Fiserv — Capture Deposits From Any Location

Used with permission from Transaction Directory. For more information, visit www.transactiondirectory.com.

Fiserv, Inc. a leading provider of information technology services to the financial and insurance industries, anounced its Source Capture Optimization approach to offer financial institutions the ability to enhance functionality of all sources of deposit gathering. This includes branch, teller, ATM, merchant, regional and consumer capture solutions.

"Banks today are taking deposits from a multitude of sources," said Christine Barry, research director, Aite Group. "Providing a universal platform would allow those sources to integrate seamlessly, creating a simplified, one stop shop for capture while lowering the total cost of ownership."

Through this approach, Fiserv will offer clients the opportunity to leverage an integrated source capture platform that combines CheckFree thin-client technology --a web-based application in which software is not loaded on the client's computers -- with existing Fiserv image capture solutions to enable consistent functionality for all deployment models including inhouse, outsourced and ASP.

Fiserv CBS, Fiserv Credit Unions, Fiserv ITI, Fiserv VISION, BANKLINK, and Fiserv Item Processing solutions will all integrate with the CheckFree solution so all Fiserv clients will be able to take full advantage of this increased value within their current environments.

"As part of the integration of CheckFree we have enhanced our ability to bring leading solutions to the market by leveraging the resources of our entire organization," said Jeffery Yabuki, President and Chief Executive Officer, Fiserv, Inc. "Source Capture Optimization is our approach to delivering our expertise – both technology and intellectual property- which integrates all sources of deposit capture."