Fiserv, a prominent provider of payments and financial services technology solutions, announced yesterday that the company has decided to expand its presence in New Jersey. Fiserv will add nearly 2,000 jobs to the company’s existing presence.
The fintech firm aims to invest in a new location in Berkeley Heights, New Jersey. Fiserv’s planned campus will serve as a strategic hub for technology and product innovation. The company added that its partners from different institutions including fintech firms, merchants and other financial firms will use the center with Fiserv for innovation.
Additionally, the campus will create a large number of technology-related jobs. According to Fiserv, the hub will be one of the largest on the East Coast. The new campus will accommodate more than 3,000 Fiserv associates.
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“Fiserv has been in New Jersey for decades. Our new location in Berkeley Heights will be a dynamic hub of collaboration and innovation, bringing our people together in an inspiring workplace environment to create opportunities for unmatched energy and career growth experiences as we move payments and financial services forward on behalf of our clients. As part of our investment in this new Fiserv location, we look forward to being a force for good by engaging in and creating positive and meaningful impact in the Berkeley Heights community,” Frank Bisignano, President and Chief Executive Officer of Fiserv, commented.
Fiserv is one of the largest payments and fintech services providers in the world. The Nasdaq-listed company formed several partnerships in 2021 to expand its services. In June 2021, Fiserv and Deutsche Bank collaborated to create payment acceptance and banking solutions for the German market.
“This announcement from Fiserv is exactly what we envisioned when we created the Emerge program, an innovative company that provides high-paying jobs choosing to expand in New Jersey. We’re excited that Fiserv sees what we see in New Jersey, and we look forward to the company’s continued success,” Phil Murphy, New Jersey Governor, commented.