Fiserv Acquires Electronic CheckPresentment Provider

Register now

BROOKFIELD, Wis. - (10/19/04) -- Fiserv Inc. announced Monday it hasacquired CheckAGAIN LLC., a Herndon, Va., provider of electroniccheck presentment services, as part of its plan to expandelectronic check processing. CheckAGAIN uses automated checkclearinghouse transactions to electronically re-present returnedchecks, primarily for major retailers. The company has developed aproprietary system for electronically recovering checks that werereturned because of insufficient funds. Terms of the deal were notdisclosed.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER