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
                                   December 22, 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 7. (C) EXHIBITS.

   (1) News release by Fiserv, Inc., dated December 19, 1997.


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:  December 22, 1997

For release:  December 19, 1997

                    Fiserv, Inc. Approves Stock Buyback Plan


         Brookfield,  Wisconsin,  December 19, 1997--Fiserv,  Inc. (NASDAQ:FISV)
announced  today that its Board of Directors has authorized the repurchase of up
to   approximately   1,000,000   shares  of  the  Company's   common  stock,  or
approximately  two  percent  of the  52.7  million  shares  outstanding.  Shares
purchased under the authorization will be made through open market  transactions
that may occur from time to time as market conditions  warrant.  Shares acquired
will be  limited  to the  number of shares to be issued in  connection  with the
previously announced acquisition of Hanifen, Imhoff Holdings, Inc. of Denver.

         Fiserv,  Inc. is an independent  provider of financial data  processing
systems and related  information  management  services and products to more than
5,000 banks, credit unions, mortgage firms and savings institutions worldwide. A
publicly held company headquartered in Brookfield, Wis., Fiserv is traded on the
NASDAQ over-the-counter market under the symbol FISV.

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