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Fiserv seeks asset sales and doubles savings target to $1 billion

Fiserv has started discussions with potential buyers for the sale of certain assets, according to its CEO. The company has also increased its cost savings target to $1 billion.

This move signals possible changes in Fiserv’s business structure and priorities. For banks and payment firms, asset sales and cost-saving measures could affect service models, pricing, and future collaborations. Executives should monitor for further announcements that could influence vendor relationships or market share.

Payments Dive
Payments Dive