Fiserv Unveils New Prepaid Solutions

Fiserv, Inc. FISV, the leading global provider of financial services technology solutions, announced today that it is once again expanding its digital payment portfolio, which is the broadest in the industry, by launching a new set of prepaid solutions. Fiserv will offer prepaid processing, turn-key program management, and support of general purpose reloadable and payroll cards for large financial institutions and corporations. Fiserv has acquired prepaid card processing and other technologies developed by Maverick Network Solutions, a Delaware-based provider of advanced prepaid and reward and incentive card programs. The Delaware start-up and its employees became part of the Fiserv Card Services group on March 1, 2011.