Fiserv Inc. is in talks to acquire Nationar, a New York-based trust company and check processor that was seized by the state's Banking Department last week.

Sources close to the negotiations said Milwaukee-based Fiserv was already seeking to acquire Nationar before it was taken over by the state regulator last Monday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.