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
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
1 Day ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
1 Day ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
1 Day ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
1 Day ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
1 Day ago