NZ mobile specialist acquired

New Zealand mobile payments specialist M-Com is to be acquired by US firm Fiserv. M-Com has been a Fiserv partner since 2008. The two companiesworked together on developing Mobile Money, a Fiserv application for financial institutions. M-Com CEO Adam Clark and all employees of M-Com will join Fiserv. A statement from Fiserv annuoncuing the buy reads: "Fiserv will have the ability to integrate M-Com mobile banking and payment technology into current product offerings, as well as leverage that technology for transformative new solutions. "Current M-Com clients will benefit from Fiserv's digital banking and payments expertise, deep resources and ongoing investments in mobile financial services. M-Com won last year's Tuanz Telecommunications Innovation Award. The financial terms of the acquisition weren't disclosed.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Fiservm-com

Show Comments
[]