Fiserv named to InformationWeek Elite 100, CardFree Cash cited

March 9, 2016

BROOKFIELD, Wis. (3/9/16)--Fiserv, a provider of financial services technology solutions, has been named to the 2016 InformationWeek Elite 100, a list of innovative and imaginative users of business technology in the United States.

"At Fiserv, we understand that life moves fast, and people need financial services that fit seamlessly into the rhythm of their lives," said Cliff Skelton, Fiserv group president, enterprise technology. "This is recognition of our focus on innovation, equipping clients with solutions that deliver the speed and convenience their customers demand."

Fiserv has also been selected as a finalist by InformationWeek for a Business Innovator Award in the Security category. CardFree Cash from Fiserv, offering secure, convenient and immediate access to cash without a physical card at thousands of ATMs nationwide, was cited as a leading business technology innovation.

CardFree Cash enables customers to get cash at an ATM or merchant without surcharges by using a token instead of a payment card. CardFree Cash provides added protection with definable withdrawal and transaction limits, access-code time limitations and virtually eliminating ATM skimming, which results in an estimated $1 billion in fraud losses a year globally, according to industry experts.

This is InformationWeek's 28th year identifying and honoring the nation's most innovative users of information technology. The InformationWeek Elite 100 research tracks the technology-based investments, strategies and results of some of the best known organizations in the country.