Fiserv Hosts Series of Risk Mitigation Seminars for Bankers

October 18, 2005
Fiserv Hosts Series of Risk Mitigation Seminars for BankersBROOKFIELD, Wis.--Oct. 18, 2005--Three Fiserv, Inc. (Nasdaq:FISV) businesses have teamed to host a series of risk mitigation seminars at sites across the country. Information Technology, Inc. (ITI), Precision Computer Systems (PCS) and Fiserv ITI Outsourcing will provide financial institutions with a focused, senior-level discussion of risk and compliance in a changing business environment.

"Bankers face new security threats almost daily and more pressure from examiners than ever before," said Norm Balthasar, Fiserv chief operating officer. "These seminars provide a valuable source of information as financial institutions look for more effective strategies and solutions."

Nearly 20 seminars will be held throughout the fourth quarter of 2005, bringing bankers, industry leaders, consultants and Fiserv banking technology specialists together in a "town hall" discussion format to learn more about solutions to combat account fraud, money laundering, identity theft, malicious attacks and more. The seminars also will offer the latest strategies to stay up-to-date with government regulations and security mandates.

Discussion topics will include the USA PATRIOT Act, Bank Secrecy Act, Sarbanes-Oxley Act and how the banking industry is addressing and managing these matters.

"While regulatory compliance and enterprise-wide risk mitigation efforts are certainly nothing new to the financial industry, governmental scrutiny and associated compliance burdens have increased dramatically," said Balthasar. "It's important that bankers take advantage of opportunities to educate themselves on how to better manage the challenges these issues bring."

ITI and PCS (a subsidiary of ITI) are providers of banking software and services, while Fiserv ITI Outsourcing provides support services for financial institutions through six regional data processing centers. All are part of the Fiserv ITI Division.

Dates, locations and registration for seminars east of the Mississippi River are at www.itiwnet.com/knowriske.htm. Seminars west of the Mississippi are at www.itiwnet.com/knowriskw.htm.

Fiserv, Inc. (Nasdaq:FISV) is a provider of 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 16,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.4 billion in processing and services revenues for 2004. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.