About the Company
Fiserv, Inc. is a multinational company that offers financial services and solutions. It was established in 1984 when two processing companies – Sunshine State Systems, Inc. and First Data Processing merged their business operations. This merger created Fiserv, Inc., as a national data processing organisation. In 1986, Fiserv became a public company, and its shares began trading on the NASDAQ Stock Market. Fiserv shares trade under the ticker symbol of FISV. FISV shares are included as a component under two stock market indices - NASDAQ 100 index and S&P 500 index. As of 2020, it operates internationally in more than 100 countries. Its operations cover all key regions around the world, namely the United States and Canada, Asia and South Pacific (APAC), Central America, South America, Caribbean and Mexico (LATAM), Europe, Middle East and Africa (EMEA). The company is headquartered in Brookfield, Wisconsin, United States.
Over the years, FISV has acquired several companies and expanded its corporate presence. In 1995, it bought-off Information Technologies, Inc. and placed itself at the forefront of client/server banking solutions. The company made numerous acquisitions in 2005, including Interactive Technologies, Del mar Database, JW Hutton, BillMatrix, and Xcipio, Inc. In 2007, it purchased CheckFree Corporation, a world leader in financial e-commerce products and services, in a $4.4 billion transaction. This was also the largest acquisition by Fiserv, Inc., as of 2020. In 2009, it made a debut on the list of Fortune 500 companies with a net worth of $4.7 billion. Its latest acquisition as of 2020 was the purchase of Bypass Mobile, an independent software vendor (ISV).
Fiserv, Inc. was included in the list of Fortune 500 companies for the fifth consecutive year in 2020, wherein it ranked 311th. FISV was recognised by Fortune Magazine as one of the World’s Most Admired Companies. It also held the 411th rank on Forbes’ list of Global 2000 companies. Fiserv, Inc. was one of the top 10 companies on the 2020 IDC FinTech Rankings.;
|Industry||Information Technology Services|