BROOKFIELD, Wis. (11/5/08)--Fiserv announced that it has acquired The Data Center (TDC) from Compass Bank. Details of the sale were undisclosed. Fiserv will acquire TDC’s assets, contracts, and employees. TDC was a licensee and reseller of the Fiserv ITI Premier core banking system and offers products and associated consulting services for banking functions. “This acquisition allows Fiserv to extend its core footprint and increase its ITI Outsourcing presence in the Texas marketplace through new expansion in the Dallas and Rio Grande Valley areas,” said Mike Young, Fiserv Bank and Thrift Division president. Compass Bank is based in Grapevine, Texas. Fiserv provides information management and electronic commerce-systems services to financial institutions, including credit unions.
TALLAHASSEE, Fla. (11/5/08)--Credit Union 24, an ATM and point-of-sale network for credit unions, is working with ATM operator Cardtronics on an ATM branding program to expand credit unions’ market presence. The program will allow credit unions to brand ATMs by placing their logos, signage and transaction-screen messages on them. “ATM branding is a cost-effective tool for reinforcing the credit union message to prospective members while reminding current members that they’ve made the right choice,” said CU24 President/CEO Jim Park. CU 24 has more than 100,000 ATM terminals nationwide. Cardtronics has 33,000 ATMs in the U.S., with 2,500 ATMs in the United Kingdom and 1,800 ATMs in Mexico.