Showing posts with label Fiserv. Show all posts
Showing posts with label Fiserv. Show all posts

PhoneFactor and Fiserv Partner for Phone-Based Multi-Factor Authentication



New Option for Secure User Authentication Will Be Available Through the Corillian Online Banking Solution From Fiserv

OVERLAND PARK, KS, May 26, 2010 (MARKETWIRE via COMTEX) -- PhoneFactor, Inc., the leading global provider of out-of-band authentication services, today announced that it has partnered with Fiserv, Inc. (FISV 47.34, +0.51, +1.09%) to provide phone-based user authentication through the Corillian(R) Online banking solution. The new phone-based authentication option will be integrated into Intelligent Authentication(TM) from Fiserv, a strong multi-factor user authentication tool that is available to financial institutions that use Corillian Online. Intelligent Authentication allows financial institutions to offer both passive and active user authentication options in addition to a traditional user name and password, reducing the risk of fraud and identity theft in the online channel.
Fiserv, the leading global provider of financial services technology solutions, provides online banking and bill payment services to thousands of financial institutions, including 25 of the top 50 financial institutions in the United States.
"Financial institutions are actively seeking to minimize risk for their organization and their customers," said Geoff Knapp, vice president, Online Banking and Consumer Insights, Fiserv. "Our partnership with PhoneFactor will enable financial institutions that use Corillian Online and Intelligent Authentication to provide their account holders with a phone-based authentication option, giving them another tool to protect themselves against fraud."
PhoneFactor will provide Fiserv clients with integrated multi-factor authentication services, including user authentication and transaction verification services. PhoneFactor works by placing an automated call to the online banking user during login. The user simply answers the call and presses # (or enters a PIN) on the phone keypad to complete the login. In addition to ensuring that the legitimate user is logging in, PhoneFactor can verify specific online transactions, protecting against man-in-the-middle attacks from malware like Clampi and ZeuS, all through an out-of-band channel.
PhoneFactor will be demonstrating the integrated solution at the Fiserv Connex 2010 client conference May 24-26 in Boca Raton, Fla.
"We are pleased that the many financial institutions that use Corillian Online from Fiserv will now be able to benefit from PhoneFactor's leading authentication technology without integration obstacles," said Tim Sutton, CEO of PhoneFactor. "We believe this relationship will extend Fiserv's technology leadership position by further strengthening its highly secure application for the financial services industry."
About Fiserv Fiserv, Inc. (FISV 47.34, +0.51, +1.09%) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
About PhoneFactor PhoneFactor is a leading provider of multi-factor authentication services. The company's award-winning platform by the same name uses any phone as a second form of authentication. PhoneFactor's out-of-band architecture and real-time fraud alerts provide strong security for enterprise and consumer applications. It is easy and cost effective to set up and deploy to large numbers of geographically diverse users. PhoneFactor was recently named to the Bank Technology News FutureNow list of the top 10 technology innovators securing the banking industry today and a finalist in 2010 SC Magazine Reader Trust Awards. Learn more at www.phonefactor.com.
Contact:
Veneta Lusk
Pierpont Communications
214-217-7300 x1310
Email Contact





SOURCE: PhoneFactor
http://www2.marketwire.com/mw/emailprcntct?id=5985A53EE1448736


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Posted by John B. Frank Wednesday, May 26, 2010 0 comments

PhoneFactor and Fiserv Partner for Phone-Based Multi-Factor Authentication



New Option for Secure User Authentication Will Be Available Through the Corillian Online Banking Solution From Fiserv

OVERLAND PARK, KS, May 26, 2010 (MARKETWIRE via COMTEX) -- PhoneFactor, Inc., the leading global provider of out-of-band authentication services, today announced that it has partnered with Fiserv, Inc. (FISV 47.34, +0.51, +1.09%) to provide phone-based user authentication through the Corillian(R) Online banking solution. The new phone-based authentication option will be integrated into Intelligent Authentication(TM) from Fiserv, a strong multi-factor user authentication tool that is available to financial institutions that use Corillian Online. Intelligent Authentication allows financial institutions to offer both passive and active user authentication options in addition to a traditional user name and password, reducing the risk of fraud and identity theft in the online channel.
Fiserv, the leading global provider of financial services technology solutions, provides online banking and bill payment services to thousands of financial institutions, including 25 of the top 50 financial institutions in the United States.
"Financial institutions are actively seeking to minimize risk for their organization and their customers," said Geoff Knapp, vice president, Online Banking and Consumer Insights, Fiserv. "Our partnership with PhoneFactor will enable financial institutions that use Corillian Online and Intelligent Authentication to provide their account holders with a phone-based authentication option, giving them another tool to protect themselves against fraud."
PhoneFactor will provide Fiserv clients with integrated multi-factor authentication services, including user authentication and transaction verification services. PhoneFactor works by placing an automated call to the online banking user during login. The user simply answers the call and presses # (or enters a PIN) on the phone keypad to complete the login. In addition to ensuring that the legitimate user is logging in, PhoneFactor can verify specific online transactions, protecting against man-in-the-middle attacks from malware like Clampi and ZeuS, all through an out-of-band channel.
PhoneFactor will be demonstrating the integrated solution at the Fiserv Connex 2010 client conference May 24-26 in Boca Raton, Fla.
"We are pleased that the many financial institutions that use Corillian Online from Fiserv will now be able to benefit from PhoneFactor's leading authentication technology without integration obstacles," said Tim Sutton, CEO of PhoneFactor. "We believe this relationship will extend Fiserv's technology leadership position by further strengthening its highly secure application for the financial services industry."
About Fiserv Fiserv, Inc. (FISV 47.34, +0.51, +1.09%) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
About PhoneFactor PhoneFactor is a leading provider of multi-factor authentication services. The company's award-winning platform by the same name uses any phone as a second form of authentication. PhoneFactor's out-of-band architecture and real-time fraud alerts provide strong security for enterprise and consumer applications. It is easy and cost effective to set up and deploy to large numbers of geographically diverse users. PhoneFactor was recently named to the Bank Technology News FutureNow list of the top 10 technology innovators securing the banking industry today and a finalist in 2010 SC Magazine Reader Trust Awards. Learn more at www.phonefactor.com.
Contact:
Veneta Lusk
Pierpont Communications
214-217-7300 x1310
Email Contact





SOURCE: PhoneFactor
http://www2.marketwire.com/mw/emailprcntct?id=5985A53EE1448736


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First Bank Selects Fiserv Suite



First Bank Chooses Corillian Online, CheckFree RXP and Mobile Money from Fiserv

Regional bank to offer user-friendly online banking, bill pay and mobile banking
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that First Bank, serving more than 200,000 households in five states, has selected Corillian® Online, CheckFree® RXP® and Mobile MoneyTM to enable online and mobile banking services. Turning to a single trusted provider for banking technology will allow First Bank to quickly deliver comprehensive, user-friendly services to support the growing online and mobile channels.
“We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
“With the number of First Bank online banking households growing by 10 percent each year, and increasing interest in mobile banking, we felt this was the right time to invest in these channels,” said Timothy Cook, vice president, Internet Banking, First Bank. “We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
As part of its initiative to increase adoption of its online banking services and improve the user experience for existing customers, First Bank will offer new personal financial management tools and enhanced bill pay options through Corillian Online and CheckFree RXP.
The integration of Corillian Online with the SignatureTM bank platform already used by First Bank will provide customers with seamless access to information across all their accounts. Additionally, customers will have the ability to create detailed spending reports, which is especially important today as many consumers want to more closely manage their personal finances.
Through CheckFree RXP, First Bank customers will be able to receive electronic bills from any of the nearly 400 billing companies in the CheckFree network, and will be able to pay any business or individual.
Mobile Money from Fiserv will complement Corillian Online and CheckFree RXP, allowing the bank to easily reach their customers in the mobile channel. By delivering mobile banking and payment capabilities, First Bank can attract more customers and give existing customers more options to bank at their own convenience.
“Fiserv has provided account processing services to First Bank for more than 15 years, and we look forward to augmenting that technology with our online and mobile banking solutions,” said Erich Litch, senior vice president and general manager of Consumer Services, Electronic Banking Services, Fiserv. “By offering online and mobile banking from Fiserv, First Bank will be able to engage more frequently and deeply with their customers, encouraging them to make the bank their primary financial management destination and leading to stronger and more profitable relationships.”
In addition to account processing, Fiserv currently provides a number of other services to First Bank, including debit and ATM processing and risk management solutions.
About First Banks Inc.
First Banks had assets of $10.58 billion at December 31, 2009 and currently operates 184 branch banking offices in California, Florida, Illinois, Missouri and Texas. Through its subsidiary bank, First Bank, the Company offers a broad range of financial products and services to consumers, businesses and other institutions. Visit First Banks on the web atwww.firstbanks.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrated its 25th year in 2009. For more information, visit www.fiserv.com.
FISV-G

Contacts

Media Relations:

Ann S. Cave

Senior Public Relations Manager

Electronic Banking Services

Fiserv, Inc.

678-375-4039

ann.cave@fiserv.com

or

Additional Fiserv Contact:

Wade Coleman

Director, Public Relations

Fiserv, Inc.

678-375-1210

wade.coleman@fiserv.com

At A Glance











Fiserv, Inc.
Source: via Business Wire
Updated   08/18/2009   by company
Headquarters:Brookfield, Wisconsin
Website:http://www.fiserv.com
CEO:Jeff Yabuki
Employees:20,000
Ticker:FISV  (NASDAQ)
Revenues:$4.74 billion (2008)
Net Income:$569 million (2008)
Permalink: http://www.businesswire.com/news/home/20100324005342/en/Bank-Chooses-Corillian-Online-CheckFree-RXP-Mobile


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Posted by John B. Frank Wednesday, March 24, 2010 0 comments

First Bank Selects Fiserv Suite



First Bank Chooses Corillian Online, CheckFree RXP and Mobile Money from Fiserv

Regional bank to offer user-friendly online banking, bill pay and mobile banking
BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that First Bank, serving more than 200,000 households in five states, has selected Corillian® Online, CheckFree® RXP® and Mobile MoneyTM to enable online and mobile banking services. Turning to a single trusted provider for banking technology will allow First Bank to quickly deliver comprehensive, user-friendly services to support the growing online and mobile channels.
“We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
“With the number of First Bank online banking households growing by 10 percent each year, and increasing interest in mobile banking, we felt this was the right time to invest in these channels,” said Timothy Cook, vice president, Internet Banking, First Bank. “We believe the integrated online banking, payment and personal financial management tools in Corillian Online and on-the-go banking capabilities in Mobile Money will make daily financial activities easier for our customers and will allow us to deepen our relationships with them.”
As part of its initiative to increase adoption of its online banking services and improve the user experience for existing customers, First Bank will offer new personal financial management tools and enhanced bill pay options through Corillian Online and CheckFree RXP.
The integration of Corillian Online with the SignatureTM bank platform already used by First Bank will provide customers with seamless access to information across all their accounts. Additionally, customers will have the ability to create detailed spending reports, which is especially important today as many consumers want to more closely manage their personal finances.
Through CheckFree RXP, First Bank customers will be able to receive electronic bills from any of the nearly 400 billing companies in the CheckFree network, and will be able to pay any business or individual.
Mobile Money from Fiserv will complement Corillian Online and CheckFree RXP, allowing the bank to easily reach their customers in the mobile channel. By delivering mobile banking and payment capabilities, First Bank can attract more customers and give existing customers more options to bank at their own convenience.
“Fiserv has provided account processing services to First Bank for more than 15 years, and we look forward to augmenting that technology with our online and mobile banking solutions,” said Erich Litch, senior vice president and general manager of Consumer Services, Electronic Banking Services, Fiserv. “By offering online and mobile banking from Fiserv, First Bank will be able to engage more frequently and deeply with their customers, encouraging them to make the bank their primary financial management destination and leading to stronger and more profitable relationships.”
In addition to account processing, Fiserv currently provides a number of other services to First Bank, including debit and ATM processing and risk management solutions.
About First Banks Inc.
First Banks had assets of $10.58 billion at December 31, 2009 and currently operates 184 branch banking offices in California, Florida, Illinois, Missouri and Texas. Through its subsidiary bank, First Bank, the Company offers a broad range of financial products and services to consumers, businesses and other institutions. Visit First Banks on the web atwww.firstbanks.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrated its 25th year in 2009. For more information, visit www.fiserv.com.
FISV-G

Contacts

Media Relations:

Ann S. Cave

Senior Public Relations Manager

Electronic Banking Services

Fiserv, Inc.

678-375-4039

ann.cave@fiserv.com

or

Additional Fiserv Contact:

Wade Coleman

Director, Public Relations

Fiserv, Inc.

678-375-1210

wade.coleman@fiserv.com

At A Glance











Fiserv, Inc.
Source: via Business Wire
Updated   08/18/2009   by company
Headquarters:Brookfield, Wisconsin
Website:http://www.fiserv.com
CEO:Jeff Yabuki
Employees:20,000
Ticker:FISV  (NASDAQ)
Revenues:$4.74 billion (2008)
Net Income:$569 million (2008)
Permalink: http://www.businesswire.com/news/home/20100324005342/en/Bank-Chooses-Corillian-Online-CheckFree-RXP-Mobile


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Posted by John B. Frank 0 comments

Fiserv Vice Chairman, Peter Kight, to Resign

The Milwaukee Business Journal is reporting that Fiserv Vice Chairman will resign at the end of this quarter:





Peter Kight, who is the founder and former CEO of CheckFree Corp., will resign as vice chairman of Fiserv Inc. at the end of Fiserv’s first quarter March 31.





Kight, who is 52, has informed Jeff Yabuki, CEO of Brookfield-based Fiserv (NASDAQ: FISV) of his plans “in order to devote more time to interests outside the company,” according to a Fiserv filing with the U.S. Securities and Exchange Commission. Kight will continue to serve as a director of Fiserv.



Fiserv, a financial technology and processing firm, in December 2007 closed on a $4.4 billion acquisition of Atlanta-based CheckFree Corp., which is one of the largest providers of online banking and electronic payment technology. At the time Kight, who was CheckFree’s chairman and CEO, took the role of Fiserv vice chairman and was assigned to lead new product development and strategic integration.



Kight founded CheckFree in 1981 in his grandmother’s basement with a plan to provide electronic funds transfer services to businesses and consumers.



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Posted by John B. Frank Monday, January 25, 2010 0 comments

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