BROOKFIELD, Wis., Jul 29, 2010 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ:FISV), the leading global provider of financial services technology solutions, today announced that BBVA Compass has renewed its contract for CheckFree^(R) RXP^(R). The agreement enables BBVA Compass, a Sunbelt-based financial institution that ranks as the fifteenth largest U.S. commercial bank based on deposit market share, to continue to provide both consumer and small business customers with user-friendly online billing and payment services. BBVA Compass will also continue to utilize FraudNet(TM) from Fiserv, an automated fraud detection system that mitigates the risk of fraudulent online transactions.

"The online channel has become the foundation of many customers' relationships within the banking industry, and that makes providing comprehensive, secure and intuitive online banking and bill payment a priority," said Andy Hernandez, executive vice president and director, Channel Development, BBVA Compass. "Fiserv sets the standard for online banking and bill payment, delivering timely, well-designed functionalities that enable us to provide our customers a premier experience."

More than 80 percent of BBVA Compass customers who opened a new account in 2009 enrolled in CompassPC^(R) Online Banking, and the majority of those customers also enrolled in online bill payment.

"Fiserv has a long-standing history of delivering best-in-class technologies for BBVA Compass as the banking franchise has grown and expanded into seven states," said Todd Lesher, division president, Electronic Banking Services, Fiserv. "By extending the contract for CheckFree RXP, BBVA Compass further strengthens its online channel, and reinforces its commitment to its customers, knowing Fiserv solutions will continue to evolve along with the industry for years to come."

According to an October 2009 Aite Group report, Fiserv supports online bill payment services for 76 percent of the consumers who pay bills online through their financial institution, and delivers 93 percent of the electronic bills received through the online banking channel.

Fiserv continues to enhance CheckFree RXP, based on extensive consumer research and usability testing, to help companies like BBVA Compass grow their online user base. CheckFree RXP is updated through "Feature Packs," regularly scheduled additions that automatically ensure the Fiserv network of financial institutions and their customers have immediate access to the most up-to-date online payment tools. The latest enhancements include: a bill pay "widget" that enables customers to schedule a payment directly from the online banking homepage rather than visiting a dedicated bill payment page, streamlined activation of electronic bills, and a person-to-person payment option.

About BBVA Compass

BBVA Compass is a Sunbelt-based financial institution that operates 724 branches including 387 in Texas, 92 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 22 in New Mexico. BBVA Compass is the 15th largest U.S. commercial bank based on deposit market share and ranks among the largest banks in Alabama (3rd), Texas (4th) and Arizona (5th). For the second consecutive year, BBVA Compass was named as a "Lender of the Year" by the Small Business Administration (SBA). Additional information concerning BBVA Compass can be found on our website www.bbvacompass.com.

BBVA Compass is a subsidiary of Compass Bancshares, Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a financial services group with more than $765 billion in total assets, 48 million clients, 7,500 branches and approximately 104,000 employees in more than 30 countries. BBVA ranks among the top 20 largest financial institutions in the world based on market capitalization and 20th in Global Finance magazine's list of the "World's 50 Safest Banks" for 2009. BBVA provides its customers around the world with a full range of financial services, including commercial and wholesale banking, retail banking services, consumer loans, mortgages, credit cards, securities brokerage, wealth management, pension plan management and insurance. The BBVA Group maintains a leadership position in Spain, Mexico, Latin America and the Sunbelt Region of the United States as well as operations in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, and the United Kingdom.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.

Editor's Note:

BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC.

(FISV-G)

SOURCE: Fiserv, Inc.

Media Relations
Ann Cave
Senior Public Relations Manager
Electronic Banking Services
Fiserv, Inc.
678-375-4039
ann.cave@fiserv.com
or
Additional Fiserv Contact:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com

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