Fiserv Expands Credit Solutions with U.S. Bank, Targets European Growth via AIB Buyout

Fiserv, Inc. (NYSE:FI) is one of billionaire Leon Cooperman’s top stock picks with huge upside potential. On June 12, Fiserv, Inc. (NYSE:FI) and U.S. Bank announced an agreement to include the Elan Financial Services credit card program from U.S. Bank into Fiserv’s Credit Choice solution.

With the improved Credit Choice solution, banks and other financial institutions will be able to provide their clients with a digital-first experience that enables them to access and manage their credit and debit card information in one place.

Fiserv Expands Credit Solutions with U.S. Bank, Targets European Growth via AIB Buyout

The integration of new technologies will kickstart the collaboration this summer, and by the end of 2025, the portfolio should be fully converted. Throughout the shift, Fiserv, Inc. (NYSE:FI) stated it will keep assisting current customers and onboarding new financial institutions.

To spur expansion in Ireland and the European market, Fiserv, Inc. (NYSE:FI) has also announced plans to purchase the remaining 49.9% of AIB Merchant Services on June 6. This deal is expected to be finalized in the third quarter, subject to regulatory clearances and other closing conditions.

Fiserv, Inc. (NYSE:FI) is an American multinational financial technology company that primarily serves banking and fintech clients through its payment solutions and technologies, including digital banking platforms, card issuance and processing, merchant acquisition, and point-of-sale systems.

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Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.