New Fiserv CEO Frank Bisignano is set to take over in July and has quite the to do list ahead of him; he is tasked with making $1.2bn of cost cuts and $500mn in new revenue streams shareholders have been promised will come from the First Data merger; Bisignano sat down with American Banker to talk about his vision and what the financial world is set to look like after the pandemic ends; the conversation touches on how the company is handling the crisis both internally and externally as they work with clients; they added functions to their Clover platform to allow merchants to apply for PPP and partnered with SBA banks to get them loans; the First Data merger was a large focus of the interview with both executive teams working seamlessly and selflessly to get the best deal done for all parties; the conversation also talks about frustrations from banks about core vendors, innovation the company is working on and the opportunities that will inevitably come out of the pandemic. American Banker
