BROOKFIELD, Wisconsin, September 15 /PRNewswire/ --

- Multinational Implementation Helps Mitigate Financial Crime With 
Sophisticated Data Analytics

Sibos Booth C219 - Fiserv, Inc. (NASDAQ: FISV), a leading provider of
information technology services to the financial industry, today announced
that Stockholm-based Skandiaviska Enskilda Banken (SEB), one of Europe's
leading banks, is now using Fiserv's NetEconomy Anti-money Laundering (AML)
Compliance Manager solution. Designed to meet regulatory requirements and
mitigate and manage potential money laundering activity, the AML
implementation across 17 countries in Europe and Asia was delivered on budget
over 18 months.

SEB operates in some of the most demanding regulatory environments,
including China, Ukraine and Russia. By rolling out Fiserv's NetEconomy AML
Compliance Manager, SEB is adding powerful tools to help with compliance when
conducting business around the world.

"SEB takes AML issues very seriously. We wanted to find a solution that
follows group common strategies and policies, but at the same time is
tailored to meet the different local legislations," said Jan Björkman, Group
AML Officer SEB. "SEB selected Fiserv because it delivers a centralized and
flexible solution, which provides a high degree of functionality and ensures
resources are leveraged effectively. By implementing Fiserv's NetEconomy AML
Compliance Manager solution for transaction monitoring and reporting SEB can
keep ahead of the game. Fiserv's in-depth knowledge of AML and regulatory
issues and its fraud detection expertise mean that we can stay at the
forefront of the market, so this technology partnership has proven to be an
ideal fit for our business."

"Financial institutions are at the forefront of the battle against money
launderers, and view trust and reputation as critical assets worthy of the
most stringent safeguards," said Sebastian Kuntz, president of Fiserv Fraud
and Compliance Solutions. "New legislation requires banks to monitor
customers and activities at a level not previously experienced. Fiserv's
solution uses sophisticated analytical tools, which mitigate potential
vulnerabilities."

Fiserv's NetEconomy AML Compliance Manager solution is a fully integrated
anti-money laundering system, which leverages SEB's existing IT
infrastructure. The central hub resides in Stockholm with additional
satellite installation in Russia. By combining transaction monitoring, case
management and automated reporting, SEB will be able to effectively deliver
the highest degree of accuracy and operational efficiency without placing
additional strain on staff resources.

SEB will further enhance its AML monitoring processes by implementing the
Advanced Peer Group module (APG) for advanced peer group analysis. Going
beyond standard peer group functionality, the APG module builds up profiles
that analyze the usual behavior of similar customers in order to identify
those whose activities significantly deviate from the average at any given
time period.

The APG module provides increased granularity and transparency for
monitoring customer groups and risks; increased accuracy and accountability
of alerts; and a higher predictive power of money laundering activity
consistent with a risk-based approach to AML detection and management.

About SEB

The SEB Group is a North European financial group for 400,000 corporate
customers and institutions, and 5 million private customers. SEB has local
presence in the Nordic and Baltic countries, Germany, Poland, the Ukraine and
Russia. Approximately half of SEB's customers use the internet for their
banking transactions. The Group is represented in some 20 countries around
the world and has a staff of about 20,000.

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information
management and electronic commerce systems and services to the financial and
insurance industries. Leading services include transaction processing,
outsourcing, electronic bill payment and presentment, investment management
solutions, business process outsourcing (BPO), software and systems
solutions. Headquartered in Brookfield, Wis., the company is the leading
provider of core processing solutions for U.S. banks, credit unions and
thrifts. Fiserv was ranked the largest provider of information technology
services to the financial services industry worldwide in the 2004, 2005 and
2006 FinTech 100 surveys. In 2007, the company completed the acquisition of
CheckFree, a leading provider of electronic commerce services. Fiserv
reported nearly $4 billion in total revenue from continuing operations for
2007. For more information, please visit http://www.fiserv.com.