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fiserv, Inc.
NASDAQ-100 Component
S&P 500 Component
ISINUS3377381088 Edit this on Wikidata
HeadquartersBrookfield, Wisconsin, U.S.
Key people
Jeffery W. Yabuki

Chairman and Chief Executive Officer

Frank J. Bisignano President, Chief Operating Officer and Director

Guy Chiarello Chief Administrative Officer

Christopher M. Foskett Executive Vice President, Global Sales

Robert W. Hau Chief Financial Officer and Treasurer

Lynn S. McCreary Chief Legal Officer and Secretary

Devin B. McGranahan Executive Vice President and Senior Group President

Byron C. Vielehr

Executive Vice President and Senior Group President
  • Increase US$ 17.505 billion (2016) [1]
  • US$ 5.254 billion (2015) [2]
  • Increase US$ 1.445 billion (2016) [1]
  • US$ 1.311 billion (2015) [2]
  • Increase US$ 930 million (2016) [1]
  • US$ 712 million (2015) [2]
Total assets
  • Increase US$ 9.743 billion (2016) [1]
  • US$ 9.34 billion (2015) [2]
Total equity
  • Decrease US$ 2.541 billion (2016) [1]
  • US$ 2.66 billion (2015) [2]
Number of employees
Approximately 44,000 (October, 2019)[3]

Fiserv, Inc. (/fˈsərv/) is a global provider of financial services technology.[4] The company's clients include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers.[5] In October 2015, American Banker and BAI ranked the company third by revenue among technology providers to U.S. banks.[6] Fiserv reported total revenue of $5.51 billion in 2016.[1] In summer of 2018, Fiserv obtained the naming rights to the Fiserv Forum, home to the Milwaukee Bucks, for 25 years.[7] Fiserv has been named as 2019 Fortune World's Most Admired Companies, sixth consecutive year it has earned this recognition and 9 times in the last 11 years.[8]


Fiserv dates from July 31, 1984, from the merger of Sunshine State Systems, Inc. (Tampa, Florida) and First Data Processing (Milwaukee, Wisconsin).[9] In 1986, Fiserv went public as a $70 million data processing company.[10] Within years of becoming public, Fiserv was serving a number of financial institutions in the United States.[10] Fiserv employs a strategy of corporate acquisition and horizontal integration. By 2009 it had become a Fortune 500 company worth $4.7 billion with over 19,000 employees.[11]

Office in Hillsboro, Oregon, formerly headquarters of Corillian

Acquisitions and news[edit]



  • Information Technology, Inc., (ITI) — in Lincoln, Nebraska. This gained Premier, at that time the most widely implemented account processing platform in the United States, and grew its number of account processing clients.[11]


  • Fiserv reached $1 billion in revenue.[10]


  • General American Corporation (GAC)
  • CNS (Consumer Network Services)


  • Del Mar Database
  • Assets of U.S. eLending business from Emergis
  • Interactive Technologies
  • Administrative Services Group Inc.
  • JW Hutton
  • BillMatrix
  • VerticalPoint
  • Xcipio, Inc.


  • CareGain, Inc.
  • Asset of CT Insurance Services & CCH Wall Street


  • NetEconomy.[12]
  • CheckFree — which had itself just acquired Corillian, Carreker, and Upstream Technologies LLC.[13] Fiserv's largest acquisition to date, CheckFree was then the leading provider of online banking, online bill payment, electronic bill payment services, and software for check clearance and ACH (also known as direct debit) processing.[11]


  • Interactive Technologies, Inc. was acquired by Checkfree Investment Services, Inc. Interactive Technologies, Inc. develops, markets, and supports billing software and ancillary products for the banking and investment advisory industries. The company offers a product "Advantage Fee System" that calculates complex billing for fees and commissions.
  • i_Tech — a Montana-based item processing company that had been owned by First Interstate Bank[14]
  • The Data Center — a Texas-based item processing company that had been owned by BBVA Compass Bank[15]



  • M-Com — established in 2000 and based in Auckland, New Zealand, M-Com developed mobile banking apps.[17]
  • Maverick Network Solutions — established in 2006 and based in Brandywine Hundred, Delaware.[18]
  • CashEdge — to payment solutions, including Popmoney.[19]


  • Open Solutions, Inc. — account processing DNA platform. Fiserv paid $55 million to take on the DNA and took on $960 million in debt.[20][21]
  • Fiserv announced that it will offer Guardian Analytics products for its clients to secure online banking channels.[22]


  • Community Financial Services — from ACI Worldwide.[23]
  • Convenience Pay — from Hewlett Packard.[24]



  • Fiserv purchases Elan processing from U.S. Bank.


  • Fiserv said it will buy payment processor First Data in a $22 billion deal, making it one of the largest acquisitions in the financial technology sector. The all-stock deal is at a premium of nearly 30 percent over First Data's closing price. First Data shares rose 17.1 percent to $20.55 in early trading, while Fiserv shares fell 5.4 percent to $71. Fiserv shareholders will own 57.5 percent of the combined company and First Data shareholders will own 42.5 percent. Fiserv offered 0.303 of its shares for each First Data share. Fiserv Chief Executive Officer Jeffery Yabuki will become CEO and chairman of the combined company. After the deal closes in the second half of 2019, the combined company's adjusted earnings per share is expected increase by more than 20 percent in the first full year, the companies said. J.P. Morgan Securities was the financial adviser to Fiserv and Bank of America Merrill Lynch for First Data.
  • Fiserv completed the acquisition of First Data on Monday July 29, 2019.[27]


  1. ^ a b c d e f "FISERV INC 2016 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 23, 2017.
  2. ^ a b c d e "FISERV INC 2015 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 19, 2016.
  3. ^ Bucher, Chris (April 26, 2017). "Fiserv undergoes evaluation Brookfield headquarters". Greater Milwaukee Today. Retrieved 2017-10-14.
  4. ^ "Fiserv". Fortune. Retrieved 2018-12-31.
  5. ^ "Profile: Fiserv Inc (FISV.O)". Reuters (U.S ed.). n.d. Retrieved March 23, 2016.
  6. ^ "Top 100 Companies in FinTech". American Banker. October 13, 2015. Retrieved March 23, 2016.
  7. ^ "Milwaukee Bucks and Fiserv Inc. strike 25-year naming rights deal for new downtown arena". Milwaukee Journal Sentinel. Retrieved 2018-07-27.
  8. ^ "Fiserv Recognized as One of the World's Most Admired Companies by FORTUNE for Fifth Consecutive Year". Business Wire. 2018-01-19.
  9. ^ Silvers, Amy Rabideau (November 18, 2011). "Fascination with Computers Put Dalton on Path to Fiserv". Milwaukee Journal Sentinel. Retrieved March 23, 2016.
  10. ^ a b c Fiserv, Inc. (n.d.). "About Fiserv". Retrieved March 23, 2016.
  11. ^ a b c d Fiserv, Inc. (July 31, 2009). "Fiserv Celebrates 25th Anniversary by Remembering Founders and Serving Clients". (Press release). Retrieved March 23, 2016.
  12. ^ "Fiserv Acquires Global Financial Crime Management Leader, NetEconomy". Retrieved 2017-11-17.
  13. ^ "Corillian purchaser CheckFree bought by Fiserv". Retrieved 2017-11-17.
  14. ^ "First Interstate selling Billings-based company" Retrieved 18 April 2009.
  15. ^ "Fiserv Acquires The Data Center from Compass Bank (NASDAQ:FISV)". Retrieved September 9, 2009.
  16. ^ "Fiserv acquires AdviceAmerica - BusinessWeek". 2011. Retrieved 2 August 2011.
  17. ^ Cohen, Stessa (3 March 2011), With M-Com Deal, Fiserv Becomes Lead Vendor in Mobile Retail Banking (PDF), Gartner, retrieved 1 February 2013
  18. ^ Starkey, Jonathan (11 March 2011), "Delaware debit firm bought by Wis. company", Delaware Online, Gannett, OCLC 38962480, retrieved 12 March 2011
  19. ^ "Fiserv completes acquisition CashEdge", Yahoo! Finance, Yahoo!, 14 September 2011, retrieved 22 September 2011
  20. ^ "Fiserv Buys Open Solutions to Grow Financial Services", Bloomberg, Bloomberg, 15 January 2013, retrieved 15 January 2013
  21. ^ Camhi, Jonathan (January 15, 2013). "Fiserv Acquires Competitor Open Solutions". Retrieved March 23, 2016.
  22. ^ Fiserv, Inc. (October 23, 2013). "Fiserv Offers Guardian Analytics for Financial Institution Clients to Secure Online Banking Channels". (Press release). Retrieved March 23, 2016.
  23. ^ "Fiserv buying digital banking business from ACI Worldwide for $200 million", Milwaukee Business Journal, Milwaukee Business Journal, 21 January 2016, retrieved 24 October 2017
  24. ^ "Fiserv profit on sale business interest | BizTimes Media Milwaukee". BizTimes Media Milwaukee. 2016-05-06. Retrieved 2017-11-16.
  25. ^ "Fiserv Moves to Reinvent Payments Infrastructure with Acquisition Dovetail". Retrieved 2017-11-16.
  26. ^ "Fiserv completes Monitise acquisition | BizTimes Media Milwaukee". BizTimes Media Milwaukee. 2017-09-01. Retrieved 2017-11-16.
  27. ^

External links[edit]