JACKSONVILLE, Fla. - (07/19/06) Fidelity National InformationServices, one of the biggest third-party processors for creditunions, announced Tuesday it has created a back-office outsourcingand item processing operation in Brazil. The new outsourcingoperation, which will be called Fidelity BPO Brazil Ltda, willprovide a comprehensive range of office processing and supportservices, check imaging, check clearing and custody and consumerloan processing for credit unions and banks at more than 40processing centers in Brazil. To facilitate the massive outsourcinginitiative, Fidelity National Information has agreed to acquireProservvi Empreendimentos e Servicos Ltda, a Brazilian processor,for $2.8 million in cash and the assumption of $13.3 million indebt.
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