Core Insights - Fiserv, Inc. (NYSE: FI) is a financial technology company specializing in payment processing and money movement solutions, connecting financial institutions and businesses globally [1] - The stock has experienced a significant decline of 33% year-to-date, indicating potential concerns regarding its market performance [1] Company Overview - Fiserv provides reliable solutions that facilitate transactions between financial institutions and their customers [1] - The company operates in a competitive financial technology sector, which is influenced by macroeconomic trends and central bank policies [1] Market Context - The decline in Fiserv's stock price may reflect broader market dynamics and investor sentiment towards financial technology companies [1] - The analysis emphasizes the importance of understanding macro trends and their impact on asset prices and investor behavior [1]

Market Overview - The current investment landscape appears stable but is experiencing underlying chaos due to geopolitical tensions, deglobalization, rising debt levels, and supply chain disruptions [2] - Nominal growth is faster but also more volatile and unpredictable, with companies needing to find internal resilience as external support from low interest rates and inflation diminishes [2] Structural Innovations - Innovations such as AI, blockchain, GLP-1 therapies, and decarbonization are fundamentally reshaping business growth [3] - Traditional business models, particularly in software, are threatened by AI's ability to produce similar outputs at low costs [3] Economic Shifts - The year 2025 is seen as a pivotal point marking the end of the initial phase of significant economic regime shifts, with multiple macroeconomic pillars unwinding simultaneously [5] - The U.S. Treasury is now offering meaningful yields on new debt, leading to an annual interest expense approaching $1 trillion, which presents immediate fiscal challenges [10] Supply Chain and Inflation - Governments are localizing supply chains and building strategic stockpiles, leading to inefficiencies and increased costs in infrastructure and manufacturing [11][12] - A new regime of persistent inflation is anticipated, driven by constrained supply and inelastic demand, affecting affordability for consumers and corporations [13] Corporate Performance - The ClearBridge Value Strategy outperformed its benchmark, with strong contributions from sectors like utilities and communication services, particularly benefiting from AI-related developments [19][20] - The health care sector faced challenges due to regulatory concerns and rising medical costs, impacting major companies like UnitedHealth Group [21] Portfolio Positioning - A shift towards value-oriented investments is noted, with sectors tied to industrial activity and energy production expected to benefit from infrastructure rebuilding [23] - The strategy emphasizes the importance of companies with pricing power and real assets, as traditional safe havens face valuation pressures [23] Outlook - The U.S. economy is currently supported by fiscal expansion, but concerns about sustainability are rising, with tariffs and immigration policies likely to increase inflation and reduce growth [26][27] - Opportunities are identified in real assets like gold and copper, which serve as hedges against inflation and geopolitical risks [27]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Fiserv, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fiserv common stock purchases is from July 24, 2024, to July 22, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by September 22, 2025 [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]. Group 3: Case Allegations - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older Payeezy platform [4]. - It is claimed that Clover's revenue growth was artificially inflated by these forced conversions, masking a slowdown in new merchant business [4]. - The lawsuit further states that many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's growth [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fiserv, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's Clover platform and its impact on merchant business [1][3]. Group 1: Allegations Against Fiserv - The complaint alleges that Fiserv forced Payeezy merchants to convert to its Clover platform due to issues with the older Payeezy platform [3]. - Clover's revenue growth was temporarily inflated by these conversions, masking a slowdown in new merchant acquisitions [3]. - A significant number of former Payeezy merchants switched to competitors due to Clover's high pricing and inadequate customer service [3]. - As a result of these merchant losses, Clover's GPV (Gross Payment Volume) growth slowed significantly, and its revenue growth became unsustainable [3]. - Fiserv's positive statements regarding Clover's growth strategies and business prospects during the class period were deemed materially false and misleading [3]. Group 2: Class Action Details - The class period for the lawsuit is from July 24, 2024, to July 22, 2025 [3]. - Shareholders are encouraged to register for the class action by September 22, 2025, to potentially be appointed as lead plaintiffs [4]. - There is no cost or obligation for shareholders to participate in the case, and they will receive updates through a portfolio monitoring software [4]. Group 3: Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices, ensuring companies adhere to responsible business practices [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements that inflated stock prices [5].

Core Insights - Fiserv, Inc. has been ranked first in the 2025 IDC FinTech Top 100 Rankings for the third consecutive year, highlighting its strong position in the financial technology sector [1] Company Performance - The recognition emphasizes Fiserv's unique role at the intersection of banking and commerce, showcasing its ability to scale leading technology globally to meet client needs [1]

Market Overview - The stock market experienced significant volatility in Q2 2025, with the S&P 500 reaching an all-time high by the end of June despite a 7% drop from April 2 to April 7 due to the liberation day tariff announcement [1] - The market rebounded, gaining over 22% from the April 7 low through the end of June [1] - The Russell 1000 Growth returned 17.8% and the S&P 500 returned 10.9% in the quarter, with large caps outperforming small caps and growth outperforming value [1] Renaissance Large Cap Growth Strategy Performance - The strategy outperformed the S&P 500 Index but underperformed the Russell 1000 Growth benchmark during the quarter [1] Fiserv, Inc. (NYSE:FI) Performance - Fiserv, Inc. had a one-month return of 3.09% but lost 20.88% of its value over the last 52 weeks, closing at $136.41 per share with a market capitalization of $74.15 billion on September 09, 2025 [2] - Fiserv was the largest detractor from portfolio performance in Q2 2025, despite organic revenue growth exceeding expectations [3] - The underperformance was attributed to slowing growth in its merchant acceptance segment, particularly in the Clover cloud-based point-of-sale product [3] - The company showed stability in its core merchant segment, with expectations for Clover to reaccelerate growth in the second half of the year [3] Hedge Fund Interest - Fiserv, Inc. was held by 94 hedge fund portfolios at the end of Q2 2025, an increase from 72 in the previous quarter [4]

NEW YORK--(BUSINESS WIRE)---- $FI #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Fiserv, Inc. ("Fiserv†or the "Company†) (NYSE: FI). Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. On April 24, 2025, Fiserv reported that the gross payment volume ...

PHILADELPHIA, Sept. 08, 2025 (GLOBE NEWSWIRE) --  Berger Montague PC is investigating potential securities fraud claims on behalf of investors of Fiserv, Inc. (NYSE: FI) (“Fiserv” or the “Company”) following the filing of a securities class action lawsuit. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Fiserv securities between July 24, 2024 and July 22, 2025 (the “Class Period”). Investor Deadline: Investors who purchased or acquired Fiserv securities during the Class Peri ...

NEW YORK , Sept. 8, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fiserv, Inc. (NYSE: FI). ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fiserv, Inc. common stock during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fiserv common stock purchases is from July 24, 2024, to July 22, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by September 22, 2025, to serve as lead plaintiff [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]. Group 3: Case Allegations - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older Payeezy platform [4]. - It is claimed that Clover's revenue growth was artificially inflated by these forced migrations, masking a slowdown in new merchant business [4]. - The lawsuit further states that many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's growth [4].