Fiserv, Inc. (NasdaqGS:FISV) is looking for acquisitions. During a conference presentation, Frank Bisignano, Chief Executive Officer said, "we will expand margins. we've had good margin expansion. And the output of that will be a tremendous free cash flow. That will be - we will stick to a tried and true benchmark of share buyback, but you should expect, as I talked before, a balanced approach and applying capital to acquisitions also". Frank Bisignano added, "I think we have an appetite to be strategic in terms of acquisition and know that we could grow. We will invest in start-ups. And we will deploy as much capital to buying back shares as we have in the past. And if you look at the balance, we'll have a leverage ratio down and be able to deploy that delta between share buyback and acquisitions. So you should think of us as an acquirer".