Fiserv Inc Stock Price, News & Analysis

Fiserv (NYSE: FI) has appointed Stephanie Cohen to its Board of Directors. Cohen currently serves as Chief Strategy Officer at Cloudflare, where she joined in 2024 to drive key initiatives including network development, artificial intelligence, international expansion, and corporate client relationships.

Prior to Cloudflare, Cohen spent 25 years at Goldman Sachs, where she held various leadership positions including global co-head of Consumer & Wealth Management, head of Financial Sponsors Mergers and Acquisitions, and Chief Strategy Officer, serving as a member of the firm's Management Committee.

Frank Bisignano, Chairman and CEO of Fiserv, emphasized that Cohen's background will enhance the Board's collective experience in advancing strategic priorities. Mike Lyons, President and CEO-Elect, highlighted her expertise in strategy, innovation, and technology as valuable assets for driving growth and operational excellence.

Clover and Sony Pictures Television (SPT) have announced a groundbreaking partnership to address the 50% small business failure rate through the inaugural Clover x Shark Tank Summit. The summit will take place in Las Vegas from September 28-30, 2025, featuring activities with 'Shark Tank' investors and business experts.

The initiative aims to support the 33.2 million U.S. small businesses that account for 46% of U.S. employees and generate $5.9 trillion in annual revenue. The partnership includes an Access Pass grant program for small businesses, running from March 10 through August 11, and a new docuseries featuring Clover's Chief Empowerment Officer Tabitha Brown.

The summit will provide entrepreneurs with opportunities to pitch their ideas, receive expert feedback, and connect with leaders in finance, tech, culture, and entertainment. Mark Cuban, 'Shark Tank' investor and Cost Plus Drugs co-founder, joined Brown and other business leaders at SXSW to announce this initiative aimed at addressing common business challenges such as inadequate planning, financial issues, and marketing difficulties.

Fiserv (NYSE: FI) reports steady small business performance in February 2025, with the Small Business Index maintaining at 147. Small business sales showed a +2.1% year-over-year growth and a modest +0.1% month-over-month increase.

Key highlights include:

• Retail sector demonstrated strength with +1.6% year-over-year sales growth, led by General Merchandise (+7.3%), Clothing (+3.7%), and Sporting Goods (+3.6%)
• Restaurant segment saw mixed results with -2.4% year-over-year sales decline despite +5.9% increase in foot traffic
• Services sector growth slowed to +2.3% year-over-year, with Professional Services leading at +8.7%

Regionally, North Dakota (+11.8%), Georgia (+10.6%), and South Carolina (+8.6%) showed the strongest year-over-year growth. Among major cities, Atlanta led with +14.4% growth, while New York metro area declined -5.7%.

Fiserv (NYSE: FI) has completed its acquisition of Payfare Inc. (TSX:PAY), a program management solutions provider focused on new economy workforces. The acquisition, valued at C$193,149,036 (C$4.00 per share), strengthens Fiserv's embedded finance capabilities.

Through this transaction, Fiserv acquired all 48,287,259 outstanding Payfare shares, increasing its ownership from 0% to 100%. The integration brings Payfare's card program management and white-label consumer application expertise together with Fiserv's processing, bank ledgers, and integrated value-added services, creating a comprehensive solution for embedded banking, payments, and lending.

Following the acquisition, Payfare's co-founders and employees have joined Fiserv. Payfare shares will be delisted from TSX and OTCQX, and the company will cease to be a reporting issuer.

Fiserv has completed its acquisition of Payfare Inc. (TSX: PAY, OTCQX: PYFRF) through its affiliate 1517452 B.C. , as announced on March 3, 2025. The acquisition was executed via a plan of arrangement under the British Columbia Business Corporations Act.

Payfare, which has facilitated over $20 billion in instant earnings access for millions of gig workers, will be delisted from the Toronto Stock Exchange and withdrawn from OTCQX trading. The company will also cease to be a reporting issuer in Canada.

CEO Marco Margiotta described the acquisition as a transformative step that will enhance their mission of providing financial security and inclusion for workers, enabling faster innovation through the partnership with Fiserv.

Fiserv (NYSE: FI), a leading global provider of payments and financial services technology solutions, has announced its upcoming participation in key investor conferences. Chief Financial Officer Bob Hau will represent the company at two significant events:

• The Wolfe Research FinTech Forum at 10:10 a.m. ET on March 11
• The BofA Electronic Payments Symposium at 2:40 p.m. ET on March 18

Investors and interested parties can access live webcasts and archived replays of these presentations through the investor relations section of Fiserv's website at investors.fiserv.com.

Fiserv (NYSE: FI) announced that First Community Credit Union (FCCU) has selected its award-winning DNA® core processing platform to power future growth. FCCU, a Missouri-based institution with $4.5bn in assets and 42 branches, chose DNA for its modern, member-centric capabilities, integration features, and commercial functionalities.

The DNA platform recently received the 2024 xCelent Advanced Technology Award from Celent for its best-in-class technology architecture. FCCU, serving over 400,000 members, operates nearly half its branches within a national retailer's stores. The credit union, celebrating its 90th anniversary in December 2024, has been a Fiserv client for more than 30 years.

Fiserv, a global provider of payments and financial services technology, announced that its Board of Directors has authorized the repurchase of 60 million shares of the company’s common stock. This new authorization is in addition to the shares remaining under the existing authorization. Fiserv may repurchase shares in the open market or through privately negotiated transactions. The repurchase decisions will be made at the discretion of management, taking into account market conditions and other factors. Notably, this authorization does not have an expiration date.

Fiserv (NYSE: FI) announced that Third Federal Savings & Loan has selected its DNA® platform to enhance digital innovation and operations. The $17bn Cleveland-based bank chose DNA to improve operational efficiency, product deployment speed, and seamless integration capabilities.

The DNA platform recently received recognition from Celent in its 2024 xCelent Awards, earning the Advanced Technology Award for best-in-class technology architecture. Celent designated DNA as a Luminary for technical capability, highlighting its technological superiority across diverse institution types, sizes, and geographic markets.

Third Federal's Chief Information Officer, Andy Rubino, emphasized that the open and real-time core solution aligns with their customer service goals by enabling third-party integration and superior user experience. The platform's recent enhancements include public cloud deployment, commercial loan servicing, and open ecosystem integration features.