Trintech completed the acquisition of the financial reconciliation business of Fiserv.

Trintech, a global provider of cloud-based financial close solutions for the Office of the CFO, completed the acquisition of the financial reconciliation business of Fiserv, a global provider of fintech and payments solutions. Financial terms were not disclosed. "In this era of intense digital transformation, accounting automation, reconciliations and financial close represent a significant market opportunity. This acquisition positions Trintech to provide even more compelling financial close capabilities, broaden the reach of our partner ecosystem and drive impressive ROI for our customers. It's also the latest illustration of our holistic growth strategy – one which places a dual mandate on rapid expansion into key verticals and the prioritization of continuous innovation and talent recruitment. We are thrilled to add this powerful complement to Trintech's market-leading portfolio," Darren Heffernan, Trintech CEO.