Fiserv making $650 million acquisition to advance digital banking strategy

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Brookfield-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 around $650 million to acquire the remaining ownership

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