Fiserv Payments Network Gets New Name, New Look

  Fiserv Payments Network Gets New Name, New Look

  *Accel reflects the network’s ability to accelerate retail, biller and
    social person-to-person payments, enabled by real-time authorization and
  *New name positions the network as a real-time enabler within broad and
    innovative portfolio of payments capabilities from Fiserv
  *Network remains preferred choice for forward-looking financial
    institutions who want additional value from their ATM/POS/card investment

Business Wire

BROOKFIELD, Wis. -- April 16, 2013

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that its debit payments network,
formerly known as ACCEL/Exchange^®, has a new name - Accel™. The new name
reflects the network’s ability to accelerate funds transfers across retail,
biller and social person-to-person payments, and positions the network within
the Fiserv portfolio of payments capabilities to create the world’s leading
real-time network.

Accel is one of the fastest-growing payments networks in the industry,
supplying the infrastructure for financial institutions to give cardholders
around-the-clock access to their demand deposit account funds at ATMs and the
point of sale. As a leading payments network, Accel boasts 55 million debit
cardholders, 3,100 financial institutions, 340,000 ATMs and more than 3
million merchant locations. In 2009, Accel became the first payments network
to enable secure online debit transactions using a PIN. Additionally, Accel
provides value-added network services including surcharge-free options,
deposit-accepting program, the Card Alert Service risk management, and
marketing strategies and materials to assist members in promoting debit card
payments over cash and check payments.

“Fiserv updated the network’s name to reflect the 24x7-always-connected world
we’re living in,” said David Keenan, general manager, Network Solutions,
Fiserv. “Accel helps consumers move money when and how they want. Our
real-time payments platform, developed over the last 40 years, has expanded
from ATM and retail payments to enabling social payments, as we demonstrated
last year with the integration of Accel with our person-to-person payments
service, Popmoney^®.”

In addition to accelerated payment speed and real-time money movement, Accel
members benefit from working with a single integration partner to help them
build relationships, grow volumes and deliver faster, more secure transactions
across a variety of channels.

Fiserv is leading the industry in bringing real-time payment capabilities to
payers and recipients alike, with initiatives such as Popmoney, the social
person-to-person payment service from Fiserv that allows consumers to
conveniently send and receive money. Other initiatives, such as SpotPay™, a
mobile payments solution for small business customers that enables merchants
to accept card and check payments anywhere, anytime, will be real-time enabled
later this year. Fiserv will continue to strategically invest in enabling
real-time payments capabilities across its portfolio of solutions, helping
financial institutions deliver services and experiences that meet the high
expectations of consumers.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving
the financial services industry, driving innovation in payments, processing
services, risk and compliance, customer and channel management, and business
insights and optimization. For more information, visit


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Media Relations:
Julie Nixon
Senior Public Relations Manager
Fiserv, Inc.
Additional Contact:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
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