-
Fiserv honored for depth and breadth of its customer base for
anti-money laundering and fraud prevention solutions
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that it has won the XCelent
Customer Base award from Celent, one of the leading advisory and
research firms for the global financial services market. Fiserv was
recognized for the depth and breadth of its customer base, which
includes more than 750 financial institutions that rely on the company
for anti-money laundering (AML) and fraud prevention solutions.
Celent profiled 22 financial crime solution providers in its recently
released report, 2012 Evaluating the Enterprise-Wide Compliance
Vendors: Solutions for Anti-Money Laundering and Anti-Fraud. In the
report, Celent examined AML and anti-fraud solutions that support
the compliance process end-to-end, from onboarding/customer due
diligence and watch list filtering, to transaction monitoring
/behavioral analysis, through to case management and reporting/audit.
The Customer Base category, in which Fiserv was a leader, was judged on
three criteria: number of live customers for AML; number of live
customers for anti-fraud; and the number of global macro-regions with
live clients.
"A range of financial institutions — including banks, insurance
companies, wealth managers, and P2P payments providers — are moving
toward an enterprise-wide approach to risk by consolidating their AML
and anti-fraud efforts," said Neil Katkov, Ph.D., senior vice president,
Asia for Celent and coauthor of the report. "Fiserv is a leader in the
Customer Base award because of the number of clients worldwide that rely
on the company's financial AML and fraud prevention solutions."
"We are honored to win the coveted XCelent award for our Financial Crime
Risk Management solution portfolio," said Mike Urban, director,
Financial Crime Risk Management Solutions, Fiserv. "We are committed to
developing smarter software to help our clients more effectively
mitigate their fraud risk, prevent fraud losses and comply with an
ever-evolving regulatory environment."
Financial Crime Risk Management solutions from Fiserv provide fraud
detection and anti-money laundering software for financial institutions,
delivering risk protection across disparate fraud types and anti-money
laundering silos.
Additional Resources:
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.
(FISV-G)
Media Relations:
Julie Nixon
Senior Public Relations
Manager
Fiserv, Inc.
678-375-3744
julie.nixon@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
News Provided by Acquire Media