Catalfano was previously President and Chief Operating Officer of Fiserv EFT, another unit of Fiserv, Inc. and one of the United States' largest providers of electronic funds transfer processing. In his new role, Catalfano will lead one of Fiserv's primary business lines with more than 280 in-house and outsourced clients in 42 countries, and drive the organisation's growth.

"CBS Worldwide is an important and vibrant part of Fiserv, offering core banking and related solutions domestically and internationally," said Michael Gantt, President of Fiserv's Bank Systems Group. "Tony Catalfano brings the energy, experience and knowledge necessary to lead this organisation to new levels of growth." Gantt added, "Tony's background in software, operations, process management, project management and general management, as well as his knowledge of Fiserv and international business, make him an outstanding choice to head Fiserv CBS Worldwide."

Catalfano, who has international experience in the US, Europe and Asia, said his key mission will be to increase growth further, both through new sales and acquisitions. "The vision for CBS Worldwide is to take the lead in Fiserv's global growth," Catalfano said. "Fiserv CBS Worldwide already has the people, the product suite and the client relationships that give us a strong base to grow – both in the United States and internationally. In the United States, Fiserv CBS Worldwide has demonstrated strong momentum in the past two years as it led the industry in selling to banks with more than $1 billion in assets. We will continue to push hard on domestic growth while looking for acquisitions and other opportunities to continue to expand our offering in international markets."

Catalfano came to Fiserv through its 2002 acquisition of the Consumer Network Services electronic funds transfer business of Electronic Data Systems Corp. Catalfano became President of that unit in 1999. During an extensive career at EDS, Catalfano managed numerous large-scale relationships across the financial institution, health care and insurance industries.