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Fiserv Inc.
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Fiserv Inc.

Fiserv, Inc. Announces Segment Realignment for Enhanced Performance

| 8-K |Technology

Summary

Fiserv, Inc. is realigning its reportable segments into two new segments: Merchant Solutions and Financial Solutions, effective for the quarter ending March 31, 2024. This realignment is designed to further enhance operational performance in delivering integrated products and solutions to its financial institution clients. The Company is also providing updated supplemental segment financial information to recalculate certain non-GAAP measures for the quarters in 2023 and 2022 as well as the full years 2023 and 2022.

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General Statement Corporate Update Exhibits Furnished

Exhibits (1)

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About Fiserv Inc.

Fiserv Inc. is a leading global provider of financial services technology solutions. The company's primary function is to offer comprehensive financial service offerings aimed at improving customer experiences and streamlining operations for financial institutions. Fiserv specializes in digital banking solutions, card and payment services, risk management, and core account processing. Its technology enhances transaction efficiency and security for banks, credit unions, and other financial entities across various sectors. Notable for its influence in the financial technology sector, Fiserv develops innovative platforms that facilitate seamless payment processing and data analysis. This integration supports businesses in optimizing their payment technologies and customer data management. The company's robust suite of services plays a crucial role in the digital transformation of financial services, making it a significant entity in the market. Fiserv's impact extends worldwide, catering to clients ranging from small community banks to large global financial service providers. With a focus on advancing the digital economy, Fiserv drives growth and efficiency in financial transactions globally, ensuring its place as a pivotal player in the financial technology industry.

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