Product & Service
Fiserv Intros Gift Card Offering
BROOKFIELD, Wis.-Fiserv, Inc., in conjunction with FSV Payment Systems, Inc., has rolled out FLEXGIFT, a turnkey stored-value gift card that financial institutions can offer to their consumer and commercial customers. FLEXGIFT-the second product in a suite of out-of-the box stored-value solutions from Fiserv-is designed to stimulate financial institution account growth while increasing fee income. Fiserv plans to offer FLEXGIFT to its clients through an exclusive partnership with stored-value program provider FSV Payment Systems. The gift-card program is available to financial institutions of all sizes.
For info: www.fiserv.com.
Harland Tests Signature Solution
ATLANTA-John H. Harland Co. said it is in the final stages of developing a solution for the prevention of the most difficult-to-catch type of check fraud-the forgery of the maker's signature. Proof-of-concept testing has been completed and it is entering the pilot stage the company said, with general rollout scheduled for the second half of 2005. "The comprehensive solution employs sophisticated image processing, data encoding and encryption, digital printing and statistical validation software to allow financial institutions and merchants to validate the authenticity of the maker's signature and the physical check document," according to Harland.
2 Sign With CU Members Mrtge.
FT. WORTH, Texas-Two credit unions have contracted with CU Members Mortgage to bring mortgage offerings to their members. The two CUs are Central Creditt Union of Maryland and U.S. Coast Guard Community Credit Union. The two CUs have nearly 15,000 members between them and will private-label the mortgages to those members.
For info: www.homeloancu.com
Liberty Selects Business Objects
MOUNDS VIEW, Minn.-Liberty Enterprises said it has selected Business Objects' Extranet system to power its new Strategic Advisor, a business intelligence service for its 5,500 credit union and 200 bank customers. The new service will allow businesses to track, understand and manage their business performance over the Internet. The service will aim to improve performance in four areas: strategic planning, sales tracking, lending and marketing.
For info: www.libertysite.com