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Fiserv launches Project Elevate targeting $500M in savings and 200bps cumulative margin expansion, expects Q3 revenue to decline 1-3% before Q4 mid-single-digit growth
Fiserv (NASDAQ:FISV) CEO Takis Georgakopoulos stated the company is prioritizing customer service, platform stability, product simplification, and faster execution of its technology roadmap. The company plans an additional $100 million investment in technology infrastructure and security, with Clover and AI identified as key growth areas. Georgakopoulos noted that client departures and associated dollars were "down quite significantly" year to date in 2026 compared to 2025.
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