Accounting and Financial Software
Fiserv Integrates ACCEL/Exchange and Prepaid Solutions to Deliver Next-Generation Prepaid Services
o Fiserv adds program management and support for open-loop and general purpose
reloadable prepaid cards
o Solution provides integrated reload capabilities at branches and in real-time at
ACCEL/Exchange ATMs and POS terminals
o ACCEL/Exchange Scorecard integration enables FIs to track performance and
optimize results of card and prepaid programs.
Brookfield, Wis., November 2, 2011 - Fiserv, Inc. (NASDAQ: FISV), a leading global
provider of financial services technology solutions, announced today that it has integrated
its ACCEL/Exchange® payments network with Prepaid Solutions from Fiserv, enabling
financial institutions across the country to more effectively deliver prepaid products to their
customers, and target new segments.
Prepaid cards are growing in popularity, especially general purpose reloadable cards. As
prepaid cards are particularly popular with younger consumers, as well as the unbanked and
underbanked, financial institutions need quick-to-market solutions that offer differentiated
payment alternatives to serve these segments. Fiserv has integrated two of its marketleading
platforms - ACCEL/Exchange and Prepaid Solutions - to meet this need.
As a result of this integration, Fiserv clients will be able to quickly develop and implement a
prepaid card program. Program cardholders will benefit from expanded reload capabilities,
including in-branch at the financial institution that issued the card, in real-time at
participating ACCEL/Exchange ATMs and via Remote Deposit Capture (RDC). Financial
institutions may select from a variety of program features to craft solutions tailored to their
business needs. Prepaid issuers will benefit from the ACCEL/Exchange Scorecard, a tool
already used by thousands of financial institutions to efficiently track and optimize the
performance of their program against benchmarked expectations.
"The seamless integration of Prepaid Solutions and ACCEL/Exchange makes it easier than
ever for financial institutions to quickly provide prepaid programs to address market needs,"
said David Keenan, general manager, ACCEL/Exchange, Fiserv.
"The remarkable growth in prepaid card demand necessitates more powerful, flexible
solutions," said Phil Valvardi, general manager, Prepaid Solutions, Fiserv. "By leveraging
two strong assets, Fiserv continues its tradition of delivering innovative and secure
solutions for cardholders while improving the performance of payment programs for
financial institutions of all sizes."
For more information on the ACCEL/Exchange payments network, please visit
http://www.accelexchange.com/
For more information on Prepaid Solutions from Fiserv, please visit
http://www.cardsolutions.fiserv.com/
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial
services industry. Fiserv is driving innovation in payments, processing services, risk and
compliance, customer and channel management, and business insights and optimization.
For six of the past eight years, Fiserv ranked No. 1 on the FinTech 100, an annual
international listing of the top technology providers to the financial services industry. For
more information, visit www.fiserv.com.
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