Business Services Industry

Electronic Check Clearing Rules Scheduled to Be Published; Fiserv Representatives Available to Discuss Implications of Check 21

Business Wire, July 27, 2004

WHAT: The Check Clearing for the 21st Century Act, also known as Check
      21, will be enacted on October 28.  The Fed's rules or language
      guiding this act are scheduled to be released on July 28.  Check
      21 will have significant implications for banks, financial
      services companies, businesses and consumers.

      Expert resources from Fiserv Inc. - the nation's largest
      third-party processor of checks - are available to address:

      --  The basics of check imaging.

      --  The overall benefits of Check 21.

      --  What Check 21 will mean for businesses and consumers.

      --  What banks, businesses and consumers should do to prepare
          for Check 21.

WHO:  Mark Damico, President, Fiserv Item Processing Group
      Steve Ward, Executive Vice President, Fiserv Item Processing
      Group

WHEN: Mark Damico or Steve Ward are available for interviews, show
      segments or panel discussions to address the upcoming federal
      law. To schedule with them, please contact Chuck Doherty,
      (262) 879-5966, Chuck.Doherty@Fiserv.com; or Melissa Quinn,
      (952) 851-7242, mquinn@tunheim.com

Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial industry including transaction processing, business process outsourcing and software and systems solutions. The company serves more than 15,000 clients, including banks, broker-dealers, credit unions, financial planners and investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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