Fiserv Adds Harry F. DiSimone to Board of Directors

Fiserv, a global provider of financial services technology solutions, has upgraded its board of directors with the addition of Harry F. DiSimone.

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Mr. DiSimone began his career with JP Morgan Chase in 1976, working through the promotional ladder, before eventually becoming executive vice president.

He remained with the bank for 32 years until 2008, when he founded his own firm, Commerce Advisors Inc, which offers financial consulting. Mr. DiSimone has been serving as the company’s president since its establishment.

In addition to his executive role at Commerce Advisors, Mr. DiSimone has been serving as Managing Director of Encore Financial Partners since 2009.

Mr. DiSimone has also served on the boards of other companies throughout his career. According to his LinkedIn profile, he has been on the board of iovation since 2008, coinciding with the time he left JP Morgan Chase.

Other companies on whose boards he has sat are Oak Street Funding, Clear Balance, and Merchant Capital Access.

Glenn M. Renwick, Chairman of the Board of Directors, said: “Harry brings extensive knowledge and experience in banking, Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and financial services, which will serve our company and its shareholders well.”

Fiserv Looks toward Expansion

Fiserv has certainly upgraded its board with the appointment. The company has remained active in its quest for innovation and operational expansion.

In an effort to increase its product offering, Fiserv acquired payment solutions provider Dovetail Group Ltd in August of last year.

Moreover, Fiserv’s AML Risk Manager solution has been a popular choice for many of its partners. Fiserv has been able to successfully reach various companies to offer the product, including Dutch payment provider Buckaroo, and more recently UAE-based Lulu Exchange. Both companies adopted the solution last year.