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Since our beginning in 1984, Fiserv (NASDAQ:FISV) has grown by finding the right resources to meet clients' strategic and day-to-day technology needs – developing industry-leading solutions, establishing key business partnerships, and acquiring and integrating entrepreneurial companies.
July 1984 – Fiserv formed as First Data Processing and Sunshine State Systems merge
We began by combining two large regional providers of financial services data processing for small banks and thrifts, Sunshine State Systems of Tampa and First Data Processing of Milwaukee. These two firms joined to form the first large national financial services company.
Fiserv was the first to launch the national data processing concept and now is an international corporation. In 1986, we went public as a $70 million data processor, adding credit union services with our 1988 acquisition of Minnesota On-Line, Inc. Within four years, Fiserv was serving some of the nation’s largest financial institutions.
As financial service organizations' needs grew, so did Fiserv's array of solutions – and its pattern of strong acquisitions. The team sought out profitable, well-run companies whose managers were willing to carry on their good work with the support of Fiserv resources.
In 1990 Fiserv expanded its electronic funds capabilities through the acquisition of California-based GTE EFT Services Money Network and GTE ATM Networks. We entered the card fulfillment market in 1992 through Indianapolis-based Data Holdings, Inc.
With each step forward the Fiserv team has focused on generating the solutions that matter to clients. Today, as a Fortune 500 multi-billion dollar global corporation, we offer clients an unmatched array of innovative solutions built on a foundation of service-oriented architecture and supported by the highest-quality client service.
2007 – Fiserv acquired CheckFree, the world leader in online bill pay
In 2007, Fiserv acquired CheckFree Corporation, the world leader in online bill pay and presentment. As our largest acquisition to date, CheckFree brought Fiserv new technology, including Corillian and Carreker that sets the company apart from its competition. This combination encourages innovative thinking, anticipating the clients' needs, and developing award-winning technology.
In short, Fiserv's history and future is about connecting clients with success and helping them to achieve best-in-class status. Now we serve more than 16,000 clients worldwide, Fiserv is the world’s leading provider of innovative technology for financial services, including banks, credit unions and thrifts
2009 Fiserv launches one brand strategy, one name and one brand identity
In the future we see ever more possibilities for our partners. We transform numbers into intelligence by unlocking the power of data, enabling our clients to create an enriched experience – one that will change the way customers view money, time and opportunity.
Join us in this transformation of the financial services industry.
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