Fiserv(FI)
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Investors vie to lead Fiserv stock lawsuit
Yahoo Finance· 2025-10-07 15:44
Core Viewpoint - A South Florida police pension fund and a European investment firm are seeking to be lead plaintiffs in a class-action lawsuit against Fiserv, alleging misleading statements regarding its Clover unit and significant financial losses due to share price declines [1][4]. Group 1: Lawsuit Details - The lawsuit was filed in July 2024, claiming Fiserv misled investors by not disclosing the forced migration of merchants to its Clover point-of-sale product during late 2023 to mid-2024 [4]. - The complaint names Fiserv and four executives, including current CEO Michael Lyons and former CEO Frank Bisignano, as defendants [5]. - The litigation targets investors who purchased or owned Fiserv stock between July 24, 2024, and July 22, 2025 [5]. Group 2: Financial Impact - The Hollywood police pension fund reported a loss of $1.67 million due to the decline in Fiserv shares, while Ethenea Independent Investors SA claimed a loss of $5.95 million on its investment in Fiserv [2]. - Fiserv's shares have declined by 38% this year, indicating significant financial distress for the company [6]. Group 3: Legal Process - The selection of a lead shareholder plaintiff is influenced by the size of the investor's losses and the capability of their attorneys to manage the litigation, as per the 1995 Private Securities Litigation Reform Act [3]. - The pension fund for police officers in Hollywood, Florida, manages approximately $460 million, while Ethenea Independent Investors SA manages about €2.4 billion ($2.8 billion) in assets [7].
Billionaires Are Piling Into United Health Group and These 2 Stocks
247Wallst· 2025-10-07 13:35
Core Insights - UnitedHealth Group, Bristol-Myers Squibb, and Fiserv are attracting significant attention from major investors [1] Company Summaries - UnitedHealth Group (NYSE:UNH) is noted for its strong position in the healthcare sector, appealing to large-scale investors [1] - Bristol-Myers Squibb (NYSE:BMY) continues to be a focal point for investment, indicating confidence in its pharmaceutical offerings [1] - Fiserv (NYSE:FI) is also receiving considerable interest from prominent investors, reflecting its importance in the financial services industry [1]
What Makes Fiserv (FI) an Attractive Investment Bet?
Yahoo Finance· 2025-10-06 15:18
Core Insights - Vltava Fund's third-quarter 2025 investor letter discusses the concepts of value traps and growth traps, emphasizing their interconnectedness rather than viewing them as opposites [1] - The letter highlights the importance of combining a reasonable price with a realistic outlook when investing in both value and growth stocks [1] Company Overview: Fiserv, Inc. - Fiserv, Inc. is a leading provider of financial technology infrastructure and is part of the S&P 500 index, operating in over 100 countries [3] - The company specializes in payment transaction processing and card operations, offering a wide range of services for merchants, including payment acceptance and e-commerce integrations [3] - Fiserv's growth was significantly bolstered by the acquisition of First Data in 2019, enhancing its merchant acceptance segment and leading to the development of the Clover platform, a rapidly growing POS solution for small and medium-sized businesses [3] Financial Performance - Fiserv, Inc. experienced a one-month return of -5.55% and a 52-week decline of 31.20% [2] - As of October 3, 2025, Fiserv's stock closed at $127.56 per share, with a market capitalization of $69.341 billion [2]
Fiserv Inc. (FI) Strengthens Core Banking Prospects with SCG Acquisition
Yahoo Finance· 2025-10-03 08:47
Fiserv Inc. (NYSE:FI) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, the company confirmed the acquisition of Smith Consulting Group (SCG). The acquisition is poised to strengthen the company’s operations in offering core banking and advisory services. It will also enhance the company’s ability to deliver end-to-end transformation for community banks and credit unions. Fiserv Inc. (FI) Strengthens Core Banking Prospects with SCG Acquisition The two compan ...
Fiserv, Inc. (FI) to Target Financial Institutions with StoneCastle Cash Management Acquisition
Yahoo Finance· 2025-10-03 08:47
Fiserv, Inc. (NYSE:FI) is one of the best buy-the-dip stocks to buy, according to analysts. On September 29, the company entered into an agreement to acquire StoneCastle Cash Management. With the acquisition, the company strengthens its prospects as a technology-enabled source of billions of institutional deposits. Fiserv, Inc. (FI) to Target Financial Institutions with StoneCastle Cash Management Acquisition StoneCastle partners with Fiserv, leveraging a network of depository institutions that includes ...
Fiserv Reveals Content Next to Strengthen Banks’ AI-Powered Content Management
Yahoo Finance· 2025-10-02 22:52
Fiserv, Inc. (NYSE:FI) is among the 10 Best Mobile Payments Stocks to Buy Now. Fiserv, Inc. (NYSE:FI) announced the release of Content Next, a cloud-based content management and workflow platform jointly developed with OpenText. The solution’s fundamental AI, automation, and smooth connectivity with Google Workspace and Microsoft 365 are intended to assist financial institutions in automating their operations. Fiserv Reveals Content Next to Strengthen Banks' AI-Powered Content Management According to Fis ...
Fiserv: A Value Investor's Golden Ticket
Seeking Alpha· 2025-10-01 07:07
Group 1 - The article discusses the interest of a college freshman in macro and value investing, focusing on tracking broad economic themes and their implications for securities with asymmetric return profiles [1]
Fiserv Announces Acquisition of Smith Consulting Group
Crowdfund Insider· 2025-09-30 01:26
Core Insights - Fiserv, Inc. has acquired Smith Consulting Group (SCG), enhancing its operational consulting services for community banks and credit unions in the US [1] - The acquisition aims to strengthen Fiserv's position as a provider of core banking and advisory services, facilitating end-to-end transformation for its clients [1][1] - Financial terms of the transaction were not disclosed [1] Company Strategy - The addition of SCG allows Fiserv to embed deeper expertise into its service model, enabling earlier and smarter advisory solutions for financial institutions [1][1] - Fiserv and SCG have been partners for over a decade, indicating a strong historical relationship in supporting community banks and credit unions [1][1] Service Offerings - SCG provides consulting services across various Fiserv banking platforms, including DNA, Signature, and Bank Intelligence [1] - The consulting services focus on banking software system conversions, core operations, customer service, online and mobile banking, and other interfaces [1][1] Industry Position - Fiserv is recognized as a global enabler of payments and financial technology, committed to innovation in account processing, digital banking, and merchant services [1] - The acquisition of SCG aligns with Fiserv's goal to help financial institutions achieve growth with speed, clarity, and confidence [1][1]
Fiserv Launches Content Next to Accelerate AI-Driven Content Management and Workflow Optimization for Financial Institutions
Businesswire· 2025-09-29 17:30
Core Insights - Fiserv, Inc. has launched Content Next™, a next-generation, multi-tenant, cloud-based content management and workflow solution aimed at enhancing digital transformation in the banking sector [1] - The solution emphasizes agility, intelligence, and customer experience, indicating a shift towards more responsive and user-centric financial services [1] - Content Next™ was developed in collaboration with OpenText, a leader in secure information management for AI, highlighting a strategic partnership to bolster technological capabilities [1] Company Overview - Fiserv, Inc. is recognized as a leading global provider of payments and financial services technology, indicating its significant role in the financial technology landscape [1] - The introduction of Content Next™ reflects Fiserv's commitment to innovation and meeting the evolving needs of the banking industry [1] Industry Impact - The launch of Content Next™ is positioned to raise the standards for digital transformation in banking, suggesting a competitive advantage for institutions that adopt this technology [1] - The focus on customer experience and agility aligns with broader industry trends towards digitalization and enhanced service delivery in financial services [1]
OpenText™ and Fiserv Drive Resilient Information Management in Financial Services
Prnewswire· 2025-09-29 17:30
The joint showcase at Fiserv Forum Client Conference Sep. 29-30, 2025, highlights new solutions to reduce manual effort, strengthen governance and improve customer experiences , /PRNewswire/ --Â OpenTextâ"¢ (NASDAQ: OTEX, TSX: OTEX), a global leader in secure information management for AI, and Fiserv, Inc., a global leader in payments and financial technology, today announced Content Next, a specialized, AI-powered content management and workflow solution for financial institutions. Intelligent Content Work ...