BROOKFIELD, Wis. — Fiserv said 2012 was a record-setting
year for its automotive loan origination system.

Officials highlighted that more than 10.8 million loan
applications and 3.7 million contracts were processed through the Fiserv's auto
lending platform, marking a 31- and 33-percent year-over-year increase for
applications and contracts, respectively.

Fiserv explained the growth reflects the return to health of
the automotive industry that was driven, in part, by renewed consumer demand
following the past year's uptick in the economy., , Fiserv president of lending
solutions Kevin Collins stated the industry has witnessed the emergence of both
established and new lenders vying to meet the needs of growing segments.

"We are seeing continued growth in the sector due to
favorable interest rates and pent-up consumer demand, which contributed
significantly to the record-setting volumes being supported by our automotive
loan origination system," Collins said.

Collins went on to note Fiserv technology can give lenders
access to robust workflow tools that help them view their borrowers and their
auto lending portfolios more holistically. This tool can enable them to make
smarter decisions and fund the most appropriate type of loans.

"Three key elements are currently driving best-practice use
of auto finance technology: third-party collaboration and integration of
applications that offer seamless services, eContracting and other digital
initiatives that eliminate paper and reduce costs and business process
outsourcing, which delivers high-quality services as an extension of a lender's
business," Collins said.

Fiserv reiterated its automotive loan origination system is designed
to be a comprehensive end-to-end solution for automotive originations, from
electronic application capture through efficient credit processing, funding
verification, validation and booking of new loans and leases.

"The system assures a fast and efficient origination
process, enforces compliance, mitigates risk and promotes profitable growth by
lowering processing costs," Fiserv said.

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