FISERV INC acquired NetEconomy, B.V., structured as Acquisition completed in 2007; financial terms not disclosed..
NetEconomy, B.V. operates in Financial Institution Services, is based in Netherlands. NetEconomy is an international provider of financial crime management and regulatory compliance solutions for financial institutions, including anti-money-laundering and fraud detection technology. Fiserv acquired NetEconomy in 2007, adding compliance and financial-crime capabilities to its Financial Institution Services offerings.
Added anti-financial-crime and regulatory compliance technology that Fiserv could sell across its large base of financial-institution clients.
Advisory firms were not disclosed for this transaction.