Fiserv is a global technology and payments company that provides the core software, processing, and services banks, credit unions, merchants, and other financial institutions rely on to move money and information. In short, it helps financial institutions process transactions, manage accounts, and deliver digital and physical payment solutions to end users.

Key things Fiserv does

• Payment processing: Debit and credit card transactions, automated clearing house (ACH) transfers, wires, and electronic bill payment for banks and other financial institutions.

• Core and banking tech: Software and platforms that support core banking, digital banking, risk and compliance, fraud prevention, and data insights for financial institutions.

• Merchant and consumer solutions: Point-of-sale systems, payment acceptance, and merchant services; consumer-facing products like digital cards and payment experiences. Examples include Clover (POS for retailers) and CardHub.

• Payments infrastructure and platforms: Omnichannel and embedded payment capabilities, sometimes branded as Carat and other platforms, to coordinate payments, experiences, and commerce for large and mid-size businesses.

Who uses Fiserv

• Banks, credit unions, and other financial institutions around the world, primarily in the United States and Canada, but with a presence in many countries. The company serves financial services clients, retailers, and other merchants through its payments and technology solutions.

Notable points

• Fiserv positions itself as a payments and fintech leader, offering a broad portfolio that combines processing, software, and hardware to support financial institutions and merchants.

• The company has a long history in the payments space, with growth through product development and acquisitions to expand its capabilities in merchant services, digital payments, and financial technology.

If you’d like, I can tailor this to a specific aspect (e.g., how Fiserv supports small banks, details about Clover, or how their payments processing works) and cite sources for those specifics.