Fiserv’s Revenue by Segment (2016-2022)

This statistic highlights Fiserv’s Revenue by Segment, split across Acceptance, Payments, Fintech, and Corporate and other segments, reported on a quarterly basis from Q1 2016 onwards.

Fiserv’s Revenue by Segment

(All figures are in billions, except percentages)

The total revenue earned gradually increases. The highest revenue recorded was $4.163 billion in the latest quarter. The revenue rise from Q2 to Q3 2021 was 2.76% and the YoY surge from Q3 2020 to 2021 was 9.96%.

Acceptance

This segment offers a broad range of commerce-enabling solutions, along with that, they provide services to merchants of all sizes in the world. Services like mobile payment, point-of-sale merchant acquiring and digital commerce services, protection products against fraud, their omnichannel commerce solution, and their cloud-based point-of-sale platform called Clover. Fiserv’s products and services are distributed in this segment through various channels which include direct sales teams, independent vendors of software, agent sales forces as a part of strategic partnerships, and financial institutions. In addition to this, there are other strategic partners who are in the form of revenue sharing alliances, referral agreements, and joint venture alliances.

Acceptance is the largest revenue-contributing segment of all. Revenue gradually grows through the passing quarters, thereby peaking in the latest quarter at $1.716 billion. A QoQ growth of 3% was marked from Q2 to Q3 2021. Revenue from Q3 2020 to 2021 recorded year-over-year growth of 18%. Acceptance’s revenue mix grew after Q3 2020 and remained constant in Q2 and Q3 2021 at 41%.

Payments

This segment provides global corporate clients as well as financial institutions with services and products that are needed for processing digital payment transactions. This comprises transactions like prepaid card processing and services, various network services, credit, debit, security & protection products against fraud, print services, and production of cards. This segment also offers non-card digital payment services and software which includes payment of bills, person-to-person payments, transfers that are account-to-account, products that are protective against frauds, and e-billing.

This second-highest revenue grossing segment recorded its highest revenue in the latest quarter. This revenue recorded was $1.471 billion which had grown from Q2 to Q3 2021 by 3.52% and year-over-year growth from the third quarter of 2020 to 2021 was 6.06%.

Fintech 

This segment provides technology solutions to financial institutions in the world. They need such solutions for running their operations, which include services and products for enabling financial institutions in processing loan amounts and customer deposits, and managing the general institutional ledger and files of central information. This global Fintech segment additionally provides financial and risk management, digital banking, professional consulting and services, source capture and item processing, as well as other services and products supporting multiple financial transaction types.

Revenue from Fintech has been consistently advancing along with the quarters. The highest revenue recorded was in Q3 2021 with $0.761 billion. Revenue growth from the second to the third quarter of 2021 was merely 0.93%. YoY rise from Q3 2020 to 2021 was 4.68%.

Corporate and other

Other reportable segments are supported by Corporate and other. It comprises amortization of intangible assets that are acquisition-related, unallocated corporate expenditure, along with other activities that management does not consider while evaluating segment performance—like losses or gains on investments or business sales, acquisition, and divesture activity-related costs, and Fiserv’s Output solutions postage reimbursements.

This segment has consistently recorded the least revenue. From the above-given timeline, the highest revenue grossed by the segment was in Q3 2020 at $0.218 billion. Revenue in the latest quarter was $0.215 billion thereby marking a YoY revenue decline of 1.38%. QoQ growth (from Q2 to Q3 2021) was 2.38%.

About the Company

Founded in 1984, this company is one of the leading global providers of financial services technology solutions as well as payments. They are traded publicly on the Global Select Market of NASDAQ and are a part of the S&P 500 Index. Their global clients include credit unions, banks, corporate merchants and clients, and finance institutions. They assist clients in achieving results that are best-in-class. This is done through their commitment towards innovation and excellence in areas that include account processing and digital banking solutions. They are present in several geographic regions like EMEA, APAC, Latin America, the United States, and Canada.

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