FISERV INC
SymbolFISV

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Tesco Bank Selects Fiserv Platform

2009-11-20 06:53 ET - News Release


Company Website: http://www.fiserv.com
BROOKFIELD, Wis. -- (Business Wire)

Tesco Bank has selected Fiserv, Inc. (NASDAQ: FISV) and the Signature™ bank platform to provide its core banking solution. Tesco Bank is developing new products and services and needs to build the systems and infrastructure platforms to help provide these services.

Tesco Bank is the UK’s largest supermarket bank, with over six million customers and 28 financial products and services and is in the process of migrating its banking products onto a number of new Tesco Bank platforms. Tesco Bank plans to extend its financial services business from a collection of successful financial products to that of a full service retail bank offering more choice, innovation and value to customers. Tesco Bank selected Fiserv based on its ability to provide an innovative, end-to-end banking solution that is proven in markets around the world. Fiserv is the leading global provider of financial services technology with 16,000 clients worldwide.

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