Faster, better, experiential — those are among the terms that come to mind when one thinks about how payments are changing around the world. Here at PYMNTS, we are nothing if not keen chroniclers of change (and what it means for readers), and that’s why we recently took time to have a discussion with Deva Annamalai, director of innovation and payments strategy at Fiserv.
Fiserv provided some of the most significant payments news of the soon-to-be-expired year, making big payment waves in 2019 by purchasing First Data for $22 billion in an all-stock deal. The two companies plan to cross-sell along one continuum to create what the respective leaders of Fiserv and First Data said on a post-announcement call would be a “one-stop shop” for integrated offerings to banks, merchants and a range of service providers.