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Fiserv, Inc.
New: Logo, visual system and
monolithic brand architecture
Launched: February 23, 2009
Story in brief:
"This is the new
Fiserv, one brand, one company, one focus." It is a move
to assert global leadership in financial services technology, by
consolidating a host of acquired brands under one more assertive
corporate brand.
Largely through acquisitions (149 to date), Fiserv has grown from
its 1984 origins as a data processor for smaller banks to become
"the leading provider" of technology solutions for financial
services markets. In 2005, Jeffery Yabuki came (from COO of H&R
Block) to assume leadership, bringing the intention to shift Fiserv
from its traditional holding company model into a more integrated
operating company. His game-changing 2007 acquisition of the
CheckFree business, which vaulted Fiserv into leadership in online
transactions, added a new reason to express 'transformation.'
In 2008, Yabuki hired former Intel marketing executive
Donald MacDonald as CMO, and Landor was retained for a brand review.
Renaming was considered and rejected, in favor of 'freshening' with
a new logo. Lowercase letterforms were chosen as "straightforward
and approachable," orange for differentiation and "a certain heat
and energy," Yabuki said, and a period added (the i-dot relocated?)
for memorability, and "to punctuate Fiserv's commitment to visionary
leadership (etc)..."
To further a "one company" culture, there were realignments in
organizational structure and some unit name changes, plus changes in
offering names and (especially) branding -- all products and
services will now be marketed under the new Fiserv brand.
Landor was credited by Fiserv in press interviews, but not in
the otherwise comprehensive news release that launched the
rebranding. A global advertising campaign will follow, with new
ads in "national business, banking trades and [for employees]
local publications."
Credits:
C.E.O. - Jeffery Yabuki
C.M.O. - Donald MacDonald
Identity counsel and design - Landor
First Impressions:
Strategy: Good job. The name always had a
little awkwardness, but it is functionally short and appealingly
presumptuous (it suggests "we own Financial Services") Just make
it new and fresh. Lost opportunity? - round out the launch with
a punchy defining tagline.
Design: Also good. Condensed type gives the
wordmark shape, weight and carries the color (at a small cost in
legibility, to be sure, but that's okay). The 'full stop' is
effective differentiation with a personality bonus; "We are
confident in our authority."
Other Comments:
Corporate Brand Matrix ratings:
10%
structural, 90% strategic, 0% functional (est.)
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Replacing
the 1984...


CEO Jeffery Yabuki
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