$FISV (Fiserv, Inc.)

$FISV {{ '2016-01-11T14:10:12+0000' | timeago}} • Announcement

Financial services technology provider $FISV said it has appointed Michael O'Laughlin as President of its Biller Solutions business. In this role, O'Laughlin will provide strategic and operating oversight for the business and be responsible for growing $FISV payments leadership in this important segment.

$FISV {{ '2017-09-19T14:17:00+0000' | timeago}} • Announcement

$FISV announced that Amplify Credit Union has selected $FISV for its member-centric technology strategy. Amplify will convert from its current core provider to DNA from Fiserv. The credit union will use these features, along with the platform's lending capabilities, to progress its commercial and small business service and real estate lending arms.

$FISV {{ '2017-09-15T15:14:46+0000' | timeago}} • Announcement

$FISV named Mark Paulek as the Chief Human Resources Officer, effective September 18, 2017. He succeeds Kevin Pennington, who is transitioning to a new role after five years as Chief Human Resources Officer.

$FISV {{ '2017-09-13T14:15:11+0000' | timeago}} • Announcement

$FISV announced the launch of Prologue Credit Loss Manager, which provides support for the final Current Expected Credit Loss (CECL) standards from the Financial Accounting Standards Board. Prologue Credit Loss Manager provides financial institutions with a broad range of information required to measure credit losses.

$FISV {{ '2017-08-21T13:09:46+0000' | timeago}} • Announcement

$FISV acquired UK-based vendor Dovetail. The acquisition of Dovetail's real-time payments platform enables $FISV to help financial institutions transform their payments infrastructure to meet the evolving needs of wholesale, commercial and retail customers.

$FISV {{ '2017-08-15T13:51:32+0000' | timeago}} • Announcement

Financial service solutions provider $FISV said it was selected as a technology partner by credit union SEFCU, to help drive the latter’s member-centric growth strategy and deliver greater efficiencies. SEFCU will use Fiserv’s DNA platform to transform itself from an in-house to an on-demand delivery model.

$FISV {{ '2017-08-01T19:43:39+0000' | timeago}} • Announcement

$FISV, a provider of financial services technology solutions, has acquired the assets of PCLender, LLC, a next generation  enterprise internet-based mortgage software and mortgage lending technology solutions. This purchase will enhance the Fiserv suite of mortgage origination services. Financial terms were not disclosed.

$FISV {{ '2017-07-10T13:22:45+0000' | timeago}} • Announcement

$FISV, a provider of  investment service solutions, is integrating digital retirement platform Vestwell into its Unified Wealth Platform. The integration will enable financial advisors to access retirement planning and wealth management tools on a single platform. As part of the deal, Westwell will also join Fiserv’s wealth management network.

$FISV {{ '2017-06-15T13:28:04+0000' | timeago}} • Announcement

Financial services technology provider $FISV has been selected by investment advisor Capital Wealth Planning to support its growth initiatives. Under the deal, Finserv will provide easy-to-use technology that would allow Capital Wealth operate efficiently and boost growth through a portfolio accounting and trading platform.

$FISV {{ '2017-06-13T10:59:55+0000' | timeago}} • Announcement

Financial services technology provider $FISV said it has reached an agreement on the terms of a recommended cash offer to acquire $MONI. The deal is expected to accelerate Fiserv's digital strategy and development of the latest digital banking platform. The transaction is expected to close in 3Q17.

$FISV {{ '2017-06-06T14:44:05+0000' | timeago}} • Announcement

$FISV said BDO Unibank, the largest bank in the Philippines, has extended and expanded its relationship with $FISV. BDO Unibank operates in an increasingly competitive market and needs a flexible technology platform that allows new capabilities to be delivered quickly.

$QLYS {{ '2017-05-02T15:35:37+0000' | timeago}} • Announcement

$QLYS, a provider of cloud-based security and compliance solutions, has appointed Mark Butler, a former $FISV executive, as Chief Information Security Officer.

$FISV {{ '2017-04-26T21:39:32+0000' | timeago}} • Webcast

$FISV saw a 30% YoY growth in sales performance during 1Q17, mainly driven by its credit union business. The company said it will take a normal cycle period of about 9 to 15 month to convert the new sales into revenue.

$FISV {{ '2017-04-26T20:33:10+0000' | timeago}} • Announcement

$FISV expects 2017 internal revenue growth of 4-5%. Adjusted EPS is expected to be $5.03-5.17, which represents growth of 14-17% over 2016.

$FISV {{ '2017-04-26T20:30:54+0000' | timeago}} • Announcement

$FISV reported a decrease in 1Q17 earnings. Net income was $247MM or $1.13 per share compared to $289MM or $1.27 per share in 1Q16. Revenue increased 5% to $1.39Bil, driven by 6% growth in the Payments segment and 4% growth in the Financial segment compared to 1Q16.

$FISV {{ '2017-04-10T14:16:22+0000' | timeago}} • Announcement

Fintech company $FISV signed a long-term service renewal with MB Financial Bank, a unit of $MBFI. The bank is recommitting following the successful conversion of two acquisitions to its Fiserv account processing platform in the last three years. The bank has also signed a deal for its electronic bill payment  and content management capabilities.

$FISV {{ '2017-02-09T19:35:18+0000' | timeago}} • Announcement

$FISV said Salem Five, a Massachusetts-based bank, has selected the company as a new technology partner to advance its digital focus and enhance its business banking capabilities. The bank will implement the DNA account processing platform from $FISV along with a range of digital banking, payments, and cash management solutions.

$EFX {{ '2017-02-09T15:39:43+0000' | timeago}} • Webcast

$EFX said it will further its presence in the industry during 2017 through the partnership with $FISV. Recently, the company partnered with $FISV to integrate its Employment and Income Verification Services into $FISV's Automotive Loan Origination System.

$FISV {{ '2017-02-08T23:27:00+0000' | timeago}} • Webcast

Given the natural ramp of new revenue and the number of larger sales transactions, $FISV expects 1Q to be the low revenue growth point of year. 2017 internal revenue growth rate will be higher in 2H17. The company expects revenue growth expansion to be back on track for 2017.

$FISV {{ '2017-02-08T23:18:40+0000' | timeago}} • Webcast

$FISV realized operational effectiveness savings of $64MM in FY16, exceeding the $40MM target for the year. Operational effectiveness target for 2017 is $60MM. For 2017, $FISV expects clients to focus their spend on a broad combination of digital services, risk management and particularly in cyber.

$FISV {{ '2017-02-08T23:04:15+0000' | timeago}} • Webcast

Earlier this week, $FISV agreed to sell its Australian item processing business to Genpact. This business is part of $FISV's international operations and represents less than 0.5% of $FISV's annual revenue. The financial impact of this business is incorporated in 2017 guidance.

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