If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Fiserv (FI) . This company, which is in the Zacks Financial Transaction Services industry, shows potential for another earnings beat. When looking at the last two reports, this financial services technology company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.06%, on aver ...

Fiserv disclosed Wednesday (Sept. 25) that it expects its merchant acquiring joint venture with Wells Fargo to expire April 1, 2025. The joint venture, Wells Fargo Merchant Services (WFMS), is owned 40% by a Fiserv wholly owned subsidiary and 60% by Wells Fargo Bank, National Association, Fiserv said in a filing with the Securities and Exchange Commission. Fiserv acquired its stake in WFMS through its 2019 merger with First Data Corp., according to the filing. The company expects to record a non-cash impair ...

The Financial Transaction Services industry is poised to benefit from the widespread adoption of digital payment methods. Industry players are positioned to capitalize on this trend through robust digital solutions devised by strategic collaborations and technology investments. Favorable consumer spending patterns are expected to increase transaction volumes. Additionally, the rise in cross-border transactions, fueled by a growing international workforce and expanding global trade, contributes positively. E ...

Fiserv, Inc. (FI) had an impressive run in the past year. The company's shares have risen 16.9% compared with its industry and the Zacks S&P 500 composite's growth of 7.3% and 2.9%, respectively. Three-Months Price Performance Image Source: Zacks Investment Research FI's revenues are expected to increase 6.3% year over year in 2024 and 9.1% in 2025. Its earnings are estimated to grow 16.2% in 2024 and 15.7% in 2025. Fiserv's Positive Earnings Surprise FI has delivered a decent earnings surprise in the trail ...

Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by PayPal. These enhancements are enabled by an expansion of the global strategic partnership of Fiserv and PayPal, the companies said in a Thursday (Aug. 29) press release emailed to PYMNTS. "Our expanded partnership with PayPal supports our mission to enhance client value by providing simple, cutting-edge solutions to our clients th ...

JHVEPhoto Fiserv, Inc. (NYSE:FI) has reported a good operating momentum in the last quarter and its valuation remains attractive, making it a good growth play for long-term investors. As I've covered in previous articles, I see Fiserv as an interesting growth play within the digital payments industry, as the company has strong fundamentals and growth prospects, but this was not reflected in its valuation. Since my last article on Fiserv, back in December 2022, its shares are up by more than 60% and have out ...

Fiserv Inc. (FI, Financial) is a fintech company that provides technology services to various financial institutions. These services range from processing transactions and digital cards for banks or credit unions to accepting and managing payments for businesses. With a market cap near $90 billion and revenue approaching $20 billion, Fiserv is one of the largest fintech companies in the United States. In the bank core processes market, the company has double the market share of its closest competitor, Jack ...

As time moves through the hourglass, so does the lifespan of sectors. One such domain is the financial services sector, which is experiencing rapid change. The fundamental shift in the financial services sector is due to technological innovation. However, large banking entities have been slow to adjust their business models, due to cumbersome restructuring processes. Therefore, early-stage financial technology, or FinTech, firms are provided the latitude to tap into the radical change experienced within the ...

Title of each class Trading Symbol(s) Name of each exchange on which registered 1.625% Senior Notes due 2030 FI30 The New York Stock Exchange 4.500% Senior Notes due 2031 FI31A The New York Stock Exchange For the quarterly period ended June 30, 2024 Table of Contents 1.125% Senior Notes due 2027 FI27 The New York Stock Exchange 3.000% Senior Notes due 2031 FI31 The New York Stock Exchange FORM 10-Q OR Commission File Number 1-38962 Wisconsin 39-1506125 (State or Other Jurisdiction of Incorporation or Organi ...

During the event three local business owners from the Bronx and three from Manhattan and New Jersey, who previously pitched their business ideas to a panel of judges, were recognized and presented with awards they can use to grow their businesses. The awards are sponsored by Fiserv, a leading global provider of payments and financial technology, including the popular Clover point-of-sale and business management platform. The Small Business Bootcamp Bronx award recipients are: Jennifer Silvestre, Nasir + Idi ...