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Fiserv completes acquisition of third-party debit processing solutions of Elan Financial Services

BROOKFIELD, WI (October 31, 2018)Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

“We’re excited about the opportunities this acquisition creates for our clients, and welcome the new Elan associates to Fiserv,” said Jeffery Yabuki, President and Chief Executive Officer, Fiserv.


About Fiserv

Fiserv, Inc. (NASDAQ:FISV) enables clients worldwide to create and deliver financial services experiences in step with the way people live and work today. For 35 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiservis a member of the FORTUNE® 500 and has been named among the FORTUNE Magazine World's Most Admired Companies® for five consecutive years, recognized for strength of business model and innovation leadership. Visit fiserv.com and follow on social media for more information and the latest company news.

Contacts

Ann Cave
Director, Public Relations
Fiserv, Inc.
678-325-9435
ann.cave@fiserv.com

Marcus Hardy
Manager, Public Relations
Fiserv, Inc.
801-823-5534
marcus.hardy@fiserv.com

Fiserv, Inc.
255 Fiserv Dr.
WI, Brookfield 53045
United States

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