"Consumers are showing an increasing preference for managing their finances online, and it is natural for them to turn to their trusted financial institution for any payment service, whether it is a bill payment or a personal payment," said Erich Litch, senior VP and general manager, Consumer Services, Fiserv. "The personal payments service from Fiserv enables banks and credit unions to deliver an online financial management tool, providing users with the convenient capability to pay anyone and deepening their relationship with the institution."

When launched, Fiserv said consumers will be able to use the personal payments service through their participating financial institution, eliminating the need to share account information with a third party.

Using an e-mail address or mobile phone number, consumers will be able to send money to anyone they know, whether it is to repay a friend for concert tickets or dinner, contribute to a fundraiser, pay team dues, pay allowances or even pay the babysitter. Payments will be deposited directly into the recipient's account and confirmation of payment will be sent to the recipient's e-mail address or mobile number. Payments will be securely processed through Fiserv's online payment network, leveraging the FraudNet automated fraud detection system to detect and prevent fraudulent transactions.

The company said that the new service will be made available initially to Fiserv clients using the CheckFree RXP online bill payment platform during the first half of 2010, with other financial institutions able to connect to the personal payments network through web services after the initial launch of the service.

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Fiserv said that members can check balances and review account history, move money between accounts, pay bills and receive a variety of pre-set account alerts. The service reportedly is free and can be activated through the credit union's CU@ccess24 home banking site.

Sandra Sheffey, president and CEO at The Family Credit Union, said: "Mobile phones are an integral part of our daily lives, and we wanted to bring our members the convenience of managing their finances while on the go.

"Our initial expectation was that the Mobile Money service would appeal to our Gen Y members, but we are seeing strong interest among baby boomers and some of our older members as well. These easily accessible mobile financial services are appealing to a wide range of members."

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In a press release out on November 4, New Person-to-Person Payment Service from Fiserv Enables Consumers to Send Money to Anyone through Their Financial Institution

Consumers express strong interest in using a personal payments service from their financial institution to send money to friends or family, make donations and more

BROOKFIELD, Wis., Nov 04, 2009 -- BAI RDC Booth #417 -- Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced plans for a new personal payments service that will enable individuals to quickly and easily send or receive money person-to-person using their existing online banking relationship. The service will be made available to the more than 3,100 financial institutions in the Fiserv online payment network, linking users with their friends, family, neighbors and colleagues.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009. For more information, visit www.fiserv.com.

IBM (NYSE: IBM) trading at $122.25 per share on trading volume of 2.42M shares.

In a press release out on November 4, IBM to Power LHS's Customer Care and Billing Solution

ARMONK, N.Y., Nov 04, 2009 -- IBM (NYSE: IBM) today announced that LHS, part of the Ericsson group and a leading independent software vendor (ISV) for the telecom industry, has released its BSCS iX Release 3 customer care and billing solution on IBM Power Systems running the AIX operating system. This will allow LHS customers to deploy their BSCS workload on IBM's server platform which will deliver superior performance, scale and efficiency.

About IBM

For more information on IBM please go to: www.ibm.com/telecom.

InfoSonics Corporation (NASDAQ: IFON) trading at $1.02 on a volume of 36,284 shares

In a press release out on November 4, InfoSonics(TM) Introduces the verykool(R) i305 in Central America

SAN DIEGO, Nov 04, 2009 -- InfoSonics Corporation (NASDAQ: IFON), one of the premier providers and distributors of wireless handsets and accessories serving Latin America, today announced that its verykool(R) i305 has been approved by carriers in Central America and that it anticipates the first shipments of its newest phone in the fourth quarter 2009.

About InfoSonics Corporation

InfoSonics is one of the premier providers and distributors of wireless handsets and accessories serving Latin America. For the wireless telecommunications industry, InfoSonics provides flexible and cost-effective solutions, including product assembly, purchasing, marketing, selling, warehousing, order assembly, programming, packing, shipping, and delivery. InfoSonics supports manufacturers in moving their products to agents, resellers, distributors, independent dealers, retailers and wireless network operators in Latin America. For additional information, please visit www.infosonics.com.

Dot Hill Systems Corp. (Nasdaq: HILL) trading at $1.98 on a volume of 78,098 shares

In a press release out on November 4, Dot Hill Systems Qualifies STEC Solid State Drives

CARLSBAD, Calif., Nov 04, 2009 -- Dot Hill Systems Corp. (Nasdaq: HILL), a world-class provider of entry-level and midrange storage solutions for OEMs and resellers, today announced that Dot Hill is now shipping solid state disk (SSD) drives from STEC, a leading global provider of SSD technology solutions, for use in its iSCSI, SAS and Fibre Channel arrays.

About Dot Hill

Delivering innovative technology and global support, Dot Hill empowers OEMs and resellers to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Carlsbad, Calif., Dot Hill has offices and/or representatives in China, Germany, Japan, United Kingdom and the United States.

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According to the company, Waterford Bank chose the Premier bank platform solution and outsourced account processing services to provide its primary customer base of small- and medium-sized businesses with advanced financial solutions.

To enhance its business banking capabilities, the bank will also deploy Fiserv's PayData.NET, a client server-based application that automates remittance and processing services, meeting all lockbox requirements.

In addition, Waterford selected a range of value-added Fiserv services, including remote deposit capture, treasury management, online banking and bill pay, mobile banking and electronic document management.

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