Fiserv, Inc. is a premier global provider of payments and financial technology, operating primarily through two main segments: Merchant Solutions and Financial Solutions. The Merchant Solutions segment delivers merchant acquiring, digital commerce, mobile payment capabilities, and the highly successful Clover cloud-based point-of-sale and business management platform. The Financial Solutions segment provides core account processing, digital banking, card issuer processing, network services, and financial risk management to banks, credit unions, and other financial institutions. Generating the vast majority of its revenue from recurring transaction- and account-based fees, Fiserv serves thousands of financial institutions and millions of merchants worldwide. The company significantly expanded its payment processing footprint with the 2019 acquisition of First Data Corporation, cementing its competitive position as one of the largest merchant acquirers and financial technology providers globally.
