Announced
Synopsis
Fiserv, a global provider of financial services technology solutions, agreed to acquire Ondot, a digital experience platform for financial institutions. Financial terms were not disclosed. "The importance of digital has accelerated and consumers are increasingly turning to online and mobile banking, as well as contactless payments experiences. By combining Ondot and Fiserv capabilities at scale, we plan to provide our clients with a unified digital experience, spanning card-based payments, digital banking platforms, core banking, and merchant solutions, enabling them to deliver best-in-class solutions that continue to reduce friction for their customers. We look forward to welcoming the talented Ondot team to the Fiserv family as we continue to help our clients deliver innovative ways for their customers to actively manage their financial lives – at the point of thought," Frank Bisignano, Fiserv President and CEO.
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