• bpost implements AML Manager from Fiserv to monitor for suspicious payment transactions
• AML Manager drives down operational risk by combining behavioral profiling and rules management

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that bpost, the Belgian national postal operator has successfully implemented AML Manager for its international and domestic money transfers. By using AML Manager from Fiserv, bpost will benefit from automated transaction monitoring and intelligent detection tools to help them with the investigation and reporting of suspicious money-laundering activity.

"By improving hit rates, reducing false positives and minimizing investigation cycles, the solution will enable our staff to focus on addressing more high risk activities," said Rony Monnaie, director of Compliance, Integrity and Risk Management, bpost. "The project has been delivered on-time and on-budget and the success of this implementation, coupled with the strength of the Fiserv team, has laid the groundwork for future collaborations."

Fiserv was selected after an in-depth European competitive tender and a successful three month proof of concept. The implementation was completed in under a year and is currently used by bpost's compliance and operations team in Belgium.

"Growing regulation, increasing fines and the potential for reputational risk, means that financial institutions and corporations must be rigorous in putting stringent tools in place to monitor for suspicious transactions," said Mike Urban, product portfolio manager, Risk and Compliance, Fiserv. "To keep ahead of the most advanced criminals, organizations need to look for intelligent monitoring solutions that not only look at thresholds, but also adapt over time for better decision making based on historical activity, trends and behavioral patterns."

AML Manager from Fiserv is part of the company's Financial Crime Risk Management platform which in 2011 was ranked as "Best-in-Class" in Aite Group's "Global Anti-Money Laundering Vendor Evaluation." As a core competency of the company, Fiserv offers a unique breadth of Risk and Compliance solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organization. Solution areas include financial crime risk management, financial risk management, financial performance management and financial control solutions.

About bpost

bpost is the leading postal operator in Belgium, marketing a wide range of products and services on mail and related markets. bpost's core business is collecting, sorting, transporting and delivering letters and parcels. Every day bpost staff handles twelve million mail items and drop by every single letterbox in Belgium.

bpost also develops activities responding to the interaction between electronic communication and mail. bpost and its subsidiaries provide solutions in document management, certified electronic communication, international added value services and more.

Services are provided to businesses under the name bpost business. International activities are operated under the name bpost international.

Bank van De Post/Banque de La Poste, a joint venture of bpost and BNP Paribas Fortis, markets a range of banking and insurance products.

The Belgian State holds 50% + 1 share of bpost. The remaining shares are held by CVC Capital Partners.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry. Fiserv is driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For six of the past eight years, Fiserv ranked No. 1 on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. For more information, visit www.fiserv.com.

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Media Relations:
Julie Nixon
Senior PR Manager
Fiserv, Inc.
+1 678-375-3744
julie.nixon@fiserv.com
or
Additional Contact:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
+1 678-375-1210
wade.coleman@fiserv.com

Source: Fiserv, Inc.

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