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Fiserv completes acquisition of Elan units

Source: Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the completion of its acquisition of the debit card processing, ATM Managed Services and MoneyPass surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

“We’re excited about the opportunities this acquisition creates for our clients, and welcome the new Elan associates to Fiserv,” said Jeffery Yabuki, President and Chief Executive Officer, Fiserv.