BROOKFIELD, Wis., Feb 16, 2006 (BUSINESS WIRE) -- The ACCEL/Exchange Network, owned and operated by Fiserv, Inc. (Nasdaq:FISV) through its Fiserv EFT business unit, today announced record transaction volume and unprecedented membership and location growth in 2005. The Network, currently the nation's third-largest based on total transaction volume, grew its in-network transaction totals by 46 percent in 2005, signed 400 new members - including more than 210 credit unions - and added 60,000 ATMs and 200,000 point-of-sale (POS) locations during the past year. ACCEL/Exchange transactions are now enabled at more than 100,000 ATMs and 500,000 merchant locations throughout North America.

Year-over-year transaction totals were 410 million in 2005, up from 281 million in 2004. The Network's ATM transactions rose 27 percent to 52 million in 2005 from 41 million in 2004, and POS transaction activity increased 49 percent to 358 million in 2005 from 240 million in 2004.

"ACCEL/Exchange delivers everywhere, every-time convenience to consumers and significant economic value to financial institutions, ISOs and merchants," said Kevin Gregoire, executive vice president of Fiserv EFT. "Our new client and merchant signings are rapidly increasing the network's visibility, creating powerful momentum for us in the marketplace. The value inherent in the network has been unlocked for everyone in the payments stream. The ACCEL/Exchange message is out: we provide superior access, performance and value."

In addition to national ATM and point-of-sale access, the ACCEL/Exchange Network continues to expand its key services, including its Deposit Sharing program that enables cardholders to make deposits at participating member ATMs, and its NoSurcharge Alliance program that gives card holders access to surcharge-free ATMs.

"We saw 2005 as a banner year for ACCEL/Exchange," said Michael Williams, senior vice president of Fiserv EFT. "The Network is a leading provider of high-quality, high-value transaction processing services. Network consolidation has significantly narrowed the payments channels available to our marketplace. This consolidation has caused financial institutions, ISOs and merchants to take a new look at ACCEL/Exchange, and not surprisingly, they like what they see."

In addition to managing the ACCEL/Exchange Network, Fiserv EFT provides ATM and debit services to more than 2,700 financial institutions across the United States. The business unit operates more than 17,000 ATMs and currently processes approximately 435 million ATM and debit transactions per month, making it one of the largest electronic funds transfer (EFT) processors in the nation.

Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial and health benefits industries, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 17,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.7 billion in processing and services revenues for 2005. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 and 2005 FinTech 100 surveys by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.

SOURCE: Fiserv, Inc.

Fiserv EFT   
Kevin Gregoire, 973-682-5755    
or
Fiserv, Inc.  
Mike Muckian, 262-879-5667

Copyright Business Wire 2006

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