FI - Fiserv Inc

Fiserv, Inc. is a global provider of payments and financial services technology solutions, serving clients across various sectors including merchants, banks, credit unions, and corporate clients. The company focuses on delivering a comprehensive suite of services, including account processing, digital banking solutions, card issuer processing, and payment services. Fiserv operates through various segments, namely Merchant Acceptance, Financial Technology, and Payments, with a significant portion of its revenue derived from processing and services under long-term contracts.

In 2023, Fiserv reported total revenue of $19.1 billion, with 82% of this revenue deriving from account and transaction-based fees. The company employs a strategy that focuses on organic growth paired with acquisitions to expand its client base and geographical reach. Fiserv's integrated offerings utilize advanced technology, enabling clients to optimize their financial operations and enhance customer experiences through platforms like Clover and Carat, which facilitate seamless payments and commerce solutions.