Technology

Fiserv fights financial crime with NetEconomy buy

Financial software and services firm Fiserv Inc has paid an undisclosed sum for privately-held NetEconomy BV, which provides risk-monitoring and fraud-detection software for the finance and telecoms industries.

CBR Staff Writer March 14, 2007

The Hague, Netherlands-based NetEconomy, which was founded in 1993, offers software for anti-money laundering, fraud prevention and compliance. It claims more than 130 implementations in 58 countries.

Fiserv CEO Jeff Yabuki said NetEconomy’s software would be integrated into all of its core account processing platforms and would continued to be sold to large financial institutions.

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