108.49 -0.05 (-0.05%)
After hours: 7:44PM EST
|Bid||107.51 x 1800|
|Ask||108.49 x 1800|
|Day's Range||108.17 - 112.74|
|52 Week Range||81.62 - 125.05|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||63.51|
|Earnings Date||Apr 27, 2020 - May 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||135.70|
Small and mid-size businesses can enhance efficiency and improve customer experience at the checkout with the new Clover® Station Pro from Fiserv.
Air Academy Federal Credit Union has selected a new core account processing platform and suite of integrated solutions from Fiserv.
A growing number of financial institutions are joining the Zelle Network via Fiserv to enable person-to-person (P2P) payment capabilities.
What makes a portfolio one of the best mutual funds? A nose for the best stocks to buy now, judging by Commerce Growth Fund.
I don't know how you could have missed it, but in case you did, Amazon (AMZN) blew earnings out of the water recently, with the stock busting through all-time highs, notes Eddy Elfenbein, editor of Growth Stock Advisor.
Motive Partners, a specialist private equity firm focused on technology-enabled business and financial services companies, today announced the closing of its previously announced transaction with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, under which Motive Partners has acquired a majority interest in the Investment Services business of Fiserv. Fiserv retained a 40% equity interest in the business.
Fiserv has completed the previously announced sale of its majority interest in its Investment Services business to Motive Partners.
LONDON/MILAN, Feb 19 (Reuters) - Italian payments firm SIA is moving ahead with preparations for a share listing on the Milan bourse and is expected to pick JPMorgan and UniCredit in what would be one of southern Europe's largest floats this year, sources said. SIA, which is being advised by Rothschild, has sent out requests for proposals to banks for potential roles in organising the deal and is looking to fill them in the coming weeks, the sources said.
Long-Term Leaders stabilize your portfolio and offer stellar long-term growth. Visa, UnitedHealth, Fiserv, TransDigm and Monolithic Power are setting up.
Fintech is easily one of the hottest emerging industries, providing consumers and businesses alike with financial technology services. These are some of the top fintech companies in 2019.
Mergers between Fiserv and First Data, FIS and and Worldpay, and Global Payments and TSYS dominated the industry in the past year.
Global Payments topped Q4 profit forecasts early Wednesday but guided low for this year, after a year of major consolidation for payment stocks.
Restaurants can offer guests a more efficient, flexible, and secure payment experience with Scan to Pay, a first of its kind feature available with the Clover® platform from Fiserv, Inc., (NASDAQ: FISV), a leading provider of financial services technology. Developed to expedite the payments experience in response to consumers’ increasing expectations for speed and convenience, Scan to Pay helps eliminate inefficiencies within the traditional full-service restaurant payment process by allowing a guest to pay a bill and tip within seconds using their iPhone and Apple Pay. Scan to Pay is a pioneering innovation and does not require the download of an additional app.
A new Fiserv whitepaper outlines how financial institutions can enable competitive differentiation, customer experiences and growth with open banking.
(Bloomberg) -- Worldline SA’s 7.8 billion-euro ($8.6 billion) acquisition of rival Ingenico Group SA will create a European payments giant, but the combined French behemoth may still simply not be big enough to face off globally against its substantial and fast-moving U.S. competition.Trillion-dollar tech firms like Apple Inc. and Amazon.com Inc. are rapidly expanding their payment products across the globe, and Apple Pay has already eclipsed the mobile payment solution offered by Copenhagen-based Nets A/S. Paypal Inc. posted $17.8 billion last year, and Fiserv Inc., which acquired First Data Corp. in the same period, generates about $15.3 billion in revenue.Worldline plans that its latest acquisition -- the biggest deal of the year so far in Europe -- will help it generate annual revenue of about 5.3 billion euros, however. And, with the Ingenico purchase, it also takes on a company that for years has struggled to pivot from legacy operations of capturing transactions on behalf of credit card companies in stores, toward areas like online shopping.Worldline Chief Executive Officer Gilles Grapinet says there are more deals to consider.“While acquisitions certainly enable us to acquire new innovative solutions and talent to strengthen our ranks, they also significantly increase our strength in innovation,” he told Bloomberg, adding that the company planned to remain “a driving force” behind industry consolidation on the continent.The global payments industry may reach $2.7 trillion a year in revenue by 2023, according to research by McKinsey, and is spread among those who help connect consumers, merchants, and banks. Worldline is already a European leader in many of those areas. The Ingenico merger will also vault it above Germany’s Wirecard AG in terms of market value, behind only Dutch-based Adyen AG.Worldline’s share price has gained about 10% for the year to date, and about 36% over the past 12 months. The presence of a sizable and growing European payments firm among U.S. giants will help speed up the ongoing consolidation on the continent, said Martina Weimert, Partner in the Financial Services Practice at Oliver Wyman.But Jonathan Simnett, director at the tech mergers and acquisitions advisory firm Hampleton Partners, described Worldline’s Ingenico deal as “defensive.”“They will still be under pressure as buying habits continue to change and more transactions move online,” he said. “They must move very quickly to stay relevant.”A clue as to whether and how Worldline can do so may be found in observing its loyalty toward old businesses, both of its own and those of its deal targets. For instance, the strategic review for Ingenico’s legacy business of terminals leaves “options open” for that unit, Grapinet told reporters on Monday.Like it’s U.S. rivals, Worldline is also trying to find startups that can keep it nimble. Last year it helped create a fintech incubator focusing on e-payments, and partnered with Swiss crypto financial-services Bitcoin Suisse to get a footprint in the cryptocurrency payment services.“Everybody is under competitive pressure, everyone is trying to grab more of a declining market,” said Simnett. “Expect bigger players to form, we will see more consolidation.”(Updates with shares in 7th paragraph; earlier version corrected Worldline company name in 8th)To contact the reporter on this story: Helene Fouquet in Paris at firstname.lastname@example.orgTo contact the editors responsible for this story: Giles Turner at email@example.com, Nate LanxonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
There are several positive factors supporting a continuation of the bull market that began in March 2009: interest rates are low, GDP growth is consistent and solid, earnings are poised to grow, and valuations are not yet overly stretched, forecasts John Eade, chairman and CEO of Argus Research Group.
ZA Bank, the first virtual bank to launch a pilot trial in Hong Kong, is leveraging Fiserv technology to enable a transformative banking experience.