Fiserv Inc., a provider of information technology services to the financial industry, announced its President and CEO Jeffery Yabuki has been awarded the top honor in the Innovator Award of 2007 from Bank Technology News, a magazine for senior financial technology executives published by SourceMedia.
The sixth annual Innovators ranking honors the banking and financial services industry’s 25 most innovative people, companies and technologies. The magazine selected Yabuki at the top of its list this year, citing his corporate strategy to offer a platform-wide suite of products, Fiserv 2.0, which will take the company from a profit-center, business-unit model to one with a customer-driven mission. It also pointed out that Fiserv’s total revenues have increased 9.3 percent to $2.54 billion year over year.
“This award is a tribute to our more than 23,000 employees around the world who use creativity and innovation to deliver best-in-class technology solutions to our clients,” Yabuki said. “Continuing to deliver market leading products, along with our announced acquisition of CheckFree will translate to even more innovative products and service opportunities than ever before. ”
Bank Technology News published this year’s listing in the November issue and along with SourceMedia hosted an awards dinner celebrating The Innovators on Nov. 12, 2007, at The Wynn in Las Vegas.
“This year’s Innovators represent a remarkable group of leaders who demonstrate how aggressive, well-conceived technology strategies can increase revenue, lower costs and differentiate a financial institution from its competition,” said Bank Technology News Editor-in-Chief Holly Sraeel. “Our 25 honorees have redefined the technology landscape with advances in next-generation payments and mobile banking, improved data analytics, branch automation, Internet security and more.”
Peter Kight, cairman and CEO of CheckFree, delivered the key note address outlining changes in the industry. Kight, who will become a member of the Fiserv Board of Directors when the acquisition is completed, was honored as the first recipient of the annual Peter Kight Lifetime Achievement Award. In addition, Kight, Yabuki and eight other honorees were inducted into The Innovators’ Hall of Fame.
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