Fiserv Tops 2023 Idc Fintech 100

By Author: Arina Smith
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Fiserv, Inc. (NYSE: FI), a global leader in payments and financial technology solutions, has earned the top spot on the prestigious 2023 IDC FinTech Top 100 Rankings. This recognition highlights Fiserv's dedication to delivering innovative technology solutions to financial institutions worldwide.

The IDC FinTech Top 100 Rankings assess and categorize the leading global providers of financial technology based on revenues generated from financial institutions for hardware, software, and services in a given calendar year. The rankings rely on data from surveys completed by solution providers and comprehensive research and market analysis conducted by IDC Financial Insights.

Marc DeCastro, Research Director at IDC Financial Insights, commented on Fiserv's achievement, stating, "Fiserv has reclaimed its status as the largest global provider of technology solutions to the financial services industry, earning the Number 1 ranking in the 2023 IDC FinTech Rankings program. Fiserv continues to invest and modernize their extensive offerings to provide the industry with the solutions and services they need to remain competitive ...
... in a rapidly changing and competitive marketplace."

The companies featured in the IDC FinTech Rankings play a crucial role as the technological backbone of the financial services industry. IDC predicts that global IT spending in the financial sector will exceed $800 billion (USD) by 2026.

Frank Bisignano, Chairman, President, and Chief Executive Officer of Fiserv, expressed his gratitude for the recognition, saying, "Fiserv is dedicated to enabling the success of our clients through technology, equipping them to innovate in an ever-evolving financial services landscape. We're honored to lead the 2023 IDC FinTech Top 100 and to be named a Real Results Award winner for our work on behalf of Primis Bank, recognitions that underscore the valued trust our clients place in us, and the ability of our talented workforce to execute and drive results on their behalf."

In addition to securing the top spot on the 2023 IDC FinTech Rankings, Fiserv also received the IDC 2023 Real Results Award in the Deposit Transformation category for its collaboration with Primis Bank. This award recognizes IT providers that have enabled measurable and future-oriented changes at client financial institutions. Primis Bank utilized Fiserv's Finxact next-gen core platform to create a mobile-first digital experience, resulting in the gathering of nearly $1 billion in deposits in just six weeks.

Fiserv is committed to helping its clients keep pace with the fast-changing world by providing financial services solutions that align with modern lifestyles and work dynamics. They aim to deliver financial services at the speed of life.

About Fiserv:

Fiserv, Inc. (NYSE: FI), a Fortune 500 company, is a global leader in payments and financial technology. Fiserv strives to facilitate the movement of money and information worldwide, supporting clients in achieving exceptional results through innovation and excellence across various areas, including account processing, digital banking solutions, card issuer processing, network services, payments, e-commerce, merchant acquiring and processing, and the Clover® cloud-based point-of-sale and business management platform. Fiserv is part of the S&P 500® Index and is recognized as one of Fortune® World's Most Admired Companies™. For more information and the latest company news, visit fiserv.com and follow Fiserv on social media.