Fiserv is a financial technology company providing banking and payments technology. Its offering covers digital banking platforms for banks and credit unions, payment and commerce solutions for merchants and large enterprises, and financial connectivity for fintechs, public-sector bodies and software providers. For smaller merchants, Fiserv offers all-in-one systems for accepting payments and running the business. It is delivered as a combination of services, platforms and terminals, largely as processing hosted by Fiserv.
Fiserv, Inc. is a listed US company headquartered in Milwaukee, Wisconsin, with no foreign parent. Customer data is processed under US jurisdiction, including the CLOUD Act. Its privacy notice has a dedicated section for users in the EEA, the UK, Switzerland and Brazil, with legal bases and data subject rights. Transfers within the group outside Europe rely on Binding Corporate Rules. Which hosting locations apply to which product is not stated. The services are not open source. Organisations buying payment processing in Europe should check in the contract which Fiserv entity processes the data and where.