Fiserv, Inc. (FISV) shares jumped Thursday after the fintech powerhouse announced it's doubling down on artificial intelligence through an expanded partnership with Microsoft Corporation (MSFT). The collaboration is designed to turbocharge AI integration across Fiserv's development platforms while making its workforce more productive in the process.
The Partnership Details
Here's what Fiserv is actually doing: The company plans to deploy Microsoft 365 Copilot across its entire global workforce. That means employees worldwide will get access to AI tools designed to boost productivity, accelerate decision-making, and improve the quality of their work. It's the kind of move that sounds incremental but can fundamentally reshape how a massive organization operates.
Beyond internal improvements, Fiserv is expanding its use of Microsoft Foundry, which is essentially an Azure-based AI platform that lets companies securely build, customize, deploy, and manage AI applications. The goal is to create AI-powered solutions that deliver more value to financial institutions, businesses, and consumers around the world.
Guy Chiarello, Vice Chairman at Fiserv, put it this way: "This collaboration with Microsoft enables us to bring intelligent capabilities to market with greater speed and scale, unlocking smarter, more differentiated solutions that help our clients grow, compete, and lead in today's rapidly evolving fintech and payments landscape."
This isn't Fiserv starting from scratch, either. The company has already been working with Microsoft's tools. To date, it has processed over 100 billion tokens in Foundry to enhance products and improve client experiences. Meanwhile, more than 8,000 Fiserv engineers are using GitHub Copilot, which has been boosting productivity and speeding up how quickly the company can deliver solutions.




