Fiserv Announces Deal For Texas Data Processor

services to banks, announced this week the acquisition of SRS Inc. SRS is an Austin, Tex.-based regional data processor that works with community banks. Fiserv also completed the previously announced acquisition of Financial Information Trust, Des Moines. Both companies use bank software from Information Technology Inc., which Fiserv also owns. Fiserv expects to get 90 new clients and $8 million in new operating revenue from its new acquisitions.

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