Fiserv, Inc. (FIV)

Overview

Fiserv, Inc., along with its subsidiaries, provides a comprehensive suite of payment and financial services technology on a global scale. The company operates through three primary segments: Acceptance, Fintech, and Payments. Each segment focuses on distinct aspects of payment processing, financial technology, and customer engagement, catering to various market needs through a variety of distribution channels.

Products and Services

• Point-of-Sale Merchant Acquiring and Digital Commerce Services:

  This service provides businesses with the ability to accept payments via various methods, both in-person at physical locations and through digital platforms, enhancing customer convenience and engagement.

• Mobile Payment Services:

  Fiserv offers solutions that enable businesses to accept payments through mobile devices, facilitating seamless transactions between merchants and customers.

• Security and Fraud Protection Products:

  These products aim to safeguard both merchants and consumers against fraudulent transactions, ensuring a secure payment environment across all platforms.

• Carat:

  An omnichannel commerce solution that integrates various sales channels, allowing merchants to manage transactions and customer interactions from a singular platform.

• Clover:

  A cloud-based point-of-sale and business management platform that supports transaction processing, customer engagement, and operational management for businesses of all sizes.

• Clover Connect:

  This independent software vendor platform allows businesses to integrate Clover's features with their software solutions, offering enhanced functionalities and streamlined operations.

• Customer Deposit and Loan Accounts:

  Through its Fintech segment, Fiserv provides banks and financial institutions with the tools necessary to manage customer deposit and loan accounts effectively.

• General Ledger and Central Information Files Management:

  This service enables institutions to maintain comprehensive financial records, enhancing operational efficiency and compliance with regulatory standards.

• Digital Banking Services:

  Fiserv delivers solutions that facilitate online banking, allowing customers to manage their finances, conduct transactions, and access services via digital platforms.

• Financial and Risk Management:

  Consulting and management services aimed at helping businesses and financial institutions better understand and mitigate their financial risks.

• Item Processing and Source Capture:

  These services streamline the processing of financial documents and transactions, improving efficiency for both institutions and their customers.

• Card Transactions Processing:

  This includes debit, credit, and prepaid card processing services, ensuring secure and efficient transactions for businesses and their customers.

• Print Services:

  Fiserv provides card production and other related print services, enabling financial entities to produce physical payment cards and documents.

• Non-Card Digital Payment Software and Services:

  This suite of services encompasses bill payment, account-to-account transfers, person-to-person payments, and electronic billing solutions, which enhance the flexibility and convenience of transactions.

• Network Services:

  Fiserv offers a range of network services that facilitate secure and efficient transaction processing across various platforms and channels.