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Fiserv, Inc. - $FI STOCK NEWS

Welcome to our dedicated page for Fiserv news (Ticker: $FI), a resource for investors and traders seeking the latest updates and insights on Fiserv stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fiserv's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fiserv's position in the market.

Rhea-AI Summary

Fiserv, Inc. announced WaFd Bank selecting CashFlow Central to enhance small business banking offerings. The solution allows small businesses to manage payments, invoices, and cash flow through a digital banking relationship. CashFlow Central aims to streamline billing and payment processes, saving time and simplifying financial management for small business customers.

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Fiserv, Inc. (NYSE: FI) released the Fiserv Small Business Index™ for April 2024, showing a 5.6% year-over-year sales growth for small businesses. The index increased by 4 points to 145, with service-based businesses experiencing a significant spending increase while discretionary spending slowed down. Retail sales rebounded, with household-related subsectors leading the growth.

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Fiserv, Inc. (FI) reported strong first quarter 2024 results with a 7% GAAP revenue growth, 20% organic revenue growth, and a 39% increase in GAAP EPS. Adjusted EPS grew by 19%, with an outlook for 2024 showing 15-17% organic revenue growth and adjusted EPS of $8.60-$8.75. Fiserv's performance was driven by increased revenue in both the Merchant Solutions and Financial Solutions segments, along with improved operating margins and cash flow. The company also repurchased shares and completed a $2.0 billion senior notes offering. Fiserv was recognized for its innovation and Clover platform in prestigious awards. The company realigned its segments for operational enhancement and reaffirmed its commitment to growth and client focus.
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Genesis Bank and Fiserv collaborate to launch the Genesis For Good Catalyst Empowerment Grant Program, aiming to empower marginalized entrepreneurs and diverse business communities in Southern California. Fiserv's grant to the Genesis for Good Foundation will support small businesses with grants up to $10,000 and provide access to the Catalyst Program and Clover Bundle technology.
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Fiserv, Inc. (NYSE: FI) highlights positive steps in their Corporate Social Responsibility Report, focusing on empowering people, advancing communities, championing responsible business practices, and investing in sustainable systems.
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Fiserv, a leading global provider of payments and financial technology solutions, launches Clover Kiosk to meet the growing demand for self-service technology in the restaurant industry. The new Clover Kiosk and enhanced Clover Kitchen Display System aim to streamline operations, enhance customer experience, and reduce total cost of ownership by up to 40% compared to competitors.
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Fiserv, Inc. (NYSE: FI) will announce its first quarter financial results on April 23, 2024. The company will host a live webcast to discuss the results, accessible on their investor relations website.
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Fiserv, Inc. (FI) reports a one-point decline in the Fiserv Small Business Index for March 2024, with small business sales growing by 2.0% year-over-year but declining by 0.8% month-over-month. The index stands at 141 nationally, reflecting varied consumer spending patterns in March. Restaurants saw a significant increase in sales, while retail small businesses showed mixed results compared to the previous year.
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Fiserv, Inc. (NYSE: FI) has been recognized as one of Fortune® America’s Most Innovative Companies for the second year in a row. The company's focus on innovation to drive client success has earned it this prestigious accolade. Fiserv's innovative solutions aim to enhance client value and customer experiences, setting them apart from competitors. The evaluation criteria for this recognition include product innovation, process innovation, and innovation culture, with Fiserv excelling in all three areas.
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Fiserv, Inc. (FI) appoints Ajei Gopal, president and CEO of ANSYS, Inc., to its board of directors. Gopal brings extensive experience in accelerating growth and revenues through strategic acquisitions. Fiserv aims to benefit from his expertise in business growth and product innovation.
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Fiserv, Inc.

NYSE:FI

FI Rankings

FI Stock Data

89.54B
585.93M
0.63%
94.39%
1.31%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
BROOKFIELD

About FI

Fiserv, Inc. is an American multinational company headquartered in Brookfield, Wisconsin, that provides financial technology services to clients across the financial services sector, including: banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers.