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TOM SAKASHSTAFF NEWSWRITER

Products Archive

Products

SBAAgility offer fourth free Webinar

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WASHINGTON (9/26/11)--In the fourth of four weekly webinars offered by the U.S. Small Business Administration and Agility Recovery Solutions during National Preparedness Month, three business owners who faced losses of property and income after a disaster will share what they learned at 2 p.m. (ET) Wednesday. Bank vice president Scott Jenkins, insurance company president Terry Flood, and Joel Simpson, vice president of a plastics and glass supplier, will described how their companies recovered from losses caused, respectively, by a tornado, water damages from a burst pipe, and flooding. The three will also offer tips on how to protect themselves and their bottom line, based on their own experiences. Agility Recovery is a CUNA Strategic Services provider. SBA has partnered with Agility to offer business continuity strategies for entrepreneurs through the “PrepareMyBusiness” website. Webinars on business and community preparedness and a discussion on best practices hosted by business owners who recovered from recent disasters will be held on Wednesdays during the month.

Fiserv Wells Fargo offer wire transfer solution

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BROOKFIELD, Wis. (9/26/11)--Fiserv, a provider of financial services technology solutions, and Wells Fargo & Co., a provider of foreign exchange services, are delivering advanced foreign currency exchange capabilities through Fiserv’s WireXchange, automated solution for completing end-to-end wire transfers. WireXchange wire transfer capabilities are tightly integrated with Fiserv account processing solutions. The interface with Wells Fargo provides financial institutions with the added convenience to initiate foreign exchange transactions, Fiserv said. WireXchange eliminates manual processes and includes one-time data entry, end-to-end wire transfer processing and automated Office of Foreign Assets Control compliance--with single-step transfers for foreign-exchange transactions. “At Fiserv, we continually seek out opportunities to enhance our products and services and provide practical technology tools to support our clients’ day-to-day business operations,” said Dave Selina, Fiserv segment executive. “As the demand for payments in foreign currency increases, financial institutions need solutions to serve that need in a streamlined, cost-efficient way. With this solution, our clients will experience cost savings and operational efficiencies, potentially find new revenue sources, and gain competitive advantages.”