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.
Fiserv has launched a new Delivery Optimization solution to enhance delivery operations for enterprise restaurants, retailers, and grocers. This solution integrates access to over 40 delivery providers through the Carat commerce platform, enabling businesses to manage costs and improve customer experiences. Key features include optimized routing based on delivery times and costs, enhanced customer journeys through integration into existing systems, and split settlement capabilities that accelerate payments and reduce fraud. This development positions Fiserv to address challenges in the evolving delivery industry and aims to increase brand loyalty for its clients.
Fiserv, Inc. (NASDAQ: FISV) announced its participation in several upcoming investor conferences. On March 2, CEO Frank Bisignano will present at the Evercore ISI Payments & Fintech Innovators Forum at 2:00 p.m. ET. Following that, he will speak at the Wolfe FinTech Forum on March 14 at 11:40 a.m. ET. Finally, CFO Bob Hau will present at the BofA Securities 2023 Electronic Payments Symposium on March 21 at 8:00 a.m. ET. Live webcasts of these presentations will be available on the Fiserv investor relations website.
Fiserv, a leader in payments and financial services technology, announced a share repurchase authorization for 75 million shares, supplementing existing buyback plans. This initiative allows for purchases in the open market or through private transactions, depending on market conditions, with no expiration on the authorization. This strategic move aims to enhance shareholder value and demonstrates the company's confidence in its financial health. Fiserv is a member of the S&P 500 Index and recognized among Fortune's Most Admired Companies.
Fiserv, Inc. (NASDAQ: FISV) reported a 9% year-over-year increase in online and mobile banking users in 2022 among approximately 2,500 banks and credit unions. This growth correlates with higher net profits and enhanced customer loyalty. A digital engagement study revealed that digitally engaged members at America First Credit Union had 29% higher net profit and 48% higher deposit balances compared to non-engaged members. Fiserv continues to innovate with offerings like CardHub, which enhances digital card management. As consumer expectations evolve, Fiserv aims to provide seamless banking solutions.
Fiserv, Inc. (NASDAQ: FISV) announced strong financial results for Q4 and FY 2022, with GAAP revenue growth of 9%, totaling $4.63 billion for Q4 and $17.74 billion for the year. GAAP EPS surged 146% in Q4 and 96% for the year, reaching $1.23 and $3.91, respectively. The company reported organic revenue growth of 12% in Q4 and 11% for FY 2022. Adjusted EPS grew 22% to $1.91 in Q4 and 16% to $6.49 for the year. For 2023, Fiserv expects organic revenue growth of 7% to 9% and adjusted EPS between $7.25 and $7.40.
Fiserv, operating in Singapore, has received a Major Payment Institution license from the Monetary Authority of Singapore, effective January 1, 2023. This license enables Fiserv to offer merchant acquisition and domestic and cross-border money transfer services under the Payment Services Act. With this license, Fiserv can enhance its existing payment solutions for small and large businesses, supporting integrated payment acceptance across digital and physical channels. The company emphasizes its commitment to compliance and cybersecurity, ensuring customer protection under the PS Act.
BNY Mellon and Fiserv have partnered to enhance real-time foreign exchange (FX) rate quotes for U.S. financial institutions. This collaboration allows institutions to access BNY Mellon's FX rate quotes in over 120 currencies via Fiserv's Payments Exchange platform without extensive integration. This solution aims to reduce the costs associated with accessing real-time FX rates, addressing challenges U.S. institutions face with cross-border payments. The offering includes transaction tracking and reporting tools for improved client support and transparency. The partnership highlights both companies' commitment to streamlining global payment processes.
Desjardins Group has selected Fiserv (NASDAQ: FISV) to transition its credit card processing to a unified platform, enhancing efficiency and speeding up the launch of innovative solutions. The collaboration will streamline management of consumer and commercial card portfolios, supporting Desjardins' nearly four million credit accounts. Fiserv's OptisSM platform will enable real-time information for customers and provide end-to-end credit processing, including fraud detection and risk management. This partnership marks Fiserv's first large-scale deployment in Canada, promising modern capabilities to better serve Desjardins' members and clients.
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