Big US banks explore Fiserv network deal, WSJ reports

JPMorgan and Bank of America reportedly held preliminary discussions to acquire a network owned by Fiserv, according to the Wall Street Journal, citing sources. The report is early-stage (no disclosed terms or certainty), so near-term impact is likely limited beyond potential speculation around bank/fintech infrastructure consolidation.

Analysis

JPMorgan and Bank of America reportedly held preliminary discussions to acquire a network owned by Fiserv, according to the Wall Street Journal, citing sources. The report is early-stage (no disclosed terms or certainty), so near-term impact is likely limited beyond potential speculation around bank/fintech infrastructure consolidation.