Profits Rise for Fiserv

Profits rose almost 15 percent at Fiserv Inc. in the third quarter as revenue topped $1 billion, the Brookfield-based financial technology firm said. Fiserv had net income of $132 million, or 87 cents per share, compared with $115 million, or 74 cents, in the same period a year ago, according to the Milwaukee Journal Sentinel.

Fiserv Introduces Mobile Deposit Capture

Fiserv Inc. announced the launch of Mobile Source Capture, a new remote deposit capture solution that extends the convenience of remote check capture to camera-equipped mobile phones, the Small Business Times reported.

Fiserv Announces New Software

Fiserv Nearly Doubles Net Income

Financial services technology firm Fiserv Inc. said its fourth-quarter revenue increased 2.1 percent and its net income nearly doubled, the Business Journal of Milwaukee reported.

Fiserv Vice Chairman Resigns

Peter Kight, founder and former CEO of CheckFree Corp., will resign as vice chairman of Fiserv Inc. on March 31, the Milwaukee Business Journal reported.

Home Prices Predicted to Turn Around in ’10

A new forecast by Fiserv Inc. predicts median home prices nationally will drop another 11.3 percent through the first half of next year but then will rise 3.6 percent by the middle of 2011. In Wisconsin’s biggest metro areas, home prices – as they have throughout the downturn – are expected to fall less than in cities in boom states such as California and Florida. But then they will appreciate more slowly than the national average once the corner is turned, the Milwaukee Journal Sentinel reported.

Fiserv Problem Disrupts Service at Banks

A hardware problem at Fiserv Inc. knocked out service part of Monday and Tuesday to some financial institutions that operate with the Brookfield firm’s technology, according to the Milwaukee Journal Sentinel.