) declared that its Cash and Logistics Solutions portal has been
adopted by Geldservice Nederland B.V. (GSN). The company will be
engaged in optimizing the entire cash distribution channel
through improving its efficiency, accuracy and safety for three
banks based in the Netherlands.
GSN, established in 2011, is considered as the main solution
provider to the leading banks in the Netherlands. It offers
various solutions including cash counting, management as well as
logistics services and is also engaged in the maintenance of cash
Now, with this association GSN will gain access to a range of
Fiserv's Cash and Logistics Solutions, which include Integrated
Currency Manager, Device Manager, Performance View and
MatchPoint. The company's best-in-class services would help GSN
to improve its currency supply chain management through
maximizing the potential of cash management, incident and event
management for various devices including ATMs, in-branch deposit,
vendor management and business analytics.
These solutions by Fiserv would help GSN's clients to minimize
their operational expenses and cash cost and maximize its
business techniques and assist in decision-making through
deploying improved business analytics.
The company expressed its enthusiasm regarding this
association by stating that it will strengthen GSN's services.
Fiserv's solution would help it ameliorate its vendor service
standards and cater to growth potentials in the market through
enhancing client satisfaction.
Various strategic contract wins hold future pledge for Fiserv.
The company confirmed winning a bunch of contracts from various
financial institutions during 2012. Recently, Fiserv declared
that its LoanServ solution has been adopted by BSI Financial
Services (BSI). With the introduction of LoanServ in its product
profile, BSI Financial will be able to modify its sub- services
with improved default management solutions and it will easily
fulfill the requirement of its clients.
However, the company's financial segment faces tough
competition from various big companies including
Fidelity National Information Services, Inc.
). Mastercard recently entered into an agreement with C-SAM.
Hence, the company has to be extra cautious of competitive
strides in the industry.
The current Zacks Consensus Estimates for Fiserv, Inc. are
$1.42 and $5.17 for the fourth quarter of 2012 and for 2012,
respectively. The estimate for fourth quarter is a year-over-year
growth of 12.1% and 12.9% for 2012. We currently have a long-term
'Neutral' recommendation for Fiserv. The stock carries a Zacks #3
Rank, which translates into a short-term 'Hold' rating.
FIDELITY NAT IN (FIS): Free Stock Analysis
FISERV INC (FISV): Free Stock Analysis Report
MASTERCARD INC (MA): Free Stock Analysis
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