Fiserv President and CEO Mike Lyons stated the company aims to restore its historically predictable mid-single-digit revenue growth following a difficult year for investors. Speaking at an investor conference, Lyons identified operational fixes in client service, product delivery, and technology resilience as part of this plan.
The turnaround strategy leverages Artificial Intelligence to boost revenue, cut costs, and improve the client experience. This follows Fiserv's recent partnerships with OpenAI and Cognition.
The Clover platform remains central to the company's merchant growth strategy. It targets 10% to 15% volume growth.