Welcome to our dedicated page for Fiserv news (Ticker: FISV), a resource for investors and traders seeking the latest updates and insights on Fiserv stock.
Fiserv, Inc. (NASDAQ: FISV) generates a steady flow of news related to payments technology, financial services platforms, AI initiatives, and merchant solutions. As a Fortune 500 and S&P 500 company, Fiserv regularly announces collaborations, product enhancements, acquisitions, and data insights that affect financial institutions, merchants, and the broader commerce ecosystem.
Recent announcements highlight Fiserv’s focus on AI-driven innovation, including a strategic collaboration with Microsoft to embed AI into Fiserv development platforms and deploy Microsoft 365 Copilot and Microsoft Foundry across its workforce. News items also cover Fiserv’s role in agentic commerce through partnerships with Visa and Mastercard, where the company is enabling frameworks such as Visa Intelligent Commerce, Trusted Agent Protocol, and Mastercard’s Agent Pay Acceptance Framework to support secure, AI-driven transactions.
For merchants, news frequently centers on the Clover point-of-sale and business management platform. Examples include integrations with Synchrony’s CareCredit financing solution, allowing health and wellness providers using Clover devices to manage the full patient financing journey, and collaborations with Wink to introduce identity-based payments using biometric recognition and AI-powered fraud prevention.
Investors and analysts can also follow updates on Fiserv’s Fiserv Small Business Index, which reports on consumer spending and transaction trends across millions of U.S. small businesses, as well as corporate developments such as acquisitions and workforce or recognition announcements. This news page brings together these updates so readers can track how Fiserv’s technology, partnerships, and data products evolve over time.
The latest research from Fiserv reveals that credit and debit cards are the preferred payment method for consumers across generations. The study highlights that 75% of consumers choose cards for dining and groceries, while 51% opt for credit on purchases over $500. A significant 68% have multiple credit cards, with rewards being a primary selection factor. Notably, digital cards are gaining traction, though 68% still prefer physical cards for security and acceptance reasons. The survey involved 3,007 U.S. adults and emphasizes the importance of consumer control in card management.
Fiserv (NASDAQ: FISV) has been awarded the Omnichannel Provider of the Year for the second consecutive year by The Strawhecker Group. This recognition highlights Fiserv’s robust capabilities in delivering innovative omnichannel solutions through its Carat operating system for large enterprises and Clover POS platform for SMBs. TSG praised Fiserv's advancements in connected car commerce, social media payments, and voice-enabled commerce, showcasing the company's commitment to enhancing the consumer shopping experience.
Affirm has partnered with Fiserv, a global leader in payments technology, to integrate Affirm's services into Fiserv's Carat℠ operating system. This collaboration allows Fiserv's enterprise merchant clients to offer Affirm's Adaptive Checkout™, enabling consumers to select biweekly or monthly payment options at checkout. This move aims to address the increasing demand for buy now, pay later options. Notably, merchants using Affirm have reported up to an 85% increase in average order values. The rollout is set for later this year.
Fiserv has partnered with Affirm, integrating the Buy Now Pay Later (BNPL) option into its Carat system. This collaboration simplifies the adoption of BNPL for businesses of various sizes, allowing them to choose from multiple payment options effectively. Currently, Fiserv offers BNPL through Bread, Synchrony, and Zip, and the Affirm integration will enhance customer payment flexibility. Approximately half of U.S. consumers prefer merchants that provide pay-over-time options, making this integration a strategic move for attracting and retaining customers.
Fiserv is enhancing real-time payment capabilities for financial institutions through a partnership with The Clearing House. This collaboration allows Fiserv's clients to access the RTP network via the NOW Gateway, facilitating services like Zelle® payments and real-time bill payments. The RTP network currently connects over 60% of U.S. bank accounts. Fiserv reports consistent double-digit growth in real-time P2P payments, indicating strong demand for these services.
Outseer has appointed John Filby as its new CEO to lead the company's efforts in combating transactional fraud. Filby brings over 25 years of financial technology experience, previously serving at Global Holdings and Deluxe Corporation (NYSE: DLX). At Deluxe, he led essential FinTech acquisitions that modernized the business, while at Fiserv Inc. (NASDAQ: FISV), he developed successful transactional fraud products. His focus will be on leveraging Outseer’s capabilities to enhance fraud detection and customer service in a dynamic market.
Fiserv, Inc. (NASDAQ: FISV) reported a strong start to 2022, with a 10% growth in GAAP revenue, totaling $4.14 billion. The company achieved an impressive 127% increase in GAAP earnings per share (EPS), reaching $1.02. Organic revenue growth stood at 11%, driven by the Acceptance segment's 20% growth. Adjusted EPS also rose by 20% to $1.40. Despite a decline in net cash from operations to $815 million, Fiserv affirmed its full-year guidance, expecting organic revenue growth of 7% to 9% and adjusted EPS between $6.40 and $6.55.
Fiserv has launched AppMarket, enabling financial institutions to enhance their services with curated fintech solutions. This initiative aims to address opportunities in areas like crypto finance, SMB lending, and more. A survey revealed that 86% of consumers use fintech apps, highlighting the need for banks to innovate rapidly. Financial institutions can leverage AppMarket for faster market entry and to attract younger clients, while fintechs will gain access to thousands of banks. The move reflects Fiserv's commitment to advancing open finance and improving digital customer experiences.
Fiserv (NASDAQ: FISV) has launched a redesigned user experience for its Premier core platform, significantly enhancing customer servicing and training. Over 50 clients contributed to the design process, leading to improvements in navigation, search functionality, and training time. The updates will benefit over 1,000 financial institutions and 145,000 employees, enabling faster customer service. Built on modern technologies like React and REST services, the new interface allows for frequent upgrades and seamless deployment, aligning with current user expectations and work environments.
Equifax and Fiserv have announced a strategic partnership aimed at enhancing data-driven insights for organizations in a digital economy. The collaboration will focus on new offerings that improve business verification, accelerate account acquisition, and enhance risk assessment for small-to-medium businesses, with deployment planned for late 2022. Key executives emphasized the importance of real-time data insights for better decision-making and customer engagement. This partnership aims to leverage Equifax's cloud capabilities and Fiserv's transaction data to empower businesses across the financial services sector.