and deploy to large numbers of geographically diverse users. PhoneFactor was recently named to the Bank Technology News FutureNow list of the top 10 technology innovators securing the banking industry today and a finalist in 2010 SC Magazine Reader Trust Awards. Learn more at www.phonefactor.com.
Contact:
Veneta Lusk
Pierpont Communications
214-217-7300 x1310
Email Contact





SOURCE: PhoneFactor
http://www2.marketwire.com/mw/emailprcntct?id=5985A53EE1448736


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PhoneFactor and Fiserv Partner for Phone-Based Multi-Factor Authentication



New Option for Secure User Authentication Will Be Available Through the Corillian Online Banking Solution From Fiserv

OVERLAND PARK, KS, May 26, 2010 (MARKETWIRE via COMTEX) -- PhoneFactor, Inc., the leading global provider of out-of-band authentication services, today announced that it has partnered with Fiserv, Inc. (FISV 47.34+0.51+1.09%) to provide phone-based user authentication through the Corillian(R) Online banking solution. The new phone-based authentication option will be integrated into Intelligent Authentication(TM) from Fiserv, a strong multi-factor user authentication tool that is available to financial institutions that use Corillian Online. Intelligent Authentication allows financial institutions to offer both passive and active user authentication options in addition to a traditional user name and password, reducing the risk of fraud and identity theft in the online channel.
Fiserv, the leading global provider of financial services technology solutions, provides online banking and bill payment services to thousands of financial institutions, including 25 of the top 50 financial institutions in the United States.
"Financial institutions are actively seeking to minimize risk for their organization and their customers," said Geoff Knapp, vice president, Online Banking and Consumer Insights, Fiserv. "Our partnership with PhoneFactor will enable financial institutions that use Corillian Online and Intelligent Authentication to provide their account holders with a phone-based authentication option, giving them another tool to protect themselves against fraud."
PhoneFactor will provide Fiserv clients with integrated multi-factor authentication services, including user authentication and transaction verification services. PhoneFactor works by placing an automated call to the online banking user during login. The user simply answers the call and presses # (or enters a PIN) on the phone keypad to complete the login. In addition to ensuring that the legitimate user is logging in, PhoneFactor can verify specific online transactions, protecting against man-in-the-middle attacks from malware like Clampi and ZeuS, all through an out-of-band channel.
PhoneFactor will be demonstrating the integrated solution at the Fiserv Connex 2010 client conference May 24-26 in Boca Raton, Fla.
"We are pleased that the many financial institutions that use Corillian Online from Fiserv will now be able to benefit from PhoneFactor's leading authentication technology without integration obstacles," said Tim Sutton, CEO of PhoneFactor. "We believe this relationship will extend Fiserv's technology leadership position by further strengthening its highly secure application for the financial services industry."
About Fiserv Fiserv, Inc. (FISV 47.34+0.51+1.09%) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
About PhoneFactor PhoneFactor is a leading provider of multi-factor authentication services. The company's award-winning platform by the same name uses any phone as a second form of authentication. PhoneFactor's out-of-band architecture and real-time fraud alerts provide strong security for enterprise and consumer applications. It is easy and cost effective to set up and deploy to large numbers of geographically diverse users. PhoneFactor was recently named to the Bank Technology News FutureNow list of the top 10 technology innovators securing the banking industry today and a finalist in 2010 SC Magazine Reader Trust Awards. Learn more at www.phonefactor.com.
Contact:
Veneta Lusk
Pierpont Communications
214-217-7300 x1310
Email Contact





SOURCE: PhoneFactor
http://www2.marketwire.com/mw/emailprcntct?id=5985A53EE1448736


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Wednesday, March 24, 2010

First Bank Selects Fiserv Suite



First Bank Chooses Corillian Online, CheckFree RXP and Mobile Money from Fiserv

Regional bank to offer user-friendly online banking, bill pay and mobile banking
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that First Bank, serving more than 200,000 households in five states, has selected Corillian® OnlineCheckFree® RXP® and Mobile MoneyTM to enable online and mobile banking services. Turning to a single trusted provider for banking technology will allow First Bank to quickly deliver comprehensive, user-friendly services to support the growing online and mobile channels.
“We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
“With the number of First Bank online banking households growing by 10 percent each year, and increasing interest in mobile banking, we felt this was the right time to invest in these channels,” said Timothy Cook, vice president, Internet Banking, First Bank. “We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
As part of its initiative to increase adoption of its online banking services and improve the user experience for existing customers, First Bank will offer new personal financial management tools and enhanced bill pay options through Corillian Online and CheckFree RXP.
The integration of Corillian Online with the SignatureTM bank platform already used by First Bank will provide customers with seamless access to information across all their accounts. Additionally, customers will have the ability to create detailed spending reports, which is especially important today as many consumers want to more closely manage their personal finances.
Through CheckFree RXP, First Bank customers will be able to receive electronic bills from any of the nearly 400 billing companies in the CheckFree network, and will be able to pay any business or individual.
Mobile Money from Fiserv will complement Corillian Online and CheckFree RXP, allowing the bank to easily reach their customers in the mobile channel. By delivering mobile banking and payment capabilities, First Bank can attract more customers and give existing customers more options to bank at their own convenience.
“Fiserv has provided account processing services to First Bank for more than 15 years, and we look forward to augmenting that technology with our online and mobile banking solutions,” said Erich Litch, senior vice president and general manager of Consumer Services, Electronic Banking Services, Fiserv. “By offering online and mobile banking from Fiserv, First Bank will be able to engage more frequently and deeply with their customers, encouraging them to make the bank their primary financial management destination and leading to stronger and more profitable relationships.”
In addition to account processing, Fiserv currently provides a number of other services to First Bank, including debit and ATM processing and risk management solutions.
About First Banks Inc.
First Banks had assets of $10.58 billion at December 31, 2009 and currently operates 184 branch banking offices in California, Florida, Illinois, Missouri and Texas. Through its subsidiary bank, First Bank, the Company offers a broad range of financial products and services to consumers, businesses and other institutions. Visit First Banks on the web atwww.firstbanks.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrated its 25th year in 2009. For more information, visit www.fiserv.com.
FISV-G

Contacts

Media Relations:

Ann S. Cave

Senior Public Relations Manager

Electronic Banking Services

Fiserv, Inc.

678-375-4039

ann.cave@fiserv.com

or

Additional Fiserv Contact:

Wade Coleman

Director, Public Relations

Fiserv, Inc.

678-375-1210

wade.coleman@fiserv.com

At A Glance











Fiserv, Inc.
Source: via Business Wire
Updated   08/18/2009   by company
Headquarters:Brookfield, Wisconsin
Website:http://www.fiserv.com
CEO:Jeff Yabuki
Employees:20,000
Ticker:FISV  (NASDAQ)
Revenues:$4.74 billion (2008)
Net Income:$569 million (2008)
Permalink: http://www.businesswire.com/news/home/20100324005342/en/Bank-Chooses-Corillian-Online-CheckFree-RXP-Mobile


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First Bank Selects Fiserv Suite



First Bank Chooses Corillian Online, CheckFree RXP and Mobile Money from Fiserv

Regional bank to offer user-friendly online banking, bill pay and mobile banking
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that First Bank, serving more than 200,000 households in five states, has selected Corillian® OnlineCheckFree® RXP® and Mobile MoneyTM to enable online and mobile banking services. Turning to a single trusted provider for banking technology will allow First Bank to quickly deliver comprehensive, user-friendly services to support the growing online and mobile channels.
“We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
“With the number of First Bank online banking households growing by 10 percent each year, and increasing interest in mobile banking, we felt this was the right time to invest in these channels,” said Timothy Cook, vice president, Internet Banking, First Bank. “We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
As part of its initiative to increase adoption of its online banking services and improve the user experience for existing customers, First Bank will offer new personal financial management tools and enhanced bill pay options through Corillian Online and CheckFree RXP.
The integration of Corillian Online with the SignatureTM bank platform already used by First Bank will provide customers with seamless access to information across all their accounts. Additionally, customers will have the ability to create detailed spending reports, which is especially important today as many consumers want to more closely manage their personal finances.
Through CheckFree RXP, First Bank customers will be able to receive electronic bills from any of the nearly 400 billing companies in the CheckFree network, and will be able to pay any business or individual.
Mobile Money from Fiserv will complement Corillian Online and CheckFree RXP, allowing the bank to easily reach their customers in the mobile channel. By delivering mobile banking and payment capabilities, First Bank can attract more customers and give existing customers more options to bank at their own convenience.
“Fiserv has provided account processing services to First Bank for more than 15 years, and we look forward to augmenting that technology with our online and mobile banking solutions,” said Erich Litch, senior vice president and general manager of Consumer Services, Electronic Banking Services, Fiserv. “By offering online and mobile banking from Fiserv, First Bank will be able to engage more frequently and deeply with their customers, encouraging them to make the bank their primary financial management destination and leading to stronger and more profitable relationships.”
In addition to account processing, Fiserv currently provides a number of other services to First Bank, including debit and ATM processing and risk management solutions.
About First Banks Inc.
First Banks had assets of $10.58 billion at December 31, 2009 and currently operates 184 branch banking offices in California, Florida, Illinois, Missouri and Texas. Through its subsidiary bank, First Bank, the Company offers a broad range of financial products and services to consumers, businesses and other institutions. Visit First Banks on the web atwww.firstbanks.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrated its 25th year in 2009. For more information, visit www.fiserv.com.
FISV-G

Contacts

Media Relations:

Ann S. Cave

Senior Public Relations Manager

Electronic Banking Services

Fiserv, Inc.

678-375-4039

ann.cave@fiserv.com

or

Additional Fiserv Contact:

Wade Coleman

Director, Public Relations

Fiserv, Inc.

678-375-1210

wade.coleman@fiserv.com

At A Glance











Fiserv, Inc.
Source: via Business Wire
Updated   08/18/2009   by company
Headquarters:Brookfield, Wisconsin
Website:http://www.fiserv.com
CEO:Jeff Yabuki
Employees:20,000
Ticker:FISV  (NASDAQ)
Revenues:$4.74 billion (2008)
Net Income:$569 million (2008)
Permalink: http://www.businesswire.com/news/home/20100324005342/en/Bank-Chooses-Corillian-Online-CheckFree-RXP-Mobile


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