Fiserv

Fiserv, founded in 1984, is a global provider of payments and fintech, supplying data processing and technology solutions to financial institutions and businesses. Its operations span payments technology, transaction processing, mobile banking and financial services technology, serving clients across banking, credit unions, merchant acquiring and fintech. The company operates in more than 100 countries.

Its product portfolio includes a financial institution data processing platform, originating from the merger of First Data Processing and Sunshine State Systems, which supports the operations of thousands of banks and credit unions. In 2008 the company launched what it describes as a first-of-its-kind mobile banking solution. A global payments and merchant commerce platform, expanded through the combination with First Data in 2019, powers merchant locations and issuing accounts.

The scale of that infrastructure is considerable: Fiserv reports 6 million merchant locations globally, 1.6 billion issuing accounts on file and a peak processing capacity of 25,000 financial transactions per second. The company serves thousands of financial institutions and millions of businesses, and describes its role as the infrastructure behind everyday financial interactions.

Fiserv states that it was founded on a vision to transform how financial institutions operate, with an emphasis on continuous innovation and strategic growth. Its mission is framed as moving commerce, culture and communities forward.