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Fiserv EFT, FedComp team to work with credit unions
November 26, 2007
BROOKFIELD, Wis. - Fiserv EFT, a business unit of Fiserv Inc., and ad FedComp Inc., a provider of core-data processing software and systems to some 1,300 credit unions, are forming a non-exclusive partnership to provide credit unions with access to Fiserv EFT'sATM and debit products and services.
"As a core provider, we're constantly looking to align ourselves with leading credit union services partners that can deliver the solutions our clients need to compete effectively in their markets," said Jim Jessee, director of operations of FedComp. "Our relationship with Fiserv does just that. It ensures our credit union clients have access to a complete set of leading and cost-effective ATM and debit transaction solutions."
Fiserv owns the Accel/Exchange Network, operates 18,000 ATMs, and processes approximately 470 million ATM and debit transactions per month, making it one of the largest electronic EFT processors in the nation.
"Fiserv strives to deliver best-in-class solutions that are highly effective for a wide range of institutions, said Kevin Gregoire, president of Fiserv EFT. "Our partnership with FedComp enables us to expand the reach of our industry-leading EFT capabilities, applying our expertise to serve the needs of the broader credit union market."
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