Profile

Fiserv, Inc. is a global provider of financial services technology. The company's clients include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers. In October 2015, American Banker and BAI ranked the company third by revenue among technology providers to U.S. banks. Fiserv reported total revenue of $10.187 billion in 2019. In summer of 2018, Fiserv obtained the naming rights to the Fiserv Forum, home to the Milwaukee Bucks, for 25 years. Fiserv ranks 139th out of the 331 companies named to Fortune's 2020 'World's Most Admired Companies' list, the seventh consecutive year it has been on that list, and 10th time in the last 12 years. Fiserv dates from July 31, 1984, from the merger of Sunshine State Systems, Inc. and First Data Processing . In 1986, Fiserv went public as a $70 million data processing company. Within years of becoming public, Fiserv was serving a number of financial institutions in the United States. Fiserv employs a strategy of corporate acquisition and horizontal integration. By 2009, it had become a Fortune 500 company worth $4.7 billion with over 19,000 employees.