Fiserv (FI), a leading financial technology company, shows compelling performance and notable developments. It is anticipated to
exhibit earnings growth in an upcoming quarterly report. Wall street researchers set all eyes on key metrics while some growth concerns arise to prompt a downgrade to 'Sell'. Fiserv's groundbreaking
Point-of-Sale system, Clover, has been launched in Australia. The company's stock demonstrated a considerable annual hike, and plans for a regional headquarters in Kansas is projected. This move entails about
2,000 new hires. The firm bagged major contracts like the Fiserv DNA Platform selection by Republic Bank for a complete digital overhaul. It managed to expand Clover to Australia despite a 3% stock dip. Jim Cramer holds the company in high regard and sees it as one of the greatest financial technology companies.
CEO Michael P. Lyons was newly appointed, and the partnership with StoneX was announced, aiming to elevate cross-border payment capabilities. A
massive 60M share buyback exhibits management's confidence in the business's future. The company's C$193M Payfare acquisition which bodes well for reshaping embedded banking solutions.
Fiserv FI News Analytics from Sun, 06 Oct 2024 07:00:00 GMT to Fri, 18 Apr 2025 17:18:49 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 2