BNET Industries

Market Cap:$7.1B
Last Fiscal Year Sales:$3.9B
  • Public
  • US
Dow Jones Description

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007.

Group PresidentRahul Gupta
Number of Employees 20,000
Contact Information

255 Fiserv Dr

PO Box 979

Brookfield, Wisconsin 53045-5815

www.fiserv.com

(262) 879-5000

NAICS Code Data Processing, Hosting, and Related Services: 518210

Recent Events

  • CORRECT: PRESS RELEASE: Delta Community Credit Union Selects Mobile MoneySM from Fiserv

    6/25/09 - Licensing / Contract - View Story

  • Bangkok Bank Deploys Payment Solution from Fiserv

    6/19/09 - Licensing / Contract - View Story

  • Fiserv names business development director

    6/18/09 - Mgmt. Change Entering - Business Development - View Story

  • American Savings Picks Fiserv for Core Upgrade

    6/17/09 - Licensing / Contract - View Story

  • Bangkok Bank Launches Advanced All-in-One Mobile Banking and...

    6/16/09 - Joint Venture / Alliance - View Story

  • Bangkok Bank selects Fiserv's Mobile Money service

    6/17/09 - Licensing / Contract - View Story

  • Market Report -- In Play FISV

    6/08/09 - Bond / Stock Rating - View Story

  • American Savings Bank selects Fiserv to provide banking solution

    6/09/09 - Licensing / Contract - View Story

  • Check Into Cash Inks Walk-in Bill Payment Pact with Fiserv

    6/06/09 - Licensing / Contract - View Story

  • Check Into Cash Partners With Fiserv

    6/03/09 - Joint Venture / Alliance - View Story

  • Fiserv Releases New Version of TradeFlow, Adds Post-trade Processing for Credit Derivatives

    6/02/09 - Product Announcement - View Story

  • Check Into Cash Signs Walk-in Bill Payment Agreement with Fiserv

    6/02/09 - Joint Venture / Alliance - View Story

  • Fiserv Releases TradeFlow 2.4

    6/01/09 - Product Announcement - View Story

  • Fiserv Rolls Out 'Mobile Money FastTrack'

    6/04/09 - Product Announcement - View Story

  • Fiserv Will Provide Fannie Mae with Real-time Data Transmission from Its Loan Servicing Platform

    5/07/09 - Licensing / Contract - View Story

  • TSC Ratings' Updates: Chesapeake Energy

    5/05/09 - Bond / Stock Rating - View Story

News & Analysis

fiserv inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Rahul Gupta Group President
Stephen Olsen Group President, Internet Banking and Electronic Payments
Charles W. Sprague Chief Administrative Officer
Douglas J. Craft Chief Financial Officer
Kenneth R. Jensen Chief Financial Officer, Treasurer and Assistant Secretary
Kenneth R. Jenson CFO, Senior Executive Vice President, Tres
Norman J. Balthasar Chief Operating Officer
Tom Hirsch Chief Financial Officer
Gordon L. Schroeder Executive Vice President, HR
James Cox Executive Vice President
Steve L. Komar Executive Vice President
William A Howard Executive Vice President
Christine Dokos Senior Vice President, Marketing
Daniel F. Murphy Senior Vice President, Corp Audit
Ed McWilliams Senior Vice President, Solutions
Jack P. Bucalo Senior Vice President, Corp HR
Sara L. Brooks Senior Vice President, Strategy, Marketing
Bob Beriault Vice President
Bob Gdovic Vice President, Product Marketing
Dan Pyzik Vice President, Telecomm
Eric Duhon Vice President
Paul Vicary Vice President, Sales, Marketing
Steve Yuran Vice President, Product Development
Sue Pavlik Vice President, Travel & Risk Management
Susan Ford-Hoffert Vice President
Colin B. Kemp Director, Marketing
Marcus Taylor Director, Services
Nigel Kohler Director, Sales, Marketing
Tim Organ Director, Product Development
Albert J. Ku Senior Vice President & General Manager, Product
Judi Lettrich Manager, Marketing
Marnie Withers Manager, Marketing
Peter Schidlowski Senior Vice President & General Manager
Joseph Gibson Senior Vice President & Controller
Arleen Payne Account Executive
Les Muma Consultant
Daniel P. Kearney Director
Gerald J. Levy Director
Thomas C. Wertheimer Director

Board of Directors

Name (plus bio) Position
Donald F. Dillon Chairman
Kim M. Robak Chairman of the Nominating and Corporate Governance Committee
L. William Seidman Chairman of the Audit Committee
Doyle R. Simons Board of Directors
Glenn M. Renwick Board of Directors
Jeff W. Yabuki Board of Directors
Pete Kight Vice Chairman

With Fiserv since 2006 Born 1959 Rahul Gupta, President, Card Services. Mr. Gupta has 20 years experience serving the financial services and payment industries.

Organization Position Status
Fiserv, Inc. Group President Current
Response Analytics, Inc Board of Directors Current

With Fiserv since 2007 Born 1960 Stephen E. Olsen, Group President, Depository Institution Services. Mr. Olsen has more than 10 years experience in the electronic banking industry and 20 years experience in information technology. He joined the company when Fiserv acquired CheckFree Corporation.

Organization Position Status
Fiserv, Inc. Group President, Internet Banking and Electronic Payments Current
The Dun & Bradstreet Corporation Chief Information Officer Former
CheckFree Corporation Executive Vice President, COO & CIO Former
The Dun & Bradstreet Corporation Vice President Former
University of Massachusetts Amherst bachelor's degree in business administration Former
Organization Position Status
Fiserv, Inc. Chief Administrative Officer Current
Fiserv, Inc. Executive Vice President Former
Fiserv, Inc. General Counsel Former

With Fiserv since 1985 Born 1953 Douglas J. Craft, Executive Vice President, Depository Institution Services. Mr. Craft has more than 20 years in the financial industry.

Organization Position Status
Fiserv, Inc. Chief Financial Officer Current
Fiserv, Inc. Executive Vice President, Operating Group Former

Kenneth R. Jensen, 62, retired Senior Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary of Fiserv, Inc. With more than 35 years in the data processing industry, Mr. Jensen has been with Fiserv and served on the Board of Directors since 1984.

Organization Position Status
Fiserv, Inc. Chief Financial Officer, Treasurer and Assistant Secretary Current
Fiserv, Inc. Director Current
Fiserv, Inc. Treasurer & Secretary & Senior Executive Vice President Former
Organization Position Status
Fiserv, Inc. CFO, Senior Executive Vice President, Tres Current
Organization Position Status
Fiserv, Inc. Chief Operating Officer Current
Fiserv, Inc. Senior Executive Vice President Former

With Fiserv since 1994 Born 1963 Thomas Hirsch, Executive Vice President, Chief Financial Officer and Treasurer. Mr. Hirsch has more than 20 years experience in financial services and accounting.

Organization Position Status
Fiserv, Inc. Chief Financial Officer Current
Fiserv, Inc. Treasurer Current
Fiserv, Inc. Executive Vice President Former
Organization Position Status
Fiserv, Inc. Executive Vice President, HR Current

With Fiserv since 2001 Born 1963 James Cox, Executive Vice President, Corporate Development. Mr. Cox has more than 15 years in the financial services and health administration industries.

Organization Position Status
Fiserv, Inc. Executive Vice President Current
Brass Ring Capital Board of Directors Current
Fiserv, Inc. President, Health Former
Benefit Planners Limited President Former
Fiserv, Inc. member Former

Mr. Komar has served as chief executive officer since 2001 and has been a director since 1997 prior to becoming chairman of the Board of Directors in 2001. Mr. Komar is a seasoned executive with over 40 years of senior management experience. From 2000 until 2001, Mr. Komar served as a founding partner of C-III Holdings, a development stage financial services company. From 1991 to June 2000, he was group executive vice president of Fiserv, Inc., a company that provides advanced data processing services and related products to the financial industry. From 1980 to 1991, Mr. Komar served in a number of financial management positions with CitiGroup, including the role of chief financial officer of Diners Club International and Citicorp Information Resources, respectively. Mr. Komar is a graduate of the City University of New York with a Bachelor of Science Degree in Accounting and holds a Masters Degree in Finance from Pace University.

Organization Position Status
WidePoint Corporation Director, Chairman of the Board and CEO Current
Fiserv, Inc. Executive Vice President Current
Lockheed Martin Corporation Chief Information Officer Former
Pace University Masters Degree In Finance Former
City University of New York Bachelor of Science Degree In Accounting Former
Organization Position Status
Consumer Health World Executive Vice President, Markets Current
Fiserv, Inc. Executive Vice President Current
Fiserv Health, Inc Executive Vice President of Markets Current
Mercer Human Resource Consulting LLC Former
The Blue Cross Former
Blue Shield LLC Former
University of Richmond Master's Degrees Former
Organization Position Status
Fiserv, Inc. Senior Vice President, Marketing Current

With Fiserv since 1993 Born 1949 Daniel F. Murphy, Senior Vice President, Director of Internal Audit. Mr. Murphy has more than 30 years in the financial services industry, beginning his career with a major Wall Street banking company. At Fiserv he is responsible for audit, control, security and the primary liaison to government regulatory agencies.

Organization Position Status
Fiserv, Inc. Senior Vice President, Corp Audit Current
Organization Position Status
Fiserv, Inc. Senior Vice President, Solutions Current
Organization Position Status
Fiserv, Inc. Senior Vice President, Corp HR Current
Organization Position Status
Fiserv, Inc. Senior Vice President, Strategy, Marketing Current
Organization Position Status
Fiserv, Inc. Vice President Current
Fiserv Iss President & CEO Former
Organization Position Status
Fiserv, Inc. Vice President, Product Marketing Current
Organization Position Status
Fiserv, Inc. Vice President, Telecomm Current
Organization Position Status
Fiserv, Inc. Vice President Current
Katy Isd Board Member Current
Pepperdine University Degree In Technology Management Former
Khs Band Boosters Board of Directors Former
Pepperdine University Degree In Technology Management Former
Khs Band Boosters Member Former
Organization Position Status
Fiserv, Inc. Vice President, Sales, Marketing Current
Organization Position Status
Fiserv, Inc. Vice President, Product Development Current
Organization Position Status
Fiserv, Inc. Vice President, Travel & Risk Management Current
Organization Position Status
Fiserv Health-Harrington Benefit Services, Inc Vice President, Marketing Communicationsfiserv Hea Current
Fiserv, Inc. Vice President Current
Fiserv Health, Inc Vice President of Marketing Communications Current
Wausau Benefits, Inc. Director of Communications Former
Wausau Insurance Co Editor Former
Wausau Insurance Co Director Former
University of Wisconsin-Eau Claire Bachelor's Degree In Journalism Former
Organization Position Status
Fiserv, Inc. Director, Marketing Current
Organization Position Status
Fiserv, Inc. Director, Services Current
Organization Position Status
Fiserv, Inc. Director, Sales, Marketing Current
Organization Position Status
Fiserv, Inc. Director, Product Development Current
Organization Position Status
Fiserv, Inc. Senior Vice President & General Manager, Product Current
Organization Position Status
Fiserv, Inc. Manager, Marketing Current
Organization Position Status
Fiserv, Inc. Manager, Marketing Current
Organization Position Status
Fiserv, Inc. Senior Vice President & General Manager Current
Organization Position Status
Fiserv, Inc. Senior Vice President & Controller Current

Array

Organization Position Status
Wolfpk, Inc. Pointracs Sales Manager Current
Organization Position Status
Fiserv, Inc. Consultant Current
MGIC Board of Directors Current
Fiserv, Inc. Director Current
Fiserv, Inc. Chief Executive Officer Former
Fiserv Investor Services, Inc. CEO Former

Born 1940 Donald F. Dillon, Chairman of the Board of Directors of Fiserv, Inc. With more than 40 years in the financial and data processing industries, Mr. Dillon has served as a director since 1995.

Organization Position Status
Fiserv, Inc. Chairman Current
Information Technology, Inc. Chairman Former
Fiserv, Inc. Director Former

Kim M. Robak became a partner of the Lincoln, Nebraska law firm Ruth Mueller Robak LLC. Prior to joining Ruth Mueller Robak LLC, she was a former Lieutenant Governor for the State of Nebraska and had served as Vice President for External Affairs and Corporation Secretary for the University of Nebraska.

Organization Position Status
Rembolt Ludtke Llp Partner of the Lincoln, Nebraska Law Firm Ruth Mueller Robak Llc. Current
Ruth Mueller Robak LLC Partner Current
Lincoln Community Foundation Trustee Current
Doane College Trustee Current
Fiserv, Inc. Chairman of the Nominating and Corporate Governance Committee Current
Nebraskafoundation Board of Directors Current
Doane College Board of Directors Current
FBL Financial Group, Inc. Board of Directors Current
FBL Financial Group, Inc. Committee Member Current
University of Nebraska Vice President for External Affairs Former
University of Nebraska Partner Former
University of Nebraska Corporation Secretary Former
Ruth Mueller Robak LLC Lt Former
Lincoln Community Foundation Board of Directors Former
Executive Women's Golf Association Board of Directors Former
University of Nebraska Secretary Former
Nebraska Medical Center Board of Directors Former
Fiserv, Inc. Board of Directors Former
University of Nebraska J.D. Degree Former
University of Nebraska Ms Former
University of Nebraska - Lincoln B.S. Degree Former

L. William Seidman is a shareholder of Board Member Inc. and the publisher Bank Director magazine. Seidman was chairman of the Federal Deposit Insurance Corp. and the first chairman of the Resolution Trust Corp. He served as an assistant to President Ford for economic affairs and was co-chair of the White House conference on productivity during the Reagan administration. Seidman is a member of the National Advisory Board of Bank Compensation Strategies Inc. and has been a director of Prudential-Bache Funds, United Bankcorp of Arizona, Phelps Dodge, and the Conference Board. He was chairman and director of the Detroit branch of the Federal Reserve Bank of Chicago and served as dean of the College of Business at Arizona State University. His most recent book, Full Faith and Credit, was published in 1993 by Random House. Seidman holds an A.B. from Dartmouth (Phi Beta Kappa), LL.B. from Harvard Law School, and an M.B.A. from the University of Michigan, where he graduated with honors.

Organization Position Status
Bank Director Publisher Current
Rwb Capital Management Consultant Current
Grow Fast Grow Right Senior Advisor Current
Beard Books Current
Domain Name Trackinsider.Com Current
Fiserv, Inc. Chairman of the Audit Committee Current
Promontory Interfinancial Network, LLC Board of Directors Current
LML Payment Systems, Inc. Director Current
A.M. Stone Company, Inc. Board of Directors Current
GMAC Bank Board of Directors Current
Board Member, Inc. Board Member Current
Bank Director Director Current
Phelps Dodge Corporation Chief Financial Officer Former
Dodge Company Inc. Chief Financial Officer Former
Board Member, Inc. Publisher Former
Federal Reserve Bank of Chicago Director of the Detroit Branch Former
Federal Deposit Insurance Corporation Head Former
Federal Deposit Insurance Corporation Chairman Former
Resolution Trust Corporation Chairman Former
Federal Reserve Bank of Chicago Chairman Former
Phelps Dodge Corporation Vice Chairman Former
Dodge Company Inc. Director Former
Fiserv, Inc. Board of Directors Former
Arizona State University Board of Directors Former
University of Michigan MBA Former
Dartmouth College A.B. Former
Harvard Law School A.B. Former
Harvard University Degree Former
Organization Position Status
MGIC Investment Corporation Business Consultant & Pvt Investor Current
MBIA Inc. Financial Consultant Current
MGIC Investment Corporation Board of Directors Current
Joyce Foundation Board of Directors Current
Fiserv, Inc. Director Current
MBIA Inc. Board of Directors Current
Resolution Trust Corporation Chief Executive Officer Former
Resolution Trust Corporation President Former
Aetna Inc. Executive Vice President Former
Salomon Brothers Inc. Managing Director Former

Doyle joined the company in 1992 serving in various capacities, including corporate attorney, Director of Investor Relations, Vice President of Administration, Chief Administrative Officer and Executive Vice President. Prior to joining Temple-Inland, he was an associate with Hutcheson and Grundy, L.L.P. in Houston. Doyle serves on the Board of Directors of Fiserv, Inc. and the American Forest & Paper Association. He is a member of the Texas Governor’s Business Council and serves on the Advisory Councils of the College of Natural Sciences and the Texas Memorial Museum at The University of Texas at Austin. Doyle holds a Bachelor of Business Administration from Baylor University and a Doctor of Jurisprudence from The University of Texas at Austin.

Organization Position Status
Temple-Inland Inc. Chief Executive Officer Current
Temple-Inland Inc. Chairman Current
Fiserv, Inc. Board of Directors Current
Temple-Inland Inc. Executive Vice President Former
Organization Position Status
Guaranty Bank Current
Fiserv, Inc. Director Current
Shelter Mortgage Company, LLC Board of Directors Current
Federal Home Loan Bank of Chicago Chairman Former
Real Estate Services Providers Council, Inc Chairman Former
Federal Home Loan Bank of Chicago Director Former
Federal Home Loan Bank of Chicago Vice Chairman Former
Organization Position Status
Progressive Casualty Insurance Company President & Chief Executive Officer Current
The Progressive Corporation President & Chief Executive Officer Current
The Progressive Corporation Board of Directors Current
Fiserv, Inc. Board of Directors Current
Progressive Casualty Insurance Company Board of Directors Current
UnitedHealth Group Incorporated Board of Directors Current

Born 1960 Jeffery W. Yabuki, President and Chief Executive Officer of Fiserv, Inc. With more than 20 years in the financial services industry, Mr. Yabuki joined Fiserv and its Board of Directors in 2005.

Organization Position Status
Fiserv, Inc. Board of Directors Current
MBIA Inc. Board of Directors Current
PetSmart, Inc. Board of Directors Current
Fiserv, Inc. President & CEO Former

Pete Kight has served as a director of Akamai since March 2004. Since December 1981, Mr. Kight has been Chairman of the Board of Directors and Chief Executive Officer of CheckFree Corporation, a provider of financial electronic commerce services and products.

Organization Position Status
Akamai Technologies, Inc. Board of Directors Current
Comvest Investment Partners LLC Advisory Board Member Current
Fiserv, Inc. Vice Chairman Current
CheckFree Corporation Chief Executive Officer Former
CheckFree Corporation Chairman Former

Born 1940 Thomas C. Wertheimer, Consultant. With more than 35 years in the financial services industry, Mr. Wertheimer has served as a Director since 2003.

Organization Position Status
Fiserv, Inc. Director Current

Executive News

  • John A. Rolls Resigns from MBIA Board of Directors

    Business Wire via MSN Money - 6/22/09 - View Story

  • John A. Rolls Resigns from MBIA Board of Directors

    RBC Dain Raushcer - 6/22/09 - View Story

  • John A. Rolls Resigns from MBIA Board of Directors

    Business Wire - 6/22/09 - View Story

  • John A. Rolls Resigns from MBIA Board of Directors

    TradingMarkets - 6/22/09 - View Story

  • John A. Rolls Resigns from MBIA Board of Directors

    Street Insider - 6/22/09 - View Story

  • Fiserv Awarded 'Best Innovation in a Loyalty Program' for UChoose Rewards

    DMN Newswire - 6/19/09 - View Story

  • Fiserv Awarded "Best Innovation in a Loyalty Program" for UChoose Rewards®

    Reuters - 6/19/09 - View Story

  • Fiserv Awarded "Best Innovation in a Loyalty Program" for UChoose Rewards(R)

    Forbes.com - 6/19/09 - View Story

  • Fiserv Awarded Best Innovation in a Loyalty Program for UChoose...

    MSN Money - 6/19/09 - View Story

  • Fiserv Awarded Best Innovation in a Loyalty Program for UChoose Rewards

    Business Wire - 6/19/09 - View Story

  • Market Report -- In Play (FISV)

    Briefing.com via MSN Money - 6/08/09 - View Story

  • WidePoint Announces $12.5 Million in New Orders in Past Four Months

    Business Wire - 6/04/09 - View Story

  • UnitedHealth Group Announces Results of Annual Shareholder Meeting

    Reuters - 6/02/09 - View Story

  • Fiserv at William Blairs 29th Annual Growth Stock Conference

    MSN Money - 6/02/09 - View Story

  • WidePoint to Present at the 2009 Noble Financial Equity Conference

    Reuters - 5/26/09 - View Story

  • WidePoint to Present at the 2009 Noble Financial Equity Conference

    Forbes.com - 5/26/09 - View Story

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     FISV $45.09 -1.26 (-2.72% )
Average Volume 2,161,690
Shares Outstanding 155.60M
Market Cap 7.0B
Year High 54.67
Year Low 27.75
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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