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Form 8-K · Current Report · Filed 2024-03-26

Fiserv, Inc. Announces Segment Realignment for Enhanced Performance

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.

Filer
Fiserv Inc. FI · NYSE
Filed
Accession
0001193125-24-077703
CIK
0000798354
Signal
Low impactTechnology

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$156.78

Next session

+1.6%

Since filing

-59.7%

Latest close

$63.24

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FI reporting the same item, with the next session's move:

Exhibits (1)

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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