Beefing up its crack merger and acquisition team, bank systems outsourcer Fiserv Inc. announced last week it has hired a former Mellon Bank Corp. executive.

Aaron M. Edelstein has joined Milwaukee-based Fiserv as corporate senior vice president for mergers and acquisitions, officials said. He will report to senior executive vice president Kenneth R. Jensen, who heads up the M&A unit along with his duties as Fiserv's chief financial officer.

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