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According to the World Bank , more than 1.4bn people worldwide remain unbanked , while the Federal Reserve reports that 22 % of American adults ( 63mn ) are either unbanked or underbanked – cut off from vital financial services . Financial technology has a real power to elevate people , particularly underserved communities , and this is one of the reasons that Sachdev calls it a ‘ privilege ’ to show up for work each day .
“ Fiserv is all about taking something from the whiteboard and bringing it to life ,” he explains . “ For me , that ' s the best part of it – it ’ s about having an idea or identifying a problem , having a conversation with our clients and other market participants , being able to bring different subject matter experts together . Then we combine the technical pieces , commercial pieces and the go-tomarket pieces to build a successful product or service to address that opportunity . That ' s why I enjoy it . I don ' t really think of it as work at all .”
Whether it ’ s a community bank leveraging fintech tools to better support the financial wellness of its customers , or a fintech leveraging Fiserv technology to bring these capabilities directly to market , Fiserv is bridging the gap to bring these scenarios to life at scale .
Ramping up in the fintech scene The business unit that Sachdev heads up – the fintech-focused team – was founded little more than a year ago . Before that , Fiserv was servicing fintechs in a siloed way , more often at a product level rather than a strategic one . Now , clients across a
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