) announced that AmBank Group has adopted a Fiserv solution, which
will help the company to help manage its asset liability risk.
Established in 1975, Am Group is one of the largest banking groups
The solution will enable the bank to manage bank-wide liquidity
analysis, asset/liability risk, interest and profit-rate analysis
and banking book Value at Risk analysis. These are crucial
components of effective corporate governance and enterprise risk
The solution will also provide the bank with increased control
and accuracy for its daily interest rate risk and liquidity risk
management. The solution from Fiserv can analyze risk across both
retail and treasury productswhile also allowing non-product
information, such as contingencies and commitments to be
incorporated into its modeling capabilities. Am Group selected the
solution from Fiserv as it required an integrated risk framework,
which will enable it to perform valuation and sensitivity analysis
and support its regulatory compliance reporting related to
Last week, Fiserv launched E-bill Introduction, a new feature
within the company's widely used CheckFreeRXP payment suite.
CheckFree RXP is the company's principal electronic bill payment
product, which enables users to pay and manage their bills in an
E-bill Introduction enables users to receive electronic bills
through their online banking service for an introductory period
during which they also continue to receive paper bills in mail.
In order to drive increased adoption of e-bill, Fiserv is now
tapping into tryvertising trend. Tryvertising enables consumers to
try a new product or service before committing to purchase or use
E-Bill Introduction provides a 90-day introductory period to
consumers, whereby they can experience receiving e-bills at their
financial institution firsthand after having paid their bills
We currently have a Neutral recommendation on Fiserv. In the
short run, we have a Zacks #3 Rank on the stock, which translates
into a short-term rating of 'Hold'.
FISERV INC (FISV): Free Stock Analysis Report
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