BROOKFIELD, Wis., Mar 06, 2006 (BUSINESS WIRE) -- Fiserv, Inc. (Nasdaq:FISV) said its Fiserv EFT business unit processed record-setting electronic funds transfer (EFT) transaction volume for 2005, including best-ever monthly volume in December. The results capped another exceptional year for Fiserv EFT, an ATM and point-of-sale processing business that ranks as one of the industry's largest providers of electronic funds transfer services.

For the full year, Fiserv EFT reported total volume of 4.75 billion transactions, a 13 percent increase over 2004 volume. For the month of December 2005, Fiserv EFT's transaction volume was a single-month record 439 million transactions, a year-over-year increase of 14 percent from December 2004. Fiserv EFT's volume was a significant portion of the total 6.2 billion electronic, ATM and point-of-sale transactions conducted by all Fiserv business units in 2005.

"Fiserv EFT's core competency is providing outstanding transaction processing services to all touchpoints in the payments chain," said Grant Christenson, chief executive officer of Fiserv EFT. "Record transaction numbers are obviously a wonderful performance barometer, but the most fundamental aspect of our growth continues to be a high and sustained level of new contract signings and renewals. Our clients' confidence and trust are driving us to new service delivery heights."

Fiserv EFT currently serves a total of 2,700 financial institutions across the United States. The business unit also operates more than 17,000 ATMs and owns the ACCEL/Exchange Network.

"New product introductions are contributing to our increased processing volume," said Kevin Gregoire, executive vice president of Fiserv EFT. "Our product pipeline is focused and full, and in 2006 we'll be rolling out additional value-add payment services and analytical tools that will help our clients continue to grow their business. We believe our combination of leading products and outstanding customer service is a catalyst for continued growth."

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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