Fiserv Ranked No. 1 in IDC FinTech Rankings Top 100 for Second Consecutive Year
September 09 2024 - 9:04AM
Business Wire
IDC Financial Insights ranks top enterprises
worldwide serving the financial services industry
Fiserv, Inc. (NYSE: FI), a leading global provider of payments
and financial services technology, today announced it has been
ranked in first place on the 2024 IDC FinTech Top 100 Rankings for
the second consecutive year. This recognition underscores the
company’s pivotal role in shaping the financial services landscape
for four decades and delivering business success for thousands of
financial institution clients.
“In a milestone year — our 40th of providing financial solutions
to banks and credit unions, this recognition from the IDC reflects
the strength of assets Fiserv has built as the original fintech,”
said Frank Bisignano, Chairman, President and Chief Executive
Officer, Fiserv. “Leading these prestigious rankings for a second
consecutive year is a source of pride, and I thank our associates
around the world for their hard work in helping us reach the
leading position we hold today.”
The Fortune 500-style ranking categorizes and evaluates the
leading global providers of technology to financial institutions
for hardware, software and/or services. These providers supply the
technological backbone of the financial services industry, an
industry in which IDC forecasts worldwide spending to be over $800
billion (USD) by 2026.
“Fiserv continues to grow and has again earned the spot as the
largest global provider of technology solutions to the financial
services industry in the 2024 IDC FinTech Rankings program,” said
Marc DeCastro, research director at IDC Financial Insights. “By
providing modern financial services and payment solutions to the
industry, Fiserv provides its clients with the products and
services necessary to meet the ever-changing expectations of
today’s customer.”
Fiserv enjoys broad reach and scale, reaching nearly 100% of
U.S. households. The company’s Financial Solutions segment is a
leader in the high-recurring-revenue financial IT software and
services market, helping small and medium-sized financial
institutions level the playing field with larger banks, and helping
larger banks migrate to next-generation technologies.
To thrive in a digital economy, financial services organizations
must embrace and integrate innovative technology effectively to
enhance the customer experience and achieve operational excellence.
Fiserv and the enterprises featured on the IDC FinTech Rankings
Enterprise Top 10 represent those organizations committed to
helping financial services companies successfully execute their
digital transformation initiatives for the betterment of clients
around the world. IDC Financial Insights publishes a comprehensive
report about the year's findings. To view or download, and to view
the list in its entirety, visit
https://www.idc.com/research/industry/fintech-rankings.
About Fiserv
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move
money and information in a way that moves the world. As a global
leader in payments and financial technology, the company helps
clients achieve best-in-class results through a commitment to
innovation and excellence in areas including account processing and
digital banking solutions; card issuer processing and network
services; payments; e-commerce; merchant acquiring and processing;
and the Clover® cloud-based point-of-sale and business management
platform. Fiserv is a member of the S&P 500® Index and has been
recognized as one of Fortune® World’s Most Admired Companies™ for 9
of the last 10 years. Visit fiserv.com and follow on social media
for more information and the latest company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20240908275285/en/
Fiserv Media Relations: Mark Jelfs Senior Manager,
Communications 262-737-8244 mark.jelfs@fiserv.com Additional
Fiserv contact: Chase Wallace Director, Communications +1
470-481-2555 Chase.wallace@fiserv.com
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