Largest credit union core processor says it earned $4.45B in 2013, up 10% from 2012.
Financial reports show growth in clients, income, companies say.
Financial services technology provider reports $4.2 billion in 2012 revenue, additions to mobile banking, bill pay client lists.
Jeffrey Yabuki sees combining of flagship platforms and addition of new products as pluses.
Core processor sold to financial services giant for $55 million in cash and $960 million in acquired debt.
EPS growth of 20% in the fourth quarter helped propel the year-end figure to the new record, the company said.
Payments specialist now a Fiserv division; co-founder stays on as president.
The purchase has been billed by Fiserv, already a leader in financial services technologies, as accelerating the company’s digital payments and channel strategies.
Fiserv Inc. has begun the new year by naming a former CEO of H&R Block and senior IRS official as its new executive vice president and chief operating officer.