In the dynamic world of digital finance, Fiserv, under the leadership of CEO Frank Bisignano, is actively seeking to bolster its digital capabilities through strategic acquisitions.
Bisignano’s recent remarks at Evercore ISI’s Payments and Fintech Innovators Forum highlighted the company’s proficiency in integrating acquired entities into its expansive platform, thereby
generating significant economic value. He cited past successful acquisitions, such as:
These deals are only some examples of Fiserv’s stated commitment to enhancing its digital prowess and market reach.
Fiserv’s Market & Acquisition Strategy Goes Beyond Portfolio Expansion
Fiserv’s acquisition strategy is not just about expanding its portfolio but also about driving digital innovation and addressing the evolving needs of the market. The potential acquisition of
Shift4 Payments, a payment processor with a strong foothold in the hospitality industry, is a testament to this approach. Shift4’s expertise in serving restaurants, hotels, stadiums, and entertainment venues with its software and payment processing services could complement Fiserv’s existing offerings and contribute to its revenue growth.
Fiserv: Determined to Remain at the Forefront of Innovation
This strategic maneuvering by Fiserv underscores the importance of digital capabilities in the financial sector and the company’s determination to remain at the forefront of innovation. As
Bisignano aptly put it, “I would like to see us be able to do more of those things.”
Continue reading the full article by Caitlin Mullen for a deeper dive into Fiserv’s acquisition strategy and its potential impact on the digital finance landscape.