Fiserv VISION Virtual Meetings Attract Record Attendance
Brookfield, Wis., June 12, 2008 — Fiserv VISION, a business unit of Fiserv, Inc. (NASDAQ: FISV), recently conducted a series of virtual meetings on changes to the Fair and Accurate Credit Transactions Act (FACT Act) amendments to the Fair Credit Reporting Act. A major component of these changes has come to be known as the Red Flags Rule, which requires fi nancial institutions to implement an Identity Theft Program. Nearly 300 representatives from the Fiserv VISION client base participated in the sessions held in early June.
The Fed's new Red Flag laws require fi nancial institutions to take action to prevent, detect, and mitigate identity theft for all of their customers. Representatives from Fiserv VISION and Fiserv's Integrated Risk Management Group reviewed what the Red Flag Rule entails, and provided strategies fi nancial institutions can deploy to protect their customers and comply with the rule changes, which is mandatory as of November 1, 2008.
Fiserv VISION hosts several virtual meetings on a wide variety of topics throughout the year. These informative webcasts are an effective communication vehicle through which Fiserv VISION can provide education on industry trends, introduce new products and services and assist clients in complying with the latest regulatory requirements. Fiserv VISION clients appreciate the fact that no travel is required and an unlimited number of people from the same organization can benefi t from hearing the same message at the same time. Multiple sessions are held to accommodate the schedules of Fiserv VISION clients across the country.
About Fiserv VISION
Fiserv VISION provides community and commercial banks with a complete online banking solution, risk management, payments, and internet banking services. Fiserv VISION serves fi nancial institutions nationwide, ranging in size from de novo organizations to those with more than $10 billion in assets. Headquartered in Brookfi eld, Wis., Fiserv VISION also has offi ces in Glastonbury, Conn., Tampa and Orlando, Fla.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the fi nancial 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 Brookfi eld, 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 fi nancial 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.fi serv.com.
For more information contact:
Karen Veling
Senior Vice President, Marketing & Sales Support
Fiserv VISION
262-879-5017
Karen.veling@fiserv.com