Form 10-Q · Quarterly report

Fiserv 10-Q, filed Aug 7, 2026

Filed
CIK
0000798354
Accession no.
0000798354-26-000031
AI-generated summary

Summary

Fiserv disclosed in its August 2026 quarterly report that it agreed in May 2026 to sell its student loan servicing business, with the transaction expected to close in the third quarter of 2026, and that in August 2026 it formed the MoneyPass Group joint venture, retaining a 49% interest covering its MoneyPass Network, ATM Managed Services and Cash Intelligence businesses. The company also described the One Fiserv action plan launched in the third quarter of 2025 and a series of acquisitions completed between March and December 2025 for an aggregate purchase price of $857 million.

Key points

  • Fiserv acquired eight businesses between March 2025 and December 2025 for an aggregate purchase price of $857 million, net of $84 million of acquired cash and including earn-outs valued at $35 million.
  • Fiserv acquired the remaining 49.9% interest in AIB Merchant Services for $420 million in September 2025 and the remaining 19% of ICICI Merchant Services for $22 million in April 2025.
  • The Wells Fargo Merchant Services merchant alliance expired in April 2025, with Fiserv receiving a $453 million cash payment and signing a multi-year agreement to process for Wells Fargo's merchant business.
  • The One Fiserv action plan, launched in the third quarter of 2025, is built on five pillars including the Clover small business platform, embedded finance and stablecoin, and AI-enabled operational efficiency.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Overview Company Background We are a global leader uniting commerce and finance. At the intersection of banking and commerce, we power sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital 34 Table of Contents banking, merchant acquiring, network services, e-commerce, and Clover®, the all-in-one business management platform. Most of the products and services we provide are necessary for our clients to operate their businesses and are therefore non-discretionary in nature. …

An excerpt of the text as filed with the SEC, cut for length.

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