Fiserv Inc at Evercore Payments and Fintech Innovators Forum (Virtual) Transcript

Mar 04, 2021

Mar 04, 2021 / 03:15PM GMT
David Mark Togut - Evercore ISI Institutional Equities, Research Division - Senior MD

Welcome back to Evercore ISI's Fifth Annual Payments and Fintech Innovators Forum. I'm David Togut, payments and processing analyst. Delighted to welcome Fiserv Chief Executive Officer, Frank Bisignano. Welcome, Frank.

Frank J. Bisignano - Fiserv, Inc. - President, CEO & Director

Thanks for having me. Thank you very much. Good to be here.

Questions and Answers:

David Mark Togut - Evercore ISI Institutional Equities, Research Division - Senior MD

The #1 question I receive about payments industry and about the merchant acquirers, in particular, is whether omni-channel payments companies with their roots at the physical point-of-sale can succeed as a secular shift toward e-commerce accelerates during COVID and potentially beyond. How is Fiserv's merchant acquiring business positioned to succeed in a world that's accelerating toward e-commerce? And is -- and is the Carat offering comprehensive enough? Or do you need to acquire

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