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Atlanta, Georgia Office

3930 East Jones Bridge Road
Atlanta
GA
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Owings Mills, MD Office

25 Crossroads Drive, Suite 200
Owings Mills
MD
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Los Angeles Office

11150 Olympic Blvd, Suite 600
Los Angeles, CA
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The Hague, Holland Office

Loire 200-202
The Hague
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London, UK Office

Baker's Hall 7 Harp Lane
London
GB

Singapore Office

30 Cecil St. #22-02/08 Prudential Tower
Singapore
SG

Scottsdale, Arizona Office

7272 E. Indian School Road
Scottsdale
AZ
US

Jersey City, NJ Office

10 Exchange Place, 23rd Floor
Jersey City
NJ
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Brookfield, Wisconsin Head Office

255 Fiserv Drive
Brookfield
WI
US

Sydney, Australia Office

Level 14 124 Walker Street
North Sydney
AU

Luxembourg Office

4 Rue d'Arlon
Luxembourg
LU

Uxbridge, UK Office

7 Roundwood Ave
Uxbridge
GB

Lake Mary, Florida, US Office

600 Colonial Center Pkwy
Lake Mary
FL
US

Telephone

617-217-2816

Contact

Melanie Cousins
[email protected]
Back to all Fiserv announcements

Valero Energy Corporation Selects Cash Management Solutions from Fiserv for its Retail Stores

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Valero Retail Holdings, Inc., a subsidiary of Valero Energy Corporation, has selected the CorPoint(TM): Deposit Manager cash management solution for use in the company's North American retail stores. By using CorPoint: Deposit Manager from Fiserv, Valero will be able to deploy an armored-carrier agnostic remote cash capture solution and select smart-safe hardware devices that best meet the needs of its retail stores.

"Valero, a Fortune 500 international fuel manufacturer, had previously been using a fragmented remote cash capture solution and had outgrown its armored carrier solution," said Brian Jorgenson, vice president of Operations, Cash and Logistics, Fiserv. "It needed a cost-effective, automated solution for easy implementation across its retail stores nationwide. Through CorPoint: Deposit Manager, Fiserv is able to provide that."

CorPoint from Fiserv will provide Valero near real-time information delivered from smart safes in Valero retail stores to the company's central site to ensure consistent accounting and bank reconciliation procedures are maintained. Since the Fiserv remote cash capture solution is armored-carrier agnostic, Valero can choose the most cost effective armored carrier provider, while still maintaining use of consistent smart-safe manufacturers.