BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, has partnered with FCTI Inc., (FCTI), a nationwide
ATM network company, to provide transaction processing for nearly 8,000
ATM terminals at franchise- and corporate-owned 7-Eleven stores across
the United States.
Through the partnership, Fiserv will provide ATM device driving,
transaction authorization, network gateway access and switching and
settlement. Additionally, Fiserv will tailor its self-service tool to
meet the specific needs of these ATMs to enable FCTI to do self-terminal
"Next year, the ATM will celebrate its 50th anniversary,"
said Jayne Berthelsen, senior vice president, Product and Market
Development, Card Services, Fiserv. "For five decades, the ATM has been
at the forefront of the cardholder experience. People want to live their
lives without worrying about having access to the money they need. This
partnership increases the speed and accessibility of funds, enabling
people to manage finances and get cash with ease and convenience."
The conversion of all ATMs to the Fiserv platform is slated to begin in
July 2017. Components of the overall products solution include providing
priority routing of transactions over the Accel®
debit payments network to FCTI clients and the availability of CardFree
CashSM from Fiserv on FCTI ATMs - delivering an
immediate, cardless way to withdraw funds at thousands of additional ATM
"FCTI is committed to keeping our customers ahead of the latest
standards, trends and advances in technology by remaining on top of
market trends and performance," said Robel Gugsa, Co-CEO and Chief
Technology Officer, FCTI. "Our partnership with Fiserv is a prime
example of bringing this commitment to life."
Fiserv and FCTI are also working together to bring dynamic currency
conversion to ATMs, improving the cardholder experience by presenting
transaction withdrawals in the cardholder's home currency.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at TheSpeedofLife.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients to achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
business insights and optimization. For more than 30 years, Fiserv has
been a global leader in financial services technology. Fiserv is a
FORTUNE 500 company and this year was honored to be named a FORTUNE
magazine's World'sMost Admired Company for the third consecutive year.
In 2015 the company was recognized among Forbes magazine's America's
Best Employers. For more information, visit Fiserv.com.
About FCTI, Inc.
FCTI is a leading nationwide ATM Network and Service Provider. Since
1993, the nation's largest banks, retailers and hospitality brands have
relied on FCTI to grow their revenues with ATMs. With a focus on
customer service, FCTI enables companies to drive additional revenue
without upfront investment in hardware, ensuring a full-service approach
that reduces the cost and hassle associated with maintenance, cash
management and ATM compliance. Learn more at http://www.fcti.net.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160927006060/en/
Elizabeth McMillan, APR
Manager, Public Relations
Source: Fiserv, Inc.
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