Core Viewpoint - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older platform [2]. - It is alleged that the revenue growth of Clover was artificially inflated by these conversions, masking a slowdown in new merchant acquisitions [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service [2]. - As a result of these merchant losses, Clover's growth in Gross Payment Volume (GPV) and revenue was said to be unsustainable [2]. - The lawsuit contends that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request to be appointed as lead plaintiff in the case [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fiserv, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its Clover platform and the conversion of Payeezy merchants [1]. Group 1: Allegations Against Fiserv - The complaint alleges that Fiserv forced Payeezy merchants to convert to its Clover platform due to cost issues and problems with the older Payeezy platform [1]. - Clover's revenue growth and gross payment volume (GPV) growth were temporarily inflated by these conversions, masking a slowdown in new merchant business [1]. - A significant number of former Payeezy merchants switched to competing solutions shortly after the conversion due to Clover's high pricing and inadequate customer service [1]. - As a result of losing these merchants, Clover's GPV growth significantly slowed, and its revenue growth became unsustainable [1]. - Fiserv's positive statements during the class period regarding Clover's growth strategies and business prospects were deemed materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is from July 24, 2024, to July 22, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is September 22, 2025, with no cost or obligation to participate in the case [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Viewpoint - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was promoted as a growth strategy while concealing issues with its older Payeezy platform [2]. - It is alleged that the forced conversion of Payeezy merchants to Clover temporarily inflated Clover's revenue and GPV growth, masking a slowdown in new merchant acquisitions [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service, leading to a significant slowdown in Clover's GPV growth and unsustainable revenue growth [2]. - The lawsuit asserts that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate in the lawsuit [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

Core Viewpoint - The complaint against Fiserv alleges violations of federal securities laws due to misleading statements regarding the performance and growth of its Clover platform, particularly following the forced migration of Payeezy merchants [2]. Group 1: Allegations Against Fiserv - Fiserv allegedly forced Payeezy merchants to migrate to its Clover platform due to issues with the older Payeezy platform [2]. - The revenue growth and gross payment volume (GPV) of Clover were temporarily inflated by these forced conversions, masking a slowdown in new merchant business [2]. - A significant number of former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and compatibility issues, leading to a slowdown in Clover's GPV growth [2]. Group 2: Market Reaction and Stock Performance - On April 24, 2025, Fiserv reported Clover GPV growth of only 8% for Q1 2025, a decline from 14-17% in 2024, resulting in an 18.5% drop in stock price to $176.90 [3]. - On May 15, 2025, Fiserv disclosed that GPV growth deceleration would persist throughout 2025, causing a further 16.2% decline in stock price to $159.13 [3]. - On July 23, 2025, Fiserv lowered its full-year organic growth guidance and reported a deceleration in quarterly organic revenue growth to 9% year-over-year, leading to a 13.9% drop in stock price to $143.00 [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fiserv, Inc. common stock between July 24, 2024, and July 22, 2025, of the September 22, 2025, lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - 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]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. Group 2: Allegations Against Fiserv - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform and the forced migration of Payeezy merchants [4]. - It is claimed that Clover's revenue growth was artificially inflated due to 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 - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older platform [2]. - It is alleged that the revenue growth of Clover was artificially inflated by these conversions, masking a slowdown in acquiring new merchants [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service, leading to a significant slowdown in Clover's growth [2]. - The lawsuit asserts that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request to be appointed as lead plaintiff in the case [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - Fiserv, Inc. has experienced a significant stock decline of 41.8% over the past six months, contrasting with a 6.4% decline in the industry and a 5.4% rise in the Zacks S&P 500 Composite [1] Company Performance - Fiserv shares have dropped 18.3% in the past month, while its peers Sezzle and Mastercard have seen declines of 30.9% and an increase of 5%, respectively [4] - The company has a strong liquidity position, with a current ratio of 1.09 in Q2 2025, slightly above the previous year's 1.06 and close to the industry average of 1.15 [10] Growth Opportunities - Fiserv is launching the FIUSD stablecoin in partnership with PayPal, aiming to capitalize on the rapidly growing stablecoin market, which is expected to reach a daily transaction volume of at least $250 billion in the next three years [5][6] - The company anticipates a 9.2% year-over-year sales increase to $20.9 billion in 2025, with earnings per share (EPS) expected to rise by 16.3% to $10.23 [8][12] Profitability Metrics - Fiserv's return on equity (ROE) stands at 19.7%, which is significantly lower than the industry average of 48.6% [13][15] - Despite a strong standalone ROE, the company's performance relative to competitors like Sezzle and Mastercard, which have ROEs of 58.2% and 40.3%, respectively, may deter investors [15] Competitive Landscape - The merchant segment, which Fiserv aims to grow, faces intense competition from rivals such as FIS and Global Payments, as well as emerging startups [16] - Macroeconomic factors, including a 3.1% year-over-year inflation increase in July, may negatively impact consumer spending and, consequently, Fiserv's transaction volumes [17] Strategic Positioning - The introduction of the GENIUS Act provides a clearer regulatory framework for stablecoins, potentially leading to long-term revenue streams in areas like cross-border payments and treasury management [9] - Fiserv's strategy to provide a bank-friendly stablecoin solution positions it as an innovator in the financial technology space, allowing traditional institutions to adopt blockchain technology with reduced risk [7]

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 revenue growth [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Fiserv misled investors by failing to disclose issues with its older point-of-sale platform, Payeezy, which forced merchants to switch to Clover [3]. - It is claimed that Clover's revenue growth was artificially inflated due to these conversions, masking a slowdown in new merchant acquisitions [3]. - Following the switch, many former Payeezy merchants reportedly moved to competitors due to Clover's high pricing and poor customer service [3]. - As a result, Clover's growth in Gross Payment Volume (GPV) and revenue was said to be unsustainable and significantly slowing [3]. - The lawsuit asserts that Fiserv's positive statements regarding Clover's growth strategies and business prospects were materially false and misleading [3]. Class Action Details - The class period for the lawsuit is defined as 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]. - Participation in the case does not incur any costs or obligations for shareholders [4]. Firm Background - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors affected by misleading statements [5].

Core Viewpoint - Robbins LLP has filed a class action on behalf of investors who acquired Fiserv, Inc. common stock during a specified period, alleging that the company misled investors regarding the growth prospects of its Clover platform [1][2]. Allegations - Fiserv allegedly forced Payeezy merchants to migrate to its Clover platform due to cost issues and problems with Payeezy, which temporarily boosted Clover's revenue and GPV growth, concealing a slowdown in new merchant business [2]. - Following the forced conversions, many former Payeezy merchants switched to competing solutions due to Clover's high pricing and inadequate customer service, leading to a significant slowdown in Clover's GPV growth and unsustainable revenue growth [2]. - The positive statements made by Fiserv regarding Clover's growth strategies and business prospects during the class period were claimed to be materially false and misleading [2]. Impact on Stock - The truth regarding these issues was revealed through a series of disclosures, resulting in a decline in Fiserv, Inc.'s stock and harming investors [3]. Next Steps for Shareholders - Shareholders interested in serving as lead plaintiffs must file their motions by September 22, 2025, while those who choose not to participate can remain as absent class members [4]. Company Background - Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, operating on a contingency fee basis where shareholders pay no fees or expenses [5].

智通财经APP获悉，鉴于一项新的美国法律为稳定币确立了有史以来第一个监管规则，从华尔街金融巨 头美国银行(BAC.US)到美国中小型商业银行Fiserv(FI.US)等金融公司正准备推出其各自的基于美元支持 的"链上金融"体系，但有数字资产专家警告称，稳定币以及"链上金融"的未来之路可能并不简单。 《天才法案》(即GENIUS法案)为稳定币制定联邦规则，美国总统唐纳德·特朗普于7月18日签署《天才 法案》使之正式成为法律，为与美元挂钩、被称为"稳定币"的加密货币代币设定了联邦规则和官方指导 方针。这项旨在促进加密货币等数字资产使用规模的首部美国法律，可能为数字资产成为日常支付与跨 境转移资金的方式铺平道路。 稳定币旨在维持货币恒定价值，通常为与美元1:1挂钩。近年来，稳定币的使用激增，尤其是在加密交 易者在比特币与以太币等其他代币之间进出资金时，以及在跨境金融服务方面的渗透率加速增长。 稳定币也是一种特殊类型的加密货币，通过锚定美元、欧元、黄金等核心储备资产来维持稳定价值比 例。随着制定稳定币监管框架的关键立法在美国国会加速推进完成，这类维系价格稳定的加密货币开始 步入全球金融市场的主流资产领域。 稳定币的本 ...