Payments and Financial Services Tech Provider, Fiserv, Finalizes BentoBox Acquisition

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech solutions, has announced the completion of its acquisition of BentoBox.

Frank Bisignano, President and Chief Executive Officer of Fiserv, stated:

“Closing this transaction further expands our Clover dining solutions and industry-leading commerce and business management capabilities, enabling nearly 200,000 restaurants of all sizes to deliver unique and differentiating diner experiences, from quick and casual to full service,”

As mentioned in the update, the BentoBox marketing and commerce platform aims to offer a seamless guest experience that is dedicated to supporting growth and helping restaurants thrive. More than 7,500 restaurant concepts globally depend on BentoBox as their digital front door for “elevated design, built-in marketing tools, actionable data, and a best-in-class customer experience that’s built for growth.”

The platform includes products like websites, ordering (online ordering, pre-order & catering, gift cards, merchandise, tickets), and events management. Through existing Clover from Fiserv integration, BentoBox is “successfully connecting the online and on-premise for a single, modern restaurant experience.”

As previously reported, Fiserv, Inc. aims to move money and information “in a way that moves the world.” As a key player in payments and financial technology, the firm assists customers with achieving solid results via a commitment to innovation and excellence in areas such as account processing and virtual banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring, and processing. And the Clover Cloud-powered point-of-sale solution.  Notably, Fiserv is a member of the S&P 50o Index and the FORTUNE 500.

As previously covered, the Bank of Queensland (BOQ) is bringing an improved set of capabilities to debit cardholders as part of the banking institution’s extensive digital offering.

With the migration of its debit cards to the FirstVision platform from Fiserv, Inc., a provider of payments and financial services tech, the bank may provide in-demand functionality including the ability for clients to add cards to their virtual wallets and pay using wearables.



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