IDC Financial Insights Ranks the Leading Global Companies Serving the Financial Services Industry
MILWAUKEE, September 9, 2024–(BUSINESS FEED)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments technology and financial services, today announced that it has been ranked #1 in the 2024 IDC FinTech Top 100 for the second year in a row. This recognition highlights the central role the company has played in shaping the financial services landscape over four decades and driving the commercial success of thousands of financial institution clients.
“In a landmark year – our 40th to provide financial solutions to banks and credit unions, this recognition from the IDC reflects the strength of the assets that Fiserv has built as the original fintech,” said Frank Bisignano, Chairman and CEO of Fiserv. “To top 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 that has helped us achieve the leadership position we hold today.
The Fortune 500 ranking categorizes and evaluates the world’s leading technology providers to financial institutions for hardware, software and/or services. These providers form the technological backbone of the financial services industry, a sector in which IDC predicts global spending will exceed $800 billion (USD) by 2026.
“Fiserv continues to grow and has once again earned the spot as the largest global provider of technology solutions for the financial services industry in the IDC FinTech Rankings 2024 program,” said Marc DeCastro, research director at IDC Financial Insights. “By providing modern financial services and payment solutions to the industry, Fiserv provides its customers with the products and services necessary to meet the ever-changing expectations of today’s customers.”
Fiserv enjoys broad reach and scale, reaching nearly 100% of U.S. households. The Company’s Financial Solutions segment is a market leader in high-recurring, recurring revenue financial IT software and services, helping small and mid-sized financial institutions level the playing field with large banks and helping large banks migrate to next generation technologies.
To thrive in a digital economy, financial services organizations must effectively adopt and integrate innovative technologies to improve customer experiences and achieve operational excellence. Fiserv and the companies featured in IDC FinTech’s Enterprise Top 10 represent organizations committed to helping financial services companies successfully execute their digital transformation initiatives for the benefit of customers around the world. IDC Financial Insights releases full year results report. To view or download, and to view the entire list, visit https://www.idc.com/research/industry/fintech-rankings.