Fiserv Ratchets Up R&D Spend, CEO Says

SAN JOSE, Calif. — #Fiserv has increased its research-and-development spending to 7% of revenue this year, up from 5% last year, CEO Jeff Yabuki said at the Bank Innovation 2017 conference here on Monday. In 2016, Fiserv recorded $ 5.5 billion in revenue &8212; which means somewhere around $ 385 million flowing into tech. The company expects that number […]
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