Fiserv making $650 million acquisition to advance digital banking strategy

Fiserv Inc. corporate headquarters in Brookfield
Fiserv Inc. corporate headquarters in Brookfield

Last updated on February 9th, 2022 at 11:46 amBrookfield-based Fiserv Inc. plans to acquire Jacksonville-based Finxact in a deal aimed advancing the company’s digital banking efforts. Fiserv was an early investor in Finxact, which has developed a cloud-native banking system that allows banks to quickly offer new products and services. The company will now pay

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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