Company
Fiserv
Official Name: Fiserv, Inc.
Headquarters: Brookfield, WI, United States
Founded: 1984
Employees: 44,000
CEO: Mr. Frank J. Bisignano
Market Cap
$87.60 Billion
USD as of July 1, 2024
Company Description
Fiserv, Inc. delivers payment and financial services technology globally, segmented into Acceptance, Fintech, and Payments. The Acceptance segment offers point-of-sale solutions, mobile payments, and fraud protection, notably through platforms like Carat and Clover. The Fintech segment manages institutional ledgers, digital banking, risk management, and related services. The Payments segment handles card transactions (debit, credit, prepaid), digital payments, bill payments, and security products.
Top Competitors by Market Capitalization
Industry: Information Technology Services
| Company | Market Cap (USD) |
|---|---|
| Accenture | $187.38 B |
| IBM | $161.43 B |
| SinoCloud Group Ltd | $117.42 B |
| Infosys Limited | $80.73 B |
| Fidelity National Information Services, Inc. | $41.95 B |
Detailed Description
Fiserv, Inc., together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform. This segment distributes through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions, and other strategic partners. The Fintech segment offers customer deposit and loan accounts, as well as manages an institution's general ledger and central information files. This segment also provides digital banking, financial and risk management, professional services and consulting, item processing and source capture, and other products and services. The Payments segment offers card transactions, such as debit, credit, and prepaid card processing and services; security and fraud protection products; card production; print services; and various network services, as well as non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. It serves business, banks, credit unions, other financial institutions, merchants, and corporate clients. The company was incorporated in 1984 and is headquartered in Brookfield, Wisconsin.
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Stocks & Indices
Fiserv, Inc. has the following listings and related stock indices.
Stock: NYSE: FI wb_incandescent
Stock: NASDAQ: FISV wb_incandescent
Stock: BMV: FISV wb_incandescent
Stock: Bovespa: F1IS34 wb_incandescent
Stock: FSX: FIV wb_incandescent
Key People
Frank Bisignano (President, CEO and Director) Robert W. Hau (CFO and Treasurer) Guy Chiarello (COO)
Financials
Revenue: US$ 14.85 billion (2020) US$ 5.823 billion (2018)
Operating income: US$ 1.609 billion (2019) US$ 1.753 billion (2018)
Net income: US$ 914 million (2019) US$ 1.187 billion (2018)
Total assets: US$ 77.539 billion (2019) US$ 11.262 billion (2018)
Total equity: US$ 34.595 billion (2019) US$ 2.293 billion (2018)