AI is not a strategy
FB
Frank Bisignano left JPMorgan Chase, one of the nation's largest banks, after complaints about his behavior led the company's CEO to lose trust in him, according to a Wall Street Journal article.
ZELLE = Fiserv
Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules. 1 billion dollar lawsuit
Big VIP meeting in Alpharetta
Any news on what this big VIP meeting in Alpharetta is about today? They blocked off a bunch of parking and have a security guard out in the parking lot for them today
I can't do this for much longer
After back-to-back meetings about the same things we had meetings about last week and a passive-aggressive ping from a director who can't articulate what he wants, yesterday I was tempted to google "fast food hiring near me." I'm honestly at the... — read more
WSJ Article on Frankie the fraud
Long article on FB in terms of his past at JPM and FD/Fiserv I tend to believe the accusations and love the fact he’s the lead story that brings up his past selfish and unprofessional activities. Spying, clawing his way up the ladder, seems like a... — read more
Not enough trust to fill out J’s surveys
Appreciate the effort to send out surveys to show how difficult this place is to get anything done, but history has shown that people here who complain about the insanity are considered “bad attitude “ and given the axe in the next round of layoffs.
AgentOS progress
how is this project really going? been hearing a lot of buzz inside and outside of this company. people don’t seem give a lot of credit here.
Hard work gets you nowhere
You work your butt off every single day and what do you get as a reward? More work. No promotion, no raise, just more piled on your plate. Why bother?
Is Takis worse than Lyons?
Mike Lyons has a Glassdoor approval rate of 70, while Takis has a 41. Takis, our new ceo, has a rating lower than most other CEOs. Is he this bad? Thoughts? Need to plan for my next step if he’s indeed so much worse than Mike Lyons…
No WFH due to air quality?
I would have thought that air quality being in the hazardous range would have been justification to work from home but I reckon not.
This post by HR makes me sick
The comments are very pukey too. "TIME's America's best companies list which recognizes organizations that stand out for employee satisfaction, financial performance, and sustainability transparency." What a joke. Employees are not satisfied... — read more
Clowns, Jokers, and Jesters
Fiserv is the most inept and incompetent company on the planet. If you want to watch a circus, it’s all here. My advice is don’t let anyone at this organization lower your worth. Stand up for what you believe and don’t settle for anything less.
JD Vance Details Probe Into Alleged H-1B Visa Fraud
https://www.youtube.com/watch?v=lGtCf4vw2Qw JD Vance Details Probe Into Alleged H-1B Visa Fraud : 'American Jobs Ought To Go To American Workers': USDOL issued 100's of subpoenas to H1B employers ( mostly Indian owned garage based pure Fraud... — read more
Merit Increase
Are we really going to silently accept a drop in our real salaries? At the first townhall this year we were told we'd get an update on merit increase by June. It's mid-July. No update. No explanation. Nothing. Leadership had no problem making the... — read more
Stripe, Advent offer to buy PayPal for more than $53 billion
there's a good chance that Fiserv sells more non-core businesses. www.reuters.com/business/finance/stripe-advent-offer-buy-paypal-more-than-53-billion-sources-say-2026-07-15/ Offer... — read more
New CTO flies his airplane to work
He said he flies his personal airplane to work during today’s Townhall. How much are these guys getting paid? The environmental cost… seems out of touch to casually drop that during a Townhall.
The hardest part
We have managers who have no idea what they're doing yet they insist on micromanaging every step of our work. You can just imagine how well that works out. To say it's counterproductive would be an understatement. Lay off all the useless managers and... — read more
IBM Down 25%
Ouch. I am fairly sure Fiserv still retains the largest build out for IBM.
AI costs absorption?
How can fiscam justify the push of AI now that the costs are becoming clearer? Another cost to drive share price much lower!
Mike Lyons
Truist employee here. Not a fan of BR but curious about our new CEO. Anyone want to share their thoughts?
internal intel of Star and/or Accel being sold?
seems like this could be the biggest thing happening to this company. anyone has seen any sign to confirm what the news reported?
New and Improved Fiserv Coming Soon
Honestly-the uncertainty of this company will greatly improve with new leadership who already know our clients, products and technology. I loved ML but I don’t think he had the tools to manage such a complex environment from a technology perspective... — read more
Pegasus
Has anyone else noticed something that looks like ‘Pegasus’ popping up on their screen? Not sure if I’m imagining it or if this is really happening. Posting this in case it gets taken down curious if others are seeing the same thing
Dhyvia's separation arrangement is unheard of...
For a section 16 officer to be able to negotiate an "out clause" based on the CEO's employment status is totally unheard of. Fiserv Director's will receive several "no votes" on say on pay at proxy time. The Fiserv lawyer and the CHRO who agreed to... — read more
Our clients love....
To deconvert! https://kstackpod.substack.com/p/the-real-fiserv-fight-isnt-early
Sell clover already, we are done with this Sh-t.
We are extremely frustrated with the delays and inefficiencies in processes involving Fiserv. Urgent issues require escalation, yet the communication channels themselves are creating obstacles. We are repeatedly asked to send emails, wait for... — read more
lol, Fisv stock is only $50 now
I joined FDC back in 2016 in Omaha and took a low ball salary because it was nowhere and I had to stay in there for family. FDC got my super prof service at a low price comparing to other locations in Atlanta, or NYC, etc. In 2020 during Pandemic I... — read more
The stock price since Dhivya left
Notice how much of an impact she made
Times Best Company to work for!
What a joke! How is Fiserv being named the best company to work for. Who did we pay off to get on that list
Fiserv President has resigned
What should we know? ...See full article: https://www.linkedin.com/posts/bryanclagett_fintech-payments-creditunions-share-7480737705392287744-i6sg/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACq7UQBsrEhzsmtOcUrxPw12id8cFohgfI
Takis - Changes need in FIG
The Segment leaders have been over promoted. Most have never delivered at Fiserv and then we put them in more impactful jobs hoping for different results! FIG is heavy in the SVP area (ex - Core Sales, 3 SVPs managing a handful of people... — read more
404 error
What happened — did the last two posts just disappear into thin air? Not fair. Come on, Layoff.com — you don’t want us exposing our secrets? Isn’t that literally the whole point of this site. Good luck with those ad revenues.
Layoff dot com activity
We might be the only company generating significant activity on layoff.com.i tried to click on couple of companies and the last post is like 4 days old.Is there a way to check whether other companies are being discussed as actively on this site? I’ve... — read more
The Fiserv I knew in 2019 is gone
Long gone - retired just before and during the Operation Excellence phase of the merger. After that all he-l came in from Frank. Jeff Y was gone to a house in Florida with a ton of cash. Everybody else learned SAPIENCE at the risk of termination. ... — read more
Star being shopped around
How much do you want to bet that Fiserv does sell to those big banks but the deal still has Fiserv operating the network. Meaning basically nothing changes other than some money. This allows the banks to bypass the regulations and Fiserv keeps doing... — read more
Who is selecting these executives?
The track record of the CHRO and CEO in selecting talent is abysmal. The batting average must be less than 2 out of 10 have made it including Franks failed selection of Mike Lyons himself. Where is the Board? Surely the Talent and Compensation... — read more
Unqualified Dhivya out!
Such a great day for Fiserv. She caused more problems than she fixed, and she can’t even speak properly during conferences.
Dhivya is out…what does that mean, realistically?
Lots of commentary here calling for her head and what I expect will be lots of relief, too. But realistically, what changes do we expect from this?