Outsourcing Gains Momentum Among Fiserv Core Processing Clients
Fiserv, Inc. (FISV)
Last fiserv, inc. earnings: 2/4 04:01 pm
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Source: Business Wire
Banks cite simplified resource management, faster disaster recovery and stronger cybersecurity as compelling reasons to outsource technology services BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, today announced that more than 80 Fiserv bank clients have completed a migration to outsourced core processing in the past 24 months, with nearly 60 more scheduled to make the move in 2019. These banks join thousands of others that already trust their core processing to Fiserv, underscoring a sustained trend toward managed technology. Texas-based First State Bank of Uvalde initially took an interest in outsourcing because it would allow the bank to move disaster recovery testing from a simulated to a live environment. What began as a focus on disaster recovery, security and compliance eventually transformed into
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