United States [LOGO OF AMERICAN APPRAISAL International ------------- ASSOCIATES(R) APPEARS HERE] ------------- Atlanta Milwaukee Brazil Mexico Boston Minneapolis 411 East Wisconsin Avenue Canada Morocco Buffalo New Orleans Suite 1900 China Philippines Charlotte New York P.O. Box 664 Croatia Portugal Chicago Oak Lawn Milwaukee, Wisconsin 53202-0664 Czech Republic Russia Cincinnati Philadelphia Telephone: (414) 271-7240 England Spain Dallas Pittsburgh www.american-appraisal.com Germany Taiwan Denver Princeton Greece Thailand Detroit Schaumburg Hong Kong Turkey Houston St. Louis Hungary Venezuela Irvine San Francisco Italy Jacksonville Seattle Japan Los Angeles CONSENT OF INDEPENDENT APPRAISER -------------------------------- American Appraisal Associates, Inc. ("AAA") hereby consents to the incorporation by reference of its preliminary conclusions of value in this Registration Statement of Fiserv, Inc. on Form S-4 ("Form S-4"). Specifically, AAA consents to Fiserv's reference to the stated preliminary conclusions of value of $55.9 million for the intangible assets included in the preliminary purchase price allocation for the CNS acquisition, referenced in "Note 2. Acquisitions" of Fiserv's 2002 10K filing, which is incorporated by reference into Fiserv's Form S-4. AMERICAN APPRAISAL ASSOCIATES, INC. By /s/ Dale J. Egan ------------------------------------- Dale J. Egan General Counsel Milwaukee, Wisconsin August 8, 2003