Fiserv to acquire cloud-native banking solution Finxact

https://bankautomationnews.com/allposts/fiserv-to-acquire-cloud-native-banking-solution-finxact/
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Fiserv and Jack Henry made announcements today that show core providers are shifting their strategies to the cloud. Fiserv — an early investor in Jacksonville, Fla.-based core-as-a-service provider Finxact — plans to acquire the remaining ownership of the company for approximately $650 million, Fiserv said in an announcement. Through the acquisition, Wisconsin-based Fiserv will acquire […]

https://bankautomationnews.com/allposts/fiserv-to-acquire-cloud-native-banking-solution-finxact/