Fiserv Inc., a company known for growing by acquisition since its creation in 1984, has announced three new acquisitions, including a credit union core processing service bureau, a mobile banking and payments provider and startup prepaid card specialist.
They are Credit Union On-Line of Waltham, Mass., Mobile Commerce Ltd. of Atlanta and Maverick Network Solutions Inc. of Wilmington, Del. Terms were not disclosed.
Aite Group analyst Christine Barry said Fiserv's flurry reflects a pickup of acquisition activity in the overall market after a recession-driven lull "even among those companies that have traditionally made a lot of acquisitions."
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