FISV - Fiserv: Bank Consolidation Hardly A Threat To The Company
No, the sky is not falling. Contrary to the popular wisdom, bank consolidation does not represent a threat to Fiserv and its peers in the financial technology industry. After briefly summarizing the company's business and the valuation, we share our key reasons for this contrarian assertion.
Company Description
A global provider of financial services technology, Fiserv, Inc. (FISV) has more than 12K clients worldwide, which include banks, credit unions, investment management firms, billers, and retailers, among others. The company provides account processing systems, electronic bill payment and presentment services, as well as card