BROOKFIELD — Fiserv, Inc., a global
provider of financial services technology solutions, announced Thursday
its internal revenue grew 4 percent and its adjusted revenue growth
was 5 percent during the first quarter.
GAAP revenue in the quarter was $1.33
billion compared with $1.28 billion in the first quarter of 2015.
Adjusted revenue was $1.25 billion in the first quarter compared
with $1.19 billion in the first quarter of 2015, an increase of 5
percent, according to the Brookfield-based company.
“We are pleased with our start to
the year including 7 percent internal revenue growth in the Payments
segment and excellent operating performance,” said Jeffery Yabuki,
president and chief executive officer of Fiserv, in a statement.
“Our business model continues to produce high-quality revenue,
strong adjusted earnings per share and outstanding free cash