Fiserv's acquisition of the U.K.-based real-time payments provider Dovetail Group Ltd. is a move made with a global vision in mind.

Fiserv did not disclose details of the Dovetail acquisition, but it comes at a time when the Brookfield, Wis., company is also bidding to acquire the U.K. mobile banking vendor Monitise (its current offer of 75 million pounds, or $96.2 million, is up from the 70 million Fiserv offered two months ago). Dovetail provides a real-time payments platform in addition to its liquidity management software, all designed to help banks receive and deliver digital payments through a local or cloud-based network.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry