Key Developments For Fiserv, Inc.
Fiserv, Inc. (FISV.O) (Nasdaq)
Tesco Bank Selects Fiserv, Inc. Platform
Fiserv, Inc. announced that Tesco Bank has selected the Company and the Signature bank platform to provide its core banking solution. Tesco Bank is developing new products and services and needs to build the systems and infrastructure platforms to help provide these services.
AltiGen Communications, Inc. Expands Distribution Agreement With Fiserv, Inc
AltiGen Communications, Inc. announced that Fiserv, Inc. is expanding its distribution agreement for AltiGen Unified Communications solutions from its credit union customers to now include its banking customers. Through its ConvergeIT group, Fiserv has been selling the AltiGen Unified Communications solution to its credit union customers, marketed under the name of the ConvergeIT telephony suite. With more than 250 credit union customers having already successfully deployed the AltiGen solution, the ConvergeIT telephony suite will now also be sold to Fiserv banking customers.
Fiserv, Inc. Narrows FY 2009 EPS Guidance; Comments On Q4 2009 Adjusted Internal Revenue Growth Guidance
Fiserv, Inc. announced that it expects its fiscal 2009 adjusted earnings per share (EPS) from continuing operations to be within a narrowed range of $3.63-$3.68. The Company expects adjusted internal revenue growth in the fourth quarter to be in a range of 0% to 2%. According to Reuters Estimates, analysts were expecting the Company to report EPS of $3.67 for fiscal 2009; revenue of $1.084 billion for the fourth quarter of 2009.
Fiserv, Inc. To Sell Loan Fulfillment Solutions Business
Fiserv, Inc. announced that it has signed a definitive agreement to sell its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc., a subsidiary of ISGN Corporation based in Bensalem, Pa. The transaction is expected to close within 30 days. Financial terms of the transaction were not disclosed.
Navy Army Federal Credit Union Selects Fiserv, Inc. As Technology Provider
Fiserv, Inc. announced that Navy Army Federal Credit Union in Corpus Christi, Tex., has renewed its contract for account processing with Fiserv.
