A conversation on embedded finance with Fiserv
/Fiserv is a Wisconsin-based fintech services provider. Founded in 1984, Fiserv is publicly listed on the New York Stock Exchange, and has more than 40,000 employees worldwide. The fintech giant has also made increased investments in embedded finance, as evidenced by its acquisition of Finxact in 2022.
To make sense of this strategy, The FR met with Cooper Thompson, Head of Product for Embedded Finance at Fiserv. Onsite at Fintech Meetup, Thompson outlined:
How, since Fiserv acquired Finxact, the latter operates under the larger Fiserv umbrella;
What embedded finance solutions Fiserv offers its clients;
How Fiserv sees embedded finance’s future at the intersection of issuing and acquiring, and the role of its CommerceHub in that initiative; and
How Fiserv has reacted to BaaS enforcement actions.