SECURITIES AND EXCHANGE COMMISSION

                               Washington, D. C. 20549

                                      FORM 8-K

                                   CURRENT REPORT

                         Pursuant to Section 13 or 15(d) of
                         the Securities Exchange Act of 1934

                                    Date of Report
                                    June 13, 1997

                                     FISERV, INC.
               (Exact name of registrant as specified in its charter)

                                      Wisconsin
                   (State or other jurisdiction of incorporation)


                        0-14948                          39-1506125
               (Commission File Number)      (IRS Employer Identification No.)

                   255 Fiserv Drive                        53045
                 Brookfield, Wisconsin                   (Zip code)
                 (Address of principal
                  executive offices)


                 Registrant's telephone number, including area code
                                   (414) 879-5000

Item 2.  Acquisition or Disposition of Assets.

On May 30, 1997 the Company  completed  its  previously  announced  agreement to
acquire  all of the  outstanding  shares of BHC  Financial,  Inc.  ("BHC")  in a
transaction to be accounted for as a pooling of interests. The consideration for
the  acquisition  was 5,683,769  shares of Common Stock,  $.01 par value, of the
Registrant.

Item 7.  Financial Statements and Exhibits.

(a) The financial  statements  required by Form 8-K have not been prepared as of
the date of this report.  Such required  financial  statements  will be filed as
soon as practicable, but not later than 60 days after the date of this report.

(b) The pro  forma  financial  statements  required  by Form  8-K  have not been
prepared as of the date of this report. Such pro forma financial statements will
be filed as soon as  practicable,  but not later  than 60 days after the date of
this report.

(c) Exhibits.

Agreement and Plan of Merger among BHC Financial,  Inc., Fiserv, Inc. and Fiserv
Delaware Sub, Inc. has been filed as Appendix A to Form S-4 filed by the Company
and BHC on April 17, 1997 and is incorporated herein by reference  (Registration
Statement No. 333-23349).

SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                FISERV, INC.


                                By /S/ EDWARD P. ALBERTS
                                ------------------------
                                EDWARD P. ALBERTS
                                Senior Vice President - Finance

Date:  June 13, 1997