SOURCE: BioPassword

September 17, 2007 08:00 ET

Fiserv CBS Worldwide Teams With BioPassword for Secure Multi-Factor Authentication

LAKE MARY, FL--(Marketwire - September 17, 2007) - Fiserv CBS Worldwide, a business unit of the Fortune 500 company, Fiserv, Inc. (NASDAQ: FISV), announced today that it has signed a global partnership agreement with leading security vendor, BioPassword, Inc., to provide secure access to Fiserv front office financial services solutions. BioPassword provides award-winning, multi-factor authentication to effectively minimize fraud without impacting users.

BioPassword's innovative software uses a simple, yet powerful combination of the user's standard login credentials (username and password), keystroke biometrics (their unique typing rhythm), knowledge-based authentication (user selected questions and answers) or software one-time passwords (single-use password delivered to your mobile device) to ensure system access is only available to authorized users.

"The reputation of BioPassword for being secure, scalable and immediately deployable across an enterprise network and the Internet without impacting business was key in our decision to integrate them into our solutions," said John Macaluso, Fiserv senior vice president of strategy and marketing and chief technology officer. "At Fiserv we want to ensure that we give our clients every opportunity to keep their organizations compliant and secure."

BioPassword authentication software will be integrated with the following Fiserv teller and customer sales and servicing solutions: CBS Desktop, CBS Teller and Fiserv Aperio.

"The combination of BioPassword, a leader in multi-factor authentication solutions, with a financial services industry leader such as Fiserv, will produce a market leading proposition for institutions," said Mark Upson, CEO and president, BioPassword, Inc. "We look forward to providing Fiserv with the industry-leading advantage of BioPassword by verifying the specific user with no change in user behavior and authentication that delivers over 99 percent accuracy, based on an independent Tolly Group report."

About BioPassword, Inc.

BioPassword, Inc. (www.biopassword.com), located in Issaquah, Washington, leads the market in delivering enterprise security solutions for software-only strong authentication. BioPassword protects company and individual assets with a simple, yet powerful combination of the user's standard login credentials (userID and password), keystroke biometrics (their unique typing rhythm), and knowledge-based authentication (user selected questions and answers). BioPassword's strong authentication software is fast, accurate, transparent, scalable to millions of users and immediately deployable across the organization and the Internet without the need for expensive tokens, cards or other specialized hardware. To learn more about BioPassword visit our Web site or contact us at (425) 649-1100. For a live demonstration of BioPassword's keystroke biometrics, log onto www.biopassword.com/demo1.

About Fiserv CBS Worldwide

Fiserv CBS Worldwide is a unit of Fiserv Inc. (NASDAQ: FISV), a Fortune 500 company that serves more than 17,000 clients in 66 countries around the world. Fiserv CBS Worldwide delivers end-to-end business and technology solutions for retail financial organizations, consumer finance institutions and credit unions throughout Europe, Asia-Pacific, Latin America, the Caribbean, Canada and the United States. Through its offices in the USA, UK, Poland, Russia, Singapore, Australia, China, Indonesia, Colombia, Costa Rica and Mexico, Fiserv CBS Worldwide enables financial institutions globally to deliver integrated solutions for managing the entire customer relationship from core banking to multi-channel customer contact and business intelligence. Fiserv CBS Worldwide can be found on the Internet at www.fiservcbs.com.

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing (BPO), software and systems solutions. The company serves more than 18,000 clients worldwide and 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. Headquartered in Brookfield, Wis., Fiserv reported more than $4.4 billion in total revenue for 2006. For more information, please visit www.fiserv.com.

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