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Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for independent software vendors (ISVs) and software companies in a news release provided to PYMNTS Tuesday (May 2).
Fiserv (FISV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Fintech Leader Fiserv Surges After Earnings As Federal Reserve Enters Real-Time Payments With FedNow
Growth stock Fiserv broke out after earnings on Tuesday. FISV will offer FedNow for real time payments to financial institutions.
Whenever an entire sector appears to be on fire, as is the case with financials at the moment, there are usually areas of opportunity among stocks bucking the broad sector trend.
Fiserv's organic revenue growth shows that despite slowing consumer spending and volatility within banking, the appetite for faster money movement and digital engagement remains undiminished. The company's earnings presentation shows that within the merchant acceptance segment, organic revenue growth was 18% to $1.6 billion.
Fiserv (FISV) earnings and revenues increased year over year in first-quarter 2023.
Frank Bisignano, Fiserv CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results and guidance, how the CEO thinks about the lending picture this year and Fiserv's Clover business.
Fiserv (FISV) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.40 per share a year ago.
Payments firm Fiserv says it can eliminate the wait associated with new physical debit cards. The company announced Tuesday (April 18) that its capabilities let cardholders access new or replacement cards electronically.
Here is how Fiserv (FISV) and Vontier Corporation (VNT) have performed compared to their sector so far this year.