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.
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Fiserv (NASDAQ: FISV) has entered into a definitive agreement to acquire Pineapple Payments, enhancing its payment processing services for merchants. This acquisition aims to leverage Pineapple's distribution channels to offer innovative payment solutions, including the CoPilot partner platform and Clover® services. Pineapple Payments, serving over 25,000 merchants, specializes in omni-channel payment solutions. The deal is expected to close in Q2 2021, although financial terms were not disclosed.
Fiserv (NASDAQ: FISV) announced that Frank Bisignano, its President and CEO, will present at the Wolfe Virtual FinTech Forum on March 9, 2021, at 8:40 a.m. ET. This presentation will showcase Fiserv's role as a leader in financial technology and payment solutions.
A live webcast and replay will be available on the investor relations section of Fiserv's website. Fiserv aims to enhance financial operations through innovative solutions across various sectors, including digital banking, e-commerce, and merchant processing.
Fiserv (NASDAQ: FISV), a leader in financial technology and payments solutions, announced that CEO Frank Bisignano will present at the Evercore ISI Payments and FinTech Innovators Forum on March 4, 2021, at 10:15 a.m. ET. A live webcast and archived replay will be accessible on the investor relations section of the Fiserv website.
Fiserv focuses on innovation in digital banking, account processing, and payment solutions, and is a member of the S&P 500 and Fortune 500.
Fiserv (NASDAQ: FISV) has announced an increase in its investment for the Back2Business program from $10 million to $50 million. This initiative, part of the Fiserv Forward Together Plan, focuses on supporting small, minority-owned businesses in various communities. Since its inception, Back2Business has launched in cities like Milwaukee, New York City, and Atlanta, providing financial support and technology solutions. The increased funding aims to address the ongoing needs of small business owners and enhance community engagement.
Fiserv, Inc. (NASDAQ: FISV) reported its fourth quarter and full year 2020 results, revealing a 5% decline in Q4 revenue to $3.83 billion, while full year revenue increased 46% to $14.85 billion. Q4 GAAP earnings per share was $0.44, a 22% rise year-over-year, although annual EPS dropped 18% to $1.40. The company's adjusted operating margin improved to 35.6% in Q4. Fiserv anticipates 2021 internal revenue growth of 8% to 12% and adjusted EPS between $5.30 and $5.50. The company also repurchased shares and reduced debt significantly in 2020.
Bank of the West, a subsidiary of BNP Paribas, is launching the Turnkey Service for Zelle: Small Business, developed in partnership with Fiserv (NASDAQ: FISV). This service allows small business customers to quickly send and receive digital payments. The initiative follows a surge in demand for Zelle's person-to-person payments among retail banking clients, particularly post-COVID-19. It aims to enhance customer engagement and streamline payment processes for up to 30 million small businesses in the U.S., providing instant fund transfers and eliminating traditional cash and check concerns.
Fiserv, Inc. (NASDAQ: FISV) has successfully completed its acquisition of Ondot Systems, Inc. This strategic acquisition strengthens Fiserv's digital capabilities, allowing it to offer an integrated suite of solutions that facilitate frictionless and personalized consumer experiences. According to CEO Frank Bisignano, this move is essential in enhancing services for clients of all sizes. Fiserv continues to be a leading provider in payments and financial technology, aiming to innovate continuously across various financial services sectors.
Fiserv, Inc. (NASDAQ: FISV) will release its financial results for Q4 and the full year on February 9, 2021, after market close. A live webcast will follow at 4 p.m. CT to discuss these results, accessible via the investor relations page on the Fiserv website. The company is recognized as a global leader in payments and financial technology, offering services that include account processing, digital banking, and merchant processing. Fiserv is part of the S&P 500 Index and has been acknowledged as one of FORTUNE's Most Admired Companies.
