Three things for fintech fans to look forward to in March:

1. The beginning of March Madness NCAA college basketball tournament
2. The launch of FinDEVr New York 2016
3. The end of a first quarter flurry of announcements

And one big first-quarter announcement is a new appointment at Fiserv. The company has named Robert Hau as its new Chief Financial Officer. Hau, formerly a TE Connectivity executive, will take the helm on March 14. Hau replaces Tom Hirsch who is retiring after a 21-year career with the company.

Fiserv CEO and president Jeffery Yabuki credited Hau’s experience as a public company CFO at TE Connectivity, and his “strong operational approach to finance.” Before TE Connectivity, Hau was EVP and CFO for Lennox International and, previously had served in a variety of capacities at Honeywell International, including CFO of the company’s Aerospace Business Group.

Hau has a master’s degree in business administration from the USC Marshall School of Business, and a bachelor’s degree from Marquette University.

Recent headlines for Fiserv include the company’s purchase of ACI Worldwide’s Community Financial Services division for $200 million in January, and deployments of the company’s DNA core account processing technology at United Nations Federal Credit Union ($4.3 billion in assets) and Gate City Bank ($1.9 billion in assets). In its most recent Finovate appearance at FinovateFall 2015, Fiserv demoed its technology that enables cash ATM withdrawals by smartphone.

Financial services solutions provider Fiserv (NASDAQ: FISV) has agreed to purchase the Community Financial Services (CFS) arm of ebanking and payment solutions provider ACI Worldwide (NASDAQ: ACIW).

Fiserv, which reported 2013 revenues of $4.8 billion, will pay $200 million cash for CFS.

Included in the transaction are CFS clients as well as the company’s employees, who will join Fiserv’s workforce of 21,000.

The highlight of the deal, however, seems to be the technology. Jeffery Yabuki, Fiserv President and CEO states, “We are pleased to add these strong digital banking capabilities which will further enable financial institutions to serve their customers in today’s dynamic world.”

CFS solutions include:

• ACI’s Architect Banking
• SSB Internet Banking
• WebFederal Internet Banking and Advantage Internet Banking solutions
• Advantage Consolidated Bank Bill Pay
• ACI Defense Services

The deal is expected to close sometime this quarter, subject to regulatory approval.

Wisconsin-based Fiserv recently debuted its Mobiliti Enterprise at FinovateFall 2015. In the demo, the company showed how a user can withdraw cash from an ATM without a card by using wearable devices connected with iBeacons inside the ATM.