FI · News · 20260623N

Litigation and Legal Risk

FI · 2026-06-23 · Importance 34 · Surprise 42

A judge denied Fiserv's motion to dismiss a lawsuit brought by Polam Federal Credit Union. The credit union alleges that Fiserv breached its contract, misrepresented the security of its systems, and imposed improper early-termination fees. The ruling allows the case to proceed and creates potential exposure to damages, legal costs, and reputational effects, although no monetary claim was reported.

Key facts

• A judge denied Fiserv's motion to dismiss a lawsuit brought by Polam Federal Credit Union alleging Fiserv breached its contract, misrepresented the security of its systems, and imposed improper early-termination fees. source