Latest Fiserv, Inc. News: Finextra Research

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E*Trade pays $23 million to settle Fiserv lawsuit

Online brokerage E*Trade has paid $23 million to settle a Fiserv lawsuit over stock in GenesisIntermedia, the failed telemarketing firm controlled by Saudi arms dealer Adnan Khashoggi.

13 May 2003

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Fiserv clearing unit covers $10 million fraudulent trading loss

Fiserv is reporting a one-time loss of $10 million in its securities processing division that resulted from an alleged fraudulent trading scheme at one if its broker-dealer clients. The loss has been offset by a $10 million gain from the sale of shares, and the company has reaffirmed guidance for trading in the first quarter.

31 March 2003

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Fiserv to acquire Precision Computer Systems

Fiserv has signed an agreement to acquire Precision Computer Systems (PCS), a provider of bank processing solutions based in Sioux Falls, South Dakota.

11 March 2003

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Comshare and IPS-Sendro team for business intelligence

Fiserv subsidiary IPS-Sendero is to integrate Comshare's corporate performance management (CPM) software with its own products.

03 February 2003

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TD Waterhouse implements Fiserv for consumer banking operations

Online brokerage TD Waterhouse has selected technology from Wisconsin-based financial systems vendor Fiserv to support its consumer banking business in the UK.

29 January 2003

Latest news

E*Trade pays $23 million to settle Fiserv lawsuit

Fiserv clearing unit covers $10 million fraudulent trading loss

Fiserv to acquire Precision Computer Systems

Comshare and IPS-Sendro team for business intelligence

TD Waterhouse implements Fiserv for consumer banking operations