Fiserv Inc Stock Price, News & Analysis

Fiserv (NYSE: FI) has launched its Clover point-of-sale system in Australia, marking its expansion to its 11th country globally. The platform, which currently powers 3.5 million devices worldwide, offers an all-in-one solution for small-to-medium businesses, particularly in retail and hospitality sectors.

The launch addresses a critical need in the Australian market, where 98% of businesses are SMBs often struggling with fragmented, non-integrated solutions. Clover combines proprietary hardware and purpose-built software, offering features like online ordering, accounting, inventory management, and employee management.

Four models are available in Australia: Clover Flex (handheld), Clover Mini (countertop), Station Duo (dual-screen countertop), and Clover Kiosk (self-ordering). The platform includes the Clover Web Dashboard for tracking sales, managing customer information, and monitoring staff performance, supported by seven-day technical assistance and roaming technicians.

Fiserv (NYSE: FI) announced that Republic Bank & Trust Company has selected its DNA® platform to enhance banking capabilities and drive operational efficiencies. Republic Bank, with over $6 billion in assets and 47 banking centers across Kentucky, Tennessee, Indiana, Ohio and Florida, chose DNA for its advanced technology and real-time continuous processing capabilities.

The DNA platform, which earned the xCelent Advanced Technology Award from Celent, aims to streamline processes, reduce manual workloads, and enhance productivity. According to a 2024 customer survey, Fiserv achieved a 97% customer satisfaction rate in its level-one client care organization. The partnership represents a significant step in Republic Bank's digital transformation strategy.

Fiserv (NYSE: FI) has acquired CCV, a payment solutions provider operating in the Netherlands, Belgium and Germany. The strategic acquisition aims to accelerate the deployment of Fiserv's Clover platform across Europe while enhancing capabilities for their combined merchant and partner base.

CCV, founded in Arnhem in 1958, has been a pioneer in payments, notably facilitating the first electronic payments in the Netherlands in the 1970s. The company has grown to become a significant player in the omni-channel payment solutions sector.

The integration optimizes both companies' operational and client support models to create a comprehensive omnichannel payment solution offering. The acquisition will enable more European businesses to access Fiserv's suite of products. Financial terms of the transaction were not disclosed.

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.