BROOKFIELD, Wis. – Fiserv Inc. has bought the U.S. electronic lending assets of Emergis Inc., a publicly traded Canadian provider of mortgage lending processing tools. The technology is intended to add to Fiserv's end-to-end technology chain serving the mortgage lending industry, the company says. Fiserv's Electronic Partner Connection network already had been working with Emergis to help provide originators a single online point of entry for the order and delivery of mortgage-related products or services, the company says. "Our previous experience with Emergis' eLending technology convinced us this suite of services would help broaden our existing system capabilities to better address the needs of the market," said James Puzniak, group president of Fiserv Lending Solutions. "We can electronically service mortgage loans through all steps in the process, helping clients process loans even more efficiently and cost effectively." Montreal-based Emergis Inc's U.S. operations are in McLean, Va., and the employees there are expected to become Fiserv employees, the company says. Transaction terms were not disclosed.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.