Fiserv, a major player in the financial technology world, is launching a new stablecoin dubbed
FIUSD. This marks the company's significant expansion in the digital asset sector, transforming how financial institutions utilize and incorporate these assets, notably, stablecoins. The company has allied with
Mastercard and
PayPal to aid in the mainstream adoption and implementation of FIUSD across their global payment networks. This stablecoin will be accessible to banks, thereby significantly altering the future of cross-border payments. Impacted by these events, Fiserv's stock (FI) has witnessed an increase. Furthermore, to promote European growth, Fiserv has acquired
AIB Merchant Services, a well-established European Payment Processor. The
U.S. Bank will work alongside Fiserv to amplify digital agent card issuance. Fiserv's expansionist strategy has also impacted negatively as its Q2 2025 price target was cut to $225 by Baird due to its recent acquisitions.
Fiserv FI News Analytics from Wed, 02 Apr 2025 07:00:00 GMT to Sat, 28 Jun 2025 08:21:45 GMT -
Innovation 8
- Rumor 6
