BROOKFIELD, Wis., Aug 12, 2008 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, today announced that long-time Fiserv client, Bremer Bank, a regional financial services company jointly owned by its employees and the Otto Bremer Foundation, selected CheckFree Small Business(SM), as part of a strategic initiative to enhance the online user experience for its business customers. Bremer Bank, with assets of $7.5 billion, selected Fiserv's CheckFree Small Business to provide an online bill-payment service tailored to the needs of business customers.

Bremer Bank has been a Fiserv customer since 1986, when it licensed the Premier(R) banking software suite from Fiserv business unit, Information Technology, Inc. (ITI). Fiserv ITI provides Bremer with a wide variety of software and services, including core account management, new account and business process management, business Internet banking and treasury management, business intelligence, compliance, imaging and content management solutions. Starting in 1998, IPS-Sendero, another Fiserv business unit, began providing Bremer with systems for asset/liability management, funds transfer pricing and data management. In September 2007, Bremer implemented the Corillian consumer online banking platform, from Fiserv business unit Corillian, along with Personal Money Manager(TM) and Payments Warehouse(TM).

"By integrating CheckFree Small Business into our platform of online solutions, we can offer a comprehensive suite of online financial services that will greatly benefit our business clients," said David J. Whitaker, vice president and eCommerce channel manager at Bremer Financial Services. "In particular, CheckFree Small Business provides a valuable tool to help clients efficiently manage their accounts payable process, saving them both time and money. The service is uniquely tailored to our clients' business needs in an easy-to-use environment that streamlines payment tasks. Ultimately, this provides Bremer strong differentiation and competitive advantage."

The CheckFree Small Business platform is designed to enable Bremer to provide business customers with a robust user experience that simplifies enrollment and bill-payment processes, while increasing business adoption of online services and multiplying cross-selling opportunities.

Due to Bremer Bank's strategic initiatives with online banking, Celent, a research and advisory firm, recognized Bremer Bank in a March 2008 report as a model bank based on its strong retail online banking platform.

"Bremer has established a strong leadership position in online financial services and has been a longtime valued partner with us," said Todd Lesher, division president, Fiserv Electronic Banking Services. "The bank recognizes the value of providing an optimal user experience for both its business and consumer customers. We are excited about working with them to help increase loyalty, satisfaction and overall profitability for both business and consumer customers alike."

About Bremer Bank

Bremer Financial Corporation is a privately held, $7.5 billion regional financial services company jointly owned by its employees and the Otto Bremer Foundation. This unique ownership structure is the only one of its kind in the nation. Founded in 1943 by Otto Bremer, the company is headquartered in St. Paul, Minnesota and provides a comprehensive range of banking, investment, trust and insurance services to more than 100 locations in Minnesota, North Dakota and Wisconsin. Company profits are distributed in the form of charitable grants by the Otto Bremer Foundation to communities served by Bremer. In 2007, more than $30 million in charitable donations were given across the Bremer footprint and employees donated more than 92,900 volunteer hours to their communities.

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007. For more information, please visit www.fiserv.com.

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SOURCE: Fiserv, Inc.

Fiserv, Inc.
Lori Stafford-Thomas
Assistant Vice President Corp. External Comm.
262-879-5130
lori.stafford@fiserv.com
or
Additional Fiserv Contact:
Sheryl Roehl
Director, Public Relations
678-375-1682
saroehl@checkfree.com

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