Bank technology firm Fiserv Inc. has announced that it has signed a letter of intent to acquire the check-processing business of the Federal Home Loan Bank of Atlanta.

Under the agreement, Fiserv will provide check processing and related services to approximately 100 financial institutions throughout the Southeast. Terms were not disclosed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.