Fiserv to pay $650M to buy the rest of Finxact

Finxact’s cloud-native system will allow Fiserv to offer clients more modern and personalized account processing and payments offerings. But the deal sees Fiserv continue to sharpen its services while swallowing smaller fintechs.

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.