FISV Stock Recent News

Fiserv says it has acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox. As the company noted in a Monday (April 7) announcement, Pinch — founded in 2017 and serving roughly 2,000 merchants in Australia and New Zealand — provides tools to facilitate payments more efficiently at scale.

Fiserv has acquired CCV, a payment solutions provider operating in the Netherlands, Belgium and Germany. The payments technology firm announced the deal Wednesday (March 19) morning, saying it allows Fiserv to speed deployment of its Clover point-of-sale (POS) platform throughout Europe.

In the final three months of the year, Fiserv's revenue growth continued to be underpinned by its merchant and financial solutions segments — and an embrace by enterprises of Clover, its POS hardware and software flagship offering. Commerce Hub, the company's payments acceptance platform, has seen significant growth, management said on its Wednesday (Feb.

Fiserv has appointed Michael P. Lyons, former president of PNC Financial Services Group, as its president and CEO-elect, effective Monday (Jan. 27).

Fiserv disclosed Wednesday (Sept. 25) that it expects its merchant acquiring joint venture with Wells Fargo to expire April 1, 2025.

Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by PayPal. These enhancements are enabled by an expansion of the global strategic partnership of Fiserv and PayPal, the companies said in a Thursday (Aug.

Fiserv's momentum with its Clover point of sale technologies continues to help underpin revenue growth, while management charted a path for its partnership with Apple, enabling new Apple Pay functionalities.

The Financial Transaction Services industry benefits from digital adoption, strong consumer spending and M&A strategies. Companies like FI, FIS, GPN, WEX and WU are well-positioned to thrive amid these favorable trends.

Fintech stocks still have a lot of potential to deliver solid gains for investors. These companies are pioneering how we transact money and sometimes challenge the nature of money with the case of cryptocurrencies such as Bitcoin ( BTC-USD ).

Fiserv's Q3 showcases robust 12% organic revenue growth and notable margin expansion. A discussion of its 2024 outlook. Challenges arise as Fiserv grapples with macroeconomic uncertainties and significant debt on its balance sheet. For now, I'm still bullish, but the details in this story matter.