Fiserv Inc (STU:FIV)
€ 209.3 -3.15 (-1.48%) Market Cap: 119.63 Bil Enterprise Value: 143.25 Bil PE Ratio: 42.42 PB Ratio: 4.53 GF Score: 86/100

Fiserv Inc at Deutsche Bank Technology Conference Transcript

Sep 10, 2019 / 05:15PM GMT
Release Date Price: €93.07 (-2.75%)
Bryan Connell Keane
Deutsche Bank AG, Research Division - Research Analyst

Okay. I think we'll get started. My name is Bryan Keane. I cover the Payments Processor as an IT Services here at Deutsche Bank. And we're excited to have Jeff Yabuki, who's the CEO of Fiserv with us here. Jeff, first of all, thanks for coming.

Jeffery W. Yabuki
Fiserv, Inc. - Chairman & CEO

Absolutely, Bryan. Thanks for having us. I appreciate it.

Questions & Answers

Bryan Connell Keane
Deutsche Bank AG, Research Division - Research Analyst

I guess I wanted to talk obviously about the big picture kind of strategy with the acquisition with First Data. Obviously, we've been on record. We thought First Data was undervalued. And I think you've said that multiple times in some of your comments. But can you help us understand a little more of the strategic rationale of why Fiserv wanted to get deeper into payments by acquiring First Data?

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