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. provides payments and financial services technology for merchants, banks, credit unions and small businesses. Company news commonly covers earnings from its Merchant Solutions and Financial Solutions segments, product and platform activity around Clover, account processing, digital banking, card issuer processing, network services, e-commerce, merchant acquiring and payment processing.
Recurring updates also include client deployments such as CashFlow Central in Experience Digital, partnerships that extend card issuance or payment capabilities, expansion of Clover hardware manufacturing, investor presentations and Fiserv Small Business Index data on U.S. sales, transaction and ticket trends.
Fiserv (NASDAQ: FISV) has partnered with NYDIG to enable consumers to manage bitcoin transactions through their financial institutions' banking platforms. This integration allows banks and credit unions to offer services that let customers buy, sell, and hold bitcoin, aiming to meet the rising demand for cryptocurrency services. First Foundation Bank is among the financial institutions already implementing these capabilities. The partnership is seen as a strategic move to enhance customer engagement and generate non-interest income opportunities.
Deutsche Bank and Fiserv announced a joint venture to provide comprehensive payment acceptance and banking solutions for small and medium-sized enterprises (SMEs) in Germany. This venture aims to assist SMEs in adapting to a post-Covid marketplace by offering integrated digital and in-person payment solutions, including Fiserv's Clover® platform. The initiative is expected to launch with several thousand clients and targets around 800,000 SMEs under Deutsche Bank's brands. The collaboration promises reduced costs and complexity, making it a unique offering in the German market.
Fiserv (NASDAQ: FISV) announced support for minority-owned small businesses in Texas and Oklahoma through the Back2Business program. This initiative offers grants up to $10,000, mentorship, and access to technology solutions like the Clover® point-of-sale platform. Eligible businesses with less than $1 million in revenue can apply for assistance with payroll, rent, and equipment purchases between June 18 and June 25. This program aims to help businesses recover from pandemic-related challenges, emphasizing Fiserv's commitment to community support.
Fiserv (NASDAQ: FISV) has been selected by Republic Bank (NASDAQ: FRBK) as its strategic technology partner for core processing, payments, and digital solutions. This partnership aims to enhance Republic Bank's digital capabilities, improving customer service and experience across various channels. Republic Bank, recognized as America’s #1 Bank for Service in 2020, focuses on delivering tailored financial solutions through its network of 32 locations. Fiserv will support the bank's growth strategy by implementing technology that offers a scalable, secure, and efficient digital banking experience.
Fiserv, Inc. (NASDAQ: FISV) announced the appointment of Wafaa Mamilli to its board of directors, who will serve on the Technology Risk Committee. Mamilli brings extensive experience from her role as Chief Information and Digital Officer at Zoetis, where she led technology and cybersecurity initiatives. Previously, she held leadership positions at Eli Lilly, including Chief Information Security Officer. Chairman Denis O’Leary emphasized her technological insights will enhance Fiserv’s innovation and value for clients and shareholders.
Fiserv (NASDAQ: FISV) announces a partnership with PenFed Credit Union to enhance digital card management for its 2.3 million members. Utilizing Fiserv's CardHub technology, members will gain improved control and visibility over their credit and debit cards. This solution allows PenFed to align with major financial institutions, offering features such as enhanced data enrichment and streamlined dispute resolution. This innovation supports PenFed's digital strategy and aims to improve member engagement by facilitating smarter spending decisions.
Fiserv (NASDAQ: FISV) is enhancing consumer financial management by enabling data sharing of cryptoasset holdings with fintech apps and service providers. This integration, through AllData® Aggregation with Verady, aims to support an estimated 46 million U.S. consumers who own cryptoassets. It provides financial institutions and consumers with visibility into crypto investments amidst rising mainstream acceptance. The collaboration is positioned to streamline the management of cryptoassets and reporting on performance and tax obligations.
Fiserv (NASDAQ: FISV), a global leader in financial technology, announced that CEO Frank Bisignano will present virtually at Baird's Global Consumer, Technology and Services Conference on June 9, 2021, at 9:05 a.m. ET. The presentation will be accessible via a live webcast and an archived replay on the investor relations section of the Fiserv website. Fiserv provides innovative solutions in account processing, digital banking, and payments, and is listed among the S&P 500 and Fortune's Most Admired Companies.
Fiserv, Inc. (NASDAQ: FISV) has been named to the FORTUNE 500 for the sixth consecutive year, ranking 205 for 2021, a significant increase of more than 100 positions from 2020. The company also holds the 99th highest market value among FORTUNE 500 firms as of March 31, 2021. This recognition reflects Fiserv's leadership and innovation during the challenging COVID-19 pandemic. Additionally, Fiserv was recognized as one of the World’s Most Admired Companies for eight consecutive years.
Fiserv (NASDAQ: FISV) announced that CEO Frank Bisignano will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021, at 10:15 a.m. ET. The presentation will be available via a live webcast and archived replay on the investor relations section of Fiserv's website. As a global leader in payments and financial technology, Fiserv strives to enhance money and information movement, providing a wide range of services including digital banking and payment processing.