Fiserv Vice President Terence Sheahan to Speak at BAI/ECCHO CheckImage Conference
Fiserv Vice President Terence Sheahan to Speak at BAI/ECCHO CheckImage Conference
September 26, 2005
Fiserv Vice President Terence Sheahan to Speak at BAI/ECCHO CheckImage ConferenceORLANDO, Fla.--Sept. 26, 2005--Fiserv, Inc. (Nasdaq:FISV) announced that Terence Sheahan, vice president of business development for Fiserv Item Processing Services, will speak at the 10th Annual CheckImage Conference, co-sponsored by the Bank Administration Institute (BAI) and the Electronic Check Clearinghouse Organization (ECCHO). Sheahan is one of several speakers discussing the role technology aggregators play in helping banks fulfill the promise of Check 21 legislation.
Aggregators provide a gateway enabling electronic transfer of check images among financial institutions nationwide. Increased cooperation among firms like Fiserv that provide such services will allow institutions to take greater advantages of common frameworks that support image exchange, Sheahan said.
"Check 21 legislation provides banks the opportunity to evolve their payments processes," said Sheahan. "Banks must understand their options to participate under Check 21 and the benefits of working with technology providers like Fiserv. Helping banks better communicate, cooperate and leverage the resources of providers like Fiserv is the focus of this session."
The conference runs from Sept. 26-28 at the Portofino Bay Hotel at Universal Studios in Orlando, Fla.
Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial and health benefits industries, including transaction processing, business process outsourcing and software and systems solutions. The company serves more than 16,000 clients worldwide, including banks, credit unions, financial planners and investment advisers, insurance companies and agents, self-funded 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.
Aggregators provide a gateway enabling electronic transfer of check images among financial institutions nationwide. Increased cooperation among firms like Fiserv that provide such services will allow institutions to take greater advantages of common frameworks that support image exchange, Sheahan said.
"Check 21 legislation provides banks the opportunity to evolve their payments processes," said Sheahan. "Banks must understand their options to participate under Check 21 and the benefits of working with technology providers like Fiserv. Helping banks better communicate, cooperate and leverage the resources of providers like Fiserv is the focus of this session."
The conference runs from Sept. 26-28 at the Portofino Bay Hotel at Universal Studios in Orlando, Fla.
Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial and health benefits industries, including transaction processing, business process outsourcing and software and systems solutions. The company serves more than 16,000 clients worldwide, including banks, credit unions, financial planners and investment advisers, insurance companies and agents, self-funded 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.