ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Genesis Bank (“Genesis” or the “Bank”), announced today that Genesis and Fiserv, Inc. (NYSE:FI) will partner to offer businesses located primarily in low- and moderate-income (“LMI”) communities access to Clover point-of-sale (“POS”) technology, with zero entry costs and significantly discounted subscription fees. The popular Clover point-of-sale and business management system from Fiserv enables small- and mid-sized businesses to accept payments and run their busines ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced the appointment of Lance Fritz to its board of directors. Fritz served as chairman, president and chief executive officer of Union Pacific Corporation from 2015 until his retirement in 2023. Fritz began his Union Pacific career in 2000 as a vice president of marketing and sales and held executive roles in operations and labor relations during his tenure. Bef ...

Fintech stocks continue to witness greater investor attention because financial services are becoming more innovative when processing transactions, servicing customer needs and participating in the growth of cloud-based platform adoption.The innovation and growth within the industry give investors seeking lesser-known companies the opportunity to buy in early and experience a greater upside potential than stocks all investors have eyes on, such as large financial services companies like Visa (NYSE:V), Maste ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology solutions, is expanding its CheckFreePay® network for in-person bill payment to include the ATM network of NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding financial access for financial institutions, retailers and consumers. Cash-preferred consumers will be able to pay a wide array of household bills simply and securely at thousands of ATM locations, including at t ...

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Fiserv, Inc. (NYSE:FI) Q4 2023 Earnings Conference Call February 6, 2024 8:00 AM ET Company Participants Julie Chariell - SVP of IR Frank Bisignano - Chairman, President and CEO Robert Hau - CFO Conference Call Participants David Togut - Evercore ISI Tien-Tsin Huang - JPMorgan Darrin Peller - Wolfe Research Timothy Chiodo - UBS Dan Dolev - Mizuho Securities Jason Kupferberg - Bank of America Dave Koning - Baird Ashwin Shirvaikar - Citi Operator Welcome to the Fiserv Fourth Quarter 2023 Earnings Conference C ...

Fiserv, Inc.(FI) reported mixed fourth-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the mark.Adjusted earnings per share (excluding 40 cents from non-recurring items) of $2.19 exceeded the consensus mark by 1.9% and increased 14.7% year over year. Adjusted revenues of $4.64 billion missed the consensus estimate by 1.1% but increased slightly on a year-over-year basis.Organic revenue growth was 12% in the quarter, driven by 24% and 4% growth in the Acceptance ...

Fiserv’s most recent results show momentum as smaller businesses and financial institutions (FIs) alike invest in upgrading their digital and mobile capabilities and payments acceptance.Earnings supplementals released alongside the earnings announcement showed that the Merchant Acceptance segment recorded 24% organic revenue growth to $2.1 billion. Clover-related revenues gathered 30%, and management noted on the call that annualized gross payment volume stands at $271 billion, up 17%, with increased penetr ...

Fiserv (FI) reported $4.64 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 6.4%. EPS of $2.19 for the same period compares to $1.91 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.69 billion, representing a surprise of -1.03%. The company delivered an EPS surprise of +1.86%, with the consensus EPS estimate being $2.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Fiserv (FI) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.86%. A quarter ago, it was expected that this financial services technology company would post earnings of $1.94 per share when it actually produced earnings of $1.96, delivering a surprise of 1.03%.Over the last four quart ...