Frank sold the Fiserv Costa Rica division to infinite group located in Maryland. As part of the deal, the former Fiserv associates will remain on Fiserv current engagement for a couple of years as outsourced IP, no more on Fissev’s payroll.
Next, banking division is on the way out. FB top priority is quarterly earnings, he does not give a sh-t about a single client. Just show uptick in revenue through layoffs and selling groups. This is what he did all his life. He doesn’t know how to grow revenue through customer satisfaction , and organic growth.
Expect the banking group to be out by next month to a private equity firm.
VP