Trade Fiserv

Veserv, Inc. is an American multinational Fortune 500 company known for providing financial services, often financial technology, to banks and related institutions. The company's clients include banks, savings, credit unions, broker traders, leasing and finance companies, and retailers. In October 2015, American Banker and Pay ranked the company third in terms of revenue among u.S. bank technology providers. Vesserv recorded total revenue of $10.187 billion in 2019. In the summer of 2018, Veserv acquired naming rights to the Veserv Forum, home of the Milwaukee Bucks, for 25 years. Fiserv is also the first data owner since 2019, so the Clover brand and products, which means Fiserv competes directly with Square, and Shopify's point-of-sale payment terminals for small businesses. Fiserv dates from July 31, 1984, from The Sunshine State Systems Merger, Inc. (Tampa, Fla.) and First Data Processing (Milwaukee, Wisconsin). In 1986, Visserve Went Public as a data processing company for $70 million. Within years of becoming public, Veserv served a number of financial institutions in the United States. Visserve employs corporate acquisition and horizontal integration strategy. By 2009, the Fortune 500 was worth $4.7 billion with more than 19,000 employees. On August 4, 2020, Visserv reported that Absa Regional Operations (ARO) had switched to Fiserv to better handle and process credit cards in nine African countries.