Fiserv Inc. announced yesterday that it has acquired a corporate cash management processing business from Chemical Banking Corp., in its second deal with a New York money-center bank in two weeks.

The outsourcing and software company paid an undisclosed sum for Chemical's BankLink Inc. subsidiary, which provides an array of cash management software products and processing services to over 120 financial institutions. These banks resell BankLink's products to their own corporate customers.

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