Trintech Acquires Financial Reconciliation Business From Fiserv; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Trintech has acquired the financial reconciliation business from Fiserv. The acquisition includes two leading reconciliation solutions, further enhancing Trintech's portfolio of capabilities. The terms of the deal were not disclosed.
July 25, 2023 | 9:04 pm
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Fiserv has sold its financial reconciliation business to Trintech. The terms of the deal were not disclosed.
The sale of the financial reconciliation business could be part of Fiserv's strategy to focus on its core operations. However, without details on the financial terms, it's difficult to assess the immediate impact on Fiserv's stock.
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