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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fiserv's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fiserv's position in the market.
Fiserv (NASDAQ: FISV) announced that SunStream Business Services will adopt its core platform to enhance agricultural lending operations. This transition aims to improve loan servicing for shareholders including AgriBank and others, managing over $82 billion in assets. The DNA platform will enable quick adaptation to regulatory changes, streamline operations, and enhance service offerings for farm and ranch operators. Executive statements highlight the necessity for a versatile, integrated system to manage diverse loan portfolios effectively.
Fiserv (NASDAQ: FISV) has launched the Digital Mortgage Center, revolutionizing mortgage lending by enabling lenders to expedite the loan process from application to appraisal in minutes. This platform, which integrates with BeSmartee, offers a streamlined user experience, allowing borrowers and lenders to manage their interactions on any device. The system boasts over 165 integrations aimed at enhancing efficiency through features like automated underwriting and real-time analytics.
Vice President Richard Novak emphasizes that this innovation addresses rising origination costs and improved borrower expectations.
Fiserv, a leading provider of payments and financial services technology, has released its 2021 Corporate Social Responsibility (CSR) Report, showcasing its commitment to empowering people, advancing communities, and promoting responsible business practices. Key highlights include a 34% diverse U.S. workforce, a $50 million commitment to minority-owned businesses through the Back2Business initiative, and significant philanthropic donations exceeding $6 million. The report adheres to SASB and GRI standards and emphasizes Fiserv's dedication to sustainability, including recycling 250,000 short tons of paper and reducing greenhouse gas emissions.
Agilysys, Inc. (NASDAQ: AGYS) has appointed Terrie O’Hanlon as its new Chief Marketing Officer (CMO). With over 25 years of experience, O'Hanlon has led growth marketing strategies for various global technology firms. Her role will focus on enhancing Agilysys' global market presence and revenue growth through targeted marketing initiatives. O'Hanlon's previous roles include CMO at GreyOrange and DefenseStorm, contributing to significant brand advancements. Under her leadership, Agilysys aims to leverage recent investments in modernizing its software solutions.
Fiserv, a global leader in payments and financial technology, will have CEO Frank Bisignano present virtually at MoffettNathanson’s Annual Payments, Processors and IT Services Summit on May 12, 2022, at 10:00 a.m. ET. Investors can access a live webcast and archived replay on Fiserv's investor relations website. Fiserv aims to innovate in various sectors, including digital banking, payments, and merchant processing, and has been recognized by FORTUNE and Fast Company for its excellence and innovation.
The latest research from Fiserv reveals that credit and debit cards are the preferred payment method for consumers across generations. The study highlights that 75% of consumers choose cards for dining and groceries, while 51% opt for credit on purchases over $500. A significant 68% have multiple credit cards, with rewards being a primary selection factor. Notably, digital cards are gaining traction, though 68% still prefer physical cards for security and acceptance reasons. The survey involved 3,007 U.S. adults and emphasizes the importance of consumer control in card management.
Fiserv (NASDAQ: FISV) has been awarded the Omnichannel Provider of the Year for the second consecutive year by The Strawhecker Group. This recognition highlights Fiserv’s robust capabilities in delivering innovative omnichannel solutions through its Carat operating system for large enterprises and Clover POS platform for SMBs. TSG praised Fiserv's advancements in connected car commerce, social media payments, and voice-enabled commerce, showcasing the company's commitment to enhancing the consumer shopping experience.
Affirm has partnered with Fiserv, a global leader in payments technology, to integrate Affirm's services into Fiserv's Carat℠ operating system. This collaboration allows Fiserv's enterprise merchant clients to offer Affirm's Adaptive Checkout™, enabling consumers to select biweekly or monthly payment options at checkout. This move aims to address the increasing demand for buy now, pay later options. Notably, merchants using Affirm have reported up to an 85% increase in average order values. The rollout is set for later this year.
Fiserv has partnered with Affirm, integrating the Buy Now Pay Later (BNPL) option into its Carat system. This collaboration simplifies the adoption of BNPL for businesses of various sizes, allowing them to choose from multiple payment options effectively. Currently, Fiserv offers BNPL through Bread, Synchrony, and Zip, and the Affirm integration will enhance customer payment flexibility. Approximately half of U.S. consumers prefer merchants that provide pay-over-time options, making this integration a strategic move for attracting and retaining customers.
Fiserv is enhancing real-time payment capabilities for financial institutions through a partnership with The Clearing House. This collaboration allows Fiserv's clients to access the RTP network via the NOW Gateway, facilitating services like Zelle® payments and real-time bill payments. The RTP network currently connects over 60% of U.S. bank accounts. Fiserv reports consistent double-digit growth in real-time P2P payments, indicating strong demand for these services.
