Fiserv is a global payments and financial technology company founded in 1984 through the merger of First Data Processing and Sunshine State Systems, with George Dalton and Leslie Muma at the helm. Headquartered in the United States and operating in more than 100 countries, it serves thousands of financial institutions - including banks and credit unions - alongside millions of businesses and merchants worldwide. In 2019, the company combined with First Data, significantly expanding its merchant services reach. Fiserv is led today by CEO Mike Lyons.
The company's infrastructure underpins a substantial share of everyday financial activity. Its transaction processing platform handles up to 25,000 financial transactions per second at peak capacity, while its issuing account services maintain 1.6 billion accounts on file. Its merchant services network spans 6 million locations globally. In 2008, Fiserv launched what it describes as a first-of-its-kind mobile banking solution, an early entry into what has since become a core part of retail banking.
Fiserv's technical domains span payments processing, mobile banking, issuing account management, merchant services, and data processing. Its products and platforms sit at the intersection of financial institutions, corporations, merchants, and consumers, handling the movement and management of money across a wide range of use cases and geographies.