BROOKFIELD, Wis. - (10/22/04) -- Fiserv Inc., a company built throughacquisition, said corporate purchases continued to drive itsperformance on the 20th anniversary of its founding. The company,formed in 1984, said revenues climbed 22% for the third quarter to$958.1 million, and net income rose by 15% to $92.4 million, or 47cents a share, compared to the same period last year. Third quarterearnings were fueled by the acquisitions of Results InternationalInc. a provider of outsourcing for the insurance industry, and ofPharmacy Fulfillment Inc., a provider of mail-order prescriptionservices. In addition, the company announced Tuesday it hasacquired CheckAGAIN LLC, which converts paper and imaged checksthat have been returned for insufficient funds into electronictransactions. Through the first three quarters Fiserv reported a29% rise in revenues to $2.8 billion, and 20 surge in net income to$280.2 million, or $1.42 a share.
-
Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










