Market Overview

Fiserv Extends Electronic Bill Payment Services Relationship with Bank of America

BROOKFIELD, Wis.--(BUSINESS WIRE)--

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of America (NYSE: BAC) has renewed its agreement for electronic bill payment and presentment services through its online and mobile channels for a 10-year term to 2022. The agreement will extend the electronic bill payment and bill presentment services relationship that began in 2000. The bank will also move to the latest CheckFree® RXP® platform and will continue to innovate the service with Fiserv. Further terms of the agreement were not disclosed.

“Bank of America has been a pioneer in providing innovative digital services to its customers and featuring electronic bill payment and e-bill presentment services,” said Jeff Yabuki, president and chief executive officer, Fiserv. “We are honored to continue our partnership as the next generation of payment innovation and consumer experience moves to the forefront of banking.”

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

FISV-G

Media Relations:
Judy DeRango Wicks
Vice President, Communications
Fiserv, Inc.
678-375-1595
judy.wicks@fiserv.com
Investor Relations
Eric Nelson
Vice President, Investor Relations
Fiserv, Inc.
262-879-5350
eric.nelson@fiserv.com
Media Relations at Bank of America:
Tara Burke
203-292-6590
tara.a.burke@bankofamerica.com

 

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