Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Fiserv looking to international market for growth
BROOKFIELD, Wis. (5/5/09)--International markets could offer Fiserv Inc. more chances to grow, according to Fiserv President/CEO Jeffrey W. Yabuki. On a conference call last week, Yabuki noted that his company is looking to increase organic growth and indicated that it could seek more acquisitions because the market is saturated (American Banker May 4). Fiserv also is hoping to benefit on Fidelity National Information Service’s acquisition of Metavante Technologies, which is set to close next quarter, Yabuki said. Given today’s competitive landscape, Fiserv had expected that people would ‘come together’ to try and emulate what Fiserv has done, he added. Fiserv bought CheckFree Corp. of Atlanta a year and a half ago. Last week’s conference call focused on Fiserv’s first-quarter earnings, which dropped 69% to $103 million. Revenue dropped 20% to $1.04 billion.


RSS print
News Now LiveWire
Social media use helps CUs establish credibility/authenticity says Amaia Stecker, @CUNA sr. social media media mangr. http://t.co/wWAPeDe7UW
1 hours ago
#creditunion affinity card programs make the grade for schools See #NewsNow http://t.co/TThZIvMRTO
14 hours ago
Home-price appreciation softens further in July #NewsNow #Market http://t.co/0MXVy9sby0
16 hours ago
.@ChartwayFCU charitable arm, the We Promise Foundation, has reached the $1M fundraising milestone in a single year for the first time
17 hours ago
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
18 hours ago