Nasdaq Listed Fintech Fiserv Enters Agreement to Acquire Ond

Nasdaq Listed Fintech Fiserv Enters Agreement to Acquire Ondot, a Digital Experience Platform for Financial Institutions


Nasdaq Listed Fintech Fiserv Enters Agreement to Acquire Ondot, a Digital Experience Platform for Financial Institutions
December 17, 2020 @ 10:33 pm By Omar Faridi
Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, has entered an agreement to acquire Ondot Systems, Inc., a digital experience platform for financial institutions. The transaction is expected to expand Fiserv digital capabilities, enhancing its integrated solutions so that clients can offer a seamless, digital-first and personalized experience to consumers.
Launched in 2011, Ondot processes over 1 billion transactions each month and offers digital capabilities for more than 30 million cards. Fiserv intends to further develop the Ondot platform’s interplay between real-time authorization, user context, and AI in order to “engage users in-the-moment – before, during and after transactions,” according to a release.

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