FinTech Magazine September 2023 | Page 70

FISERV
Chief Information Officer of Payments at Fiserv , Umasankar Nistala , discusses how Fiserv stays at the peak of fintech innovation

From India ’ s Odisha region to Chief Information Officer ( CIO ) of Payments at Fiserv , Umasankar Nistala ’ s life spent across the US and India has helped him form an illustrious career in the financial services industry .

With two master ’ s degrees behind him , one in computer science and the other in business administration for finance and international business , Nistala has forged a nearly three-decades-long association with financial technology .
Spending his formative years in the US , Nistala joined JPMorgan in 2002 . Although admitting he was open to joining any industry following education , Nistala enjoyed working for the company , and “ ended up spending almost 16 years ” with JPMorgan ; six in the US and another 10 years in his native India .
Eventually leaving JPMorgan for BNP Paribas India Solutions in 2018 – where he was CEO – Nistala once again found himself back in the US when joining Fiserv as CIO of Payments just 15 months ago .
He says : “ When I decided to come back to the US , there was no better opportunity than joining Fiserv . It is one of the world ’ s largest fintechs .”
Providing solutions for banking , global commerce , and merchant acquiring – Fiserv ’ s mission is to move money around the world . Transferring funds for thousands of financial institutions and millions of people and businesses , Fiserv is a leader in financial technology .
70 September 2023