Fiserv Acquires Mobile Banking Provider M-Com

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BROOKFIELD, Wis. -- Fiserv said this morning it agreed to acquire M-Com, an Atlanta-based provider of mobile banking services for credit unions and banks.
 
The two companies have been partners since 2008, developing and delivering a service called Mobile Money from Fiserv to financial institutions.
 
Financial terms of the deal were not disclosed.
 
Fiserv also said it has agreed to acquire Credit Union On-Line, a Waltham, Mass., CUSO that that runs an outsourced version of an account-processing solution from Fiserv.  The CUSO is co-owned by CEO Connie Boretti and RTN Federal CU and Medical Area FCU.

  

BROOKFIELD, Wis. -- Fiserv said this morning it agreed to acquire M-Com, an Atlanta-based provider of mobile banking services for credit unions and banks.

The two companies have been partners since 2008, developing and delivering a service called Mobile Money from Fiserv to financial institutions.

Financial terms of the deal were not disclosed.

Fiserv also said it has agreed to acquire Credit Union On-Line, a Waltham, Mass., CUSO that that runs an outsourced version of an account-processing solution from Fiserv.  The CUSO is co-owned by CEO Connie Boretti and RTN Federal CU and Medical Area FCU.

 

 

 

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