STOCK TITAN

Fiserv, Inc. - FI STOCK NEWS

Welcome to our dedicated page for Fiserv news (Ticker: FI), a resource for investors and traders seeking the latest updates and insights on Fiserv stock.

Fiserv, Inc. (NASDAQ: FI) is a prominent American multinational corporation headquartered in Brookfield, Wisconsin. With a rich history in the financial technology sector, Fiserv provides a broad range of services to banks, credit unions, securities broker-dealers, mortgage companies, insurance firms, leasing and finance companies, and retailers.

As a leading provider of core processing and complementary services, Fiserv specializes in electronic funds transfer, payment processing, and loan processing. These services are critical for small and midsize banks and credit unions, helping them manage their day-to-day operations efficiently.

In 2019, Fiserv significantly expanded its capabilities by merging with First Data, a move that strengthened its position in the payment processing sector, particularly for merchants. This merger has allowed Fiserv to offer a more comprehensive suite of payment solutions and enhance its service offerings.

Despite being primarily focused on the US market, approximately 10% of Fiserv's revenue is generated from international operations. This global reach ensures that the company remains a key player in the financial technology landscape worldwide.

Fiserv's dedication to innovation and customer satisfaction has led to numerous recent achievements. The company continues to invest in new technologies and partnerships to stay ahead in the competitive fintech market. Current projects include the development of advanced payment solutions, improved security measures, and enhanced digital banking platforms.

Financially, Fiserv maintains a strong position with consistent revenue growth and robust financial health. The company's strategic initiatives and operational efficiencies contribute to its long-term stability and growth potential.

Rhea-AI Summary
Fiserv, Inc. (NYSE: FI) Recognized as Top FinTech Company for Digital Payments Innovation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
none
-
Rhea-AI Summary
Fiserv, Inc. (NYSE: FI) appoints Charlotte Yarkoni, a proven technology leader with a background in cloud-based applications, to its board of directors. Yarkoni's extensive experience includes executive roles at Microsoft, Telstra Software Group, EMC, and VMWare, as well as CEO of a tech startup.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
none
Rhea-AI Summary
Fiserv announces partnership with Amazon, allowing eligible debit and credit cardholders to redeem uChoose Rewards points for purchases on Amazon.com and the Amazon mobile app. Over 200 financial institutions are already enrolled, with hundreds more to join by the end of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
none
-
Rhea-AI Summary
Fiserv (FI) Adds Amazon Shop with Points Program to uChoose Rewards, allowing cardholders at hundreds of banks and credit unions to redeem points for purchases on Amazon.com and the Amazon mobile app. More than 200 financial institutions are already enrolled, with hundreds more to follow by year-end. Seamless usage of uChoose Rewards points during checkout on Amazon.com and the Amazon mobile app. No fee to use rewards points for an order.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
none
-
Rhea-AI Summary
Fiserv Inc. reported a 7% increase in GAAP revenue for Q2 2023, reaching $4.76 billion, with growth in the Acceptance and Payments segments. GAAP EPS increased by 20% in the quarter. The company also raised its 2023 organic revenue growth outlook to 9-11% and adjusted EPS outlook to $7.40-$7.50.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
Tags
Rhea-AI Summary
Trintech acquires Frontier Reconciliation and Accurate Reconciliation from Fiserv to enhance its financial close automation capabilities. The acquisition brings in 400 blue-chip clients and expands Trintech's accounting automation platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
Tags
-
Rhea-AI Summary
Fiserv supports real-time payments on the Federal Reserve's FedNow Service, with nearly 100 banks and credit unions committing to be part of the service. Fiserv clients can connect to the FedNow Service via NOW Gateway or Payments Exchange, making it easier for financial institutions to meet the real-time payment needs of their customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none
-
Rhea-AI Summary
Wellesley Hills Financial, a fintech and software focused investment bank, has appointed O.B. Rawls as Partner and Executive Director. Rawls, a payments industry veteran, brings extensive experience and a global network to the firm. He will focus on accelerating growth in the payments and payments technology verticals. Wellesley Hills Financial provides investment banking services to businesses in fintech, payments technology, and SaaS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
Rhea-AI Summary
Fiserv, Inc. (NYSE: FI) will announce its second quarter financial results on July 26, 2023. The company will discuss the results in a live webcast at 7 a.m. CT. The webcast and financial information can be accessed on the investor relations section of the Fiserv website. A replay will be available after the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags

FAQ

What is the current stock price of Fiserv (FI)?

The current stock price of Fiserv (FI) is $217.94 as of November 20, 2024.

What is the market cap of Fiserv (FI)?

The market cap of Fiserv (FI) is approximately 124.5B.

What does Fiserv, Inc. do?

Fiserv provides financial technology services such as electronic funds transfer, payment processing, and loan processing to various financial institutions and retailers.

Where is Fiserv headquartered?

Fiserv is headquartered in Brookfield, Wisconsin, USA.

What was the impact of the merger with First Data?

The merger with First Data in 2019 expanded Fiserv's capabilities in payment processing services for merchants, enhancing its overall service offerings.

Which sectors does Fiserv serve?

Fiserv serves banks, credit unions, securities broker-dealers, mortgage companies, insurance firms, leasing and finance companies, and retailers.

What percentage of Fiserv's revenue is generated internationally?

Approximately 10% of Fiserv's revenue is generated internationally.

What recent achievements has Fiserv made?

Fiserv has made numerous advancements in payment solutions, security measures, and digital banking platforms, investing in new technologies and partnerships.

What are Fiserv's core services?

Fiserv's core services include electronic funds transfer, payment processing, and loan processing.

How does Fiserv support small and midsize banks?

Fiserv provides essential core processing and complementary services, enabling small and midsize banks to manage their operations efficiently.

Is Fiserv financially stable?

Yes, Fiserv maintains a strong financial position with consistent revenue growth and robust financial health.

What is Fiserv's approach to innovation?

Fiserv is dedicated to innovation, continuously investing in new technologies and projects to stay competitive in the fintech market.

Fiserv, Inc.

NYSE:FI

FI Rankings

FI Stock Data

124.48B
565.05M
0.62%
92.77%
1.45%
Information Technology Services
Services-business Services, Nec
Link
United States of America
MILWAUKEE