|[March 20, 2017]
PEP+: Same Day Settlement from Fiserv Named a Winner of PYMNTS.com 2017 Innovator Award
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that PEP+®: Same Day
Settlement from Fiserv has been selected as a Bronze winner of the
Innovator Awards in the NACHA Best Innovation in ACH category, from
a record-breaking number of nominees.
PEP+ enables financial institutions to offer same day ACH settlement as
a value-added service, providing an additional layer of qualification
for same-day ACH items. The solution gives financial institutions
greater management and control over item settlement, improving
operational efficiency via automated rules-based handling.
"Our clients rely on Fiserv to help them deliver innovative solutions
that move in step with the way people live today," said Pat Korb,
president, Financial & Risk Management Solutions, Fiserv. "PEP+ makes
ACH payment processing robust, automatic and efficient, and provides
financial institutons with a way to differentiate themselves in the
market by offering a valuable service to their customers."
Winners across 15 categories were announced at the PYMNTS Innovator
Awards Dinner, the closing ceremony of the two-day Innovation Project
2017. Dubbed the "Davos of Payments," the Innovation Project brings
together the most senior executives and thought leaders in payments,
commerce and retail each year for two days of closed door,
off-the-record discussions held at Annenberg Hall on the campus of
Harvard University in Cambridge, Massachusetts. Jeff Yabuki, President
and Chief Executive Officer, Fiserv, participated in a fireside chat
with PYMNTS.com CEO Karen Webster at the conference, the theme of which
was Betting on the Future: The Who, What, When and How.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at fiserv.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences that are in step with the way
people live and work today. For more than 30 years, Fiserv has been a
trusted leader in financial services technology, helping clients achieve
best-in-class results by driving quality and innovation in payments,
processing services, risk and compliance, customer and channel
management, and insights and optimization. Fiserv is a member of the
FORTUNE® 500 and has been named among the FORTUNE Magazine World's Most
Admired Companies® for four consecutive years, ranking first in its
category for innovation in 2016 and 2017. For more information, visit fiserv.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170320005883/en/
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