Financial solutions provider Fiserv receives TAG FinTech ADVANCE Award

Fiserv Inc., a global financial services technology solutions provider, has been recognized as the winner of Technology Association of Georgia (TAG) Fintech ADVANCE Awards that has recognized the company’s ability to bring quantifiable results through innovative solutions to the financial industry.

Fiserv was recognized for introducing Verifast: Palm Authentication, a fintech solution that uses near-infrared light to capture and confirm a financial institution employee’s or customer’s identity. This is done by a unique palm vein pattern, making authentication faster, more convenient and secure.

“It is a testament to the number of innovative FinTech companies with ties to Georgia that have helped propel our state to be recognized as the financial technology hub of the universe. The ADVANCE Award winners illustrate the tremendous teamwork between Fintech vendors, customer companies and the third party advisors that make technology work as envisioned while also reaping the benefits of its innovation,” Sean Banks, partner of TTV Capital and TAG FinTech society chair, stated.

Verifast: Palm Authentication solution was also recognized with an IDC Financial Insights FinTech Rankings Real Results Award for its unique feature to speed authentication.

Fiserv was named to the InformationWeek Elite100, a prestigious list of the most innovative and imaginative users of business technology in the United States, and was named among FORTUNE Magazine’s World’s Most Admired companies for a third consecutive year. The company was also named a gold winner in two categories at the PYMNTS.com 2016 Innovation Awards.

“Financial services are an integral part of everyday life, and capabilities such as biometric authentication, real-time access to funds, or the ability to manage a card from a mobile app are incredibly impactful,” Mark Ernst, COO of Fiserv, stated. “For us, the best reward is knowing that our solutions are making financial tasks easier and faster for the tens of millions of people that depend on them every day.”