Check 21 Banking Law to Take Effect.Fiserv Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Representatives Available to Discuss the "Reality" of Check Clearing Act
WHAT: Check 21--formerly known as the Check Clearing for the 21st
Century Act--will be enacted this week on October 28. This
federal act 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 banks.
-- What consumers can expect.
-- What banks, businesses and consumers should do now
that Check 21 will become a "reality."
WHO: Mark Damico, President, Fiserv Item Processing Group
Steve Ward, Executive Vice President, Fiserv Item Processing
Group
Ted Umhoefer, Senior Vice President, Fiserv Item Processing
Group
WHEN: Mark Damico, Steve Ward or Ted Umhoefer are available for
interviews, show segments or panel discussions to address
this new 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 FISV Fiserv, Inc (stock symbol) ) provides information management systems and services to the financial industry including transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and software and systems solutions. The company serves more than 15,000 clients, including banks, broker-dealers, credit unions, financial planners Financial Planner A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals. and investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin
Brookfield is a city in Waukesha County, Wisconsin, United States. The population was 38,649 at the 2000 census, but the city's population recently exceeded 40,000 people. , Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at www.fiserv.com. |
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