Core Insights - Fiserv has partnered with Affirm to integrate buy now, pay later (BNPL) capabilities into its debit card programs, responding to consumer demand for flexible payment options [2][4] - The collaboration aims to enhance customer engagement and transaction growth by allowing issuers to embed BNPL into existing debit products [5] Group 1: Partnership Details - The partnership is designed to provide community and regional banks and credit unions with the ability to meet evolving consumer expectations for payment flexibility [3] - Affirm and Fiserv will handle all technical aspects of the integration, combining Affirm's real-time underwriting and loan origination capabilities with Fiserv's digital solutions [4] Group 2: Market Context - The announcement follows Affirm's plans to establish a bank subsidiary, Affirm Bank, which aims to diversify its platform and offer more financial products [6] - Consumers who are likely to use BNPL have average credit card balances that are $1,128 higher than those who are unlikely to use it, indicating a significant financial behavior trend [7] Group 3: Consumer Behavior Insights - Habitual BNPL users hold average credit card balances of $5,181, which is approximately 60% higher than non-users, reflecting a shift in how households manage short-term credit [7][8] - The trend of using BNPL is seen as a strategy for managing timing mismatches between income and expenses rather than reckless spending [8]

Core Insights - Fiserv has announced an exclusive collaboration with Affirm to integrate pay-over-time capabilities into debit card programs for financial institutions, allowing them to meet consumer demand for flexible payment options without developing new lending products [1][2] Group 1: Collaboration Details - The partnership builds on a previous integration in 2022, enhancing Fiserv's commitment to innovative debit solutions for financial institutions [2] - The collaboration aims to provide community and regional banks and credit unions with a scalable way to offer payment flexibility through existing debit products, enhancing customer relationships and engagement [2] Group 2: Benefits of the Integration - The integration will manage all technical aspects, allowing banks and credit unions to offer Affirm's flexible payment options seamlessly without operational lift [5] - Debit cardholders will have the option to split eligible purchases into fixed payments with a clear repayment schedule and no hidden fees, directly from their bank's mobile app [5] - Consumers will have access to Affirm's network of nearly 420,000 merchants, enabling them to apply for flexible payment options and expand their purchasing power [5]

Core Insights - Vulcan Value Partners reported positive results across all its investment strategies for the year, with notable returns in various composites despite overvalued markets [1] - The firm emphasizes a disciplined investment approach, prioritizing safety and long-term gains over short-term performance, drawing parallels to the late 1990s dot-com bubble [1] Performance Summary - Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD - Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD - Focus Composite (Net) returned 0.1% in Q4 and 7.1% YTD - Focus Plus Composite (Net) returned 0.1% in Q4 and 6.2% YTD - All-Cap Composite (Net) returned 1.3% in Q4 and 10.7% YTD [1] Company Focus: Fiserv, Inc. - Fiserv, Inc. was identified as a significant detractor in the Large Cap and All-Cap Strategies, with a one-month return of -0.15% and a 52-week loss of 67.73% [2] - As of January 22, 2026, Fiserv's stock closed at $67.40 per share, with a market capitalization of $36.638 billion [2] Management Insights on Fiserv, Inc. - Fiserv was previously owned by the firm until Q1 2025, after which the stock price declined due to downward guidance revisions and delays in initiatives [3] - The new management team acknowledged aggressive tactics that compromised long-term customer relationships, leading to a strategic shift towards reinvestment for sustainable growth [3] - Despite current challenges, Fiserv is expected to grow revenues and generate substantial free cash flow during its reinvestment phase, with the firm taking advantage of share price declines to increase its position [3]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fiserv, Inc. on behalf of long-term stockholders following a class action complaint filed against the company, focusing on possible breaches of fiduciary duties by the board of directors [1][6]. Group 1: Class Action Details - A class action complaint was filed against Fiserv on November 4, 2025, with a Class Period from July 23, 2025, to October 29, 2025 [1]. - The complaint alleges that during the Class Period, Fiserv made misleading statements regarding its initiatives and projects, particularly during a guidance revision in July 2025 [6]. - Fiserv's July 2025 guidance changes were based on a "re-underwriting" review, which the company later admitted was based on assumptions that were difficult to achieve [6]. Group 2: Impact on Investors - The misleading statements made by Fiserv during the Class Period resulted in investors purchasing the company's securities at artificially inflated prices, leading to damages when the truth was revealed [6]. - The company acknowledged in October 2025 that the guidance disclosed in July was fundamentally flawed, impacting investor trust and stock value [6].

Core Viewpoint - Julie & Holleman LLP is investigating potential claims against Fiserv, Inc. insiders related to stockholder losses due to alleged concealment of business performance issues and growth prospects [1][2][3] Group 1: Allegations Against Fiserv - Fiserv is accused of engaging in a significant cover-up by hiding facts about its business performance and growth prospects [2] - The company allegedly failed to disclose issues with its older Payeezy platform, which contributed to a temporary boost in revenues through forced migrations to the Clover platform [2] - Following the forced migration, many former Payeezy customers reportedly switched to competitors, causing significant harm to Fiserv's business [2] Group 2: Legal Actions and Investigations - Julie & Holleman LLP is investigating legal claims against Fiserv, its executives, and potentially the board of directors in connection with the alleged fraud [3] - The firm has a history of helping recover hundreds of millions of dollars for shareholders in previous cases [3][4]

Group 1: Fiserv's Expansion in Japan - Fiserv has signed a deal with Sumitomo Mitsui Card Company to sell payments technology to businesses in Japan, marking a significant step in expanding its global reach [6][1] - The agreement is expected to take effect in late 2026, with Fiserv planning to tailor its Clover point of sale system for the Japanese market, aligning with Japan's government initiative to reduce cash payments by 65% in the next four years [2][3] - CEO Mike Lyons emphasized that Clover serves as a platform to showcase payment technology and compete with fintechs like PayPal and Stripe, with plans to launch Clover in Brazil in December 2024 and Australia in March 2025 [3][4] Group 2: Financial Performance and Future Outlook - Fiserv is recovering from a recent earnings miss, with Lyons acknowledging that the company's performance has not met stakeholder expectations [4][5] - Analysts from Jeffries expressed optimism, stating they do not expect further negative developments for Fiserv ahead of its next earnings report scheduled for February 10 [5] Group 3: Industry Trends and Innovations - The Japanese government's push for digital payments presents an opportunity for payment technology companies like Fiserv to capitalize on the growing demand for cashless transactions [6] - The trend towards agentic commerce is gaining traction, with companies like Revolut and Santander exploring AI-driven payment solutions to enhance consumer experiences [7][12]

Key Takeaways FISV's growth is supported by rising SaaS and payment adoption, with revenues likely to rise in 2025 and 2026.Enhanced platforms like Clover and Commerce Hub, plus a Japan partnership, expand FISV's payments reach.Acquisitions of Smith Consulting and CardFree strengthen FISV's services and merchant solutions portfolio.Fiserv, Inc.’s (FISV) growth is fueled by the rising adoption of Software-as-a-Service (SaaS) and payment solutions by business houses. Its new acquisitions and AI innovations ai ...

Core Viewpoint - Fiserv (FISV) stock is considered an attractive investment opportunity due to its expansion, cash generation, and significant valuation discount [2]. Current Situation - FISV stock is trading at a notable discount compared to its recent peaks, attributed to adjusted organic revenue growth projections for 2025 and increased technology investments [3]. - The company reported a 1% organic growth in Q3 2025, which negatively impacted profitability and contributed to the valuation discount [3]. Positive Developments - The adoption of the Clover platform and new AI implementations (in collaboration with Microsoft) are enhancing client offerings [4]. - Fiserv continues to generate consistent cash flow with a low debt-to-equity ratio of 1.15, and the "One Fiserv" initiative aims to optimize operations for sustainable long-term growth [5]. Strong Fundamentals - Fiserv exhibits strong fundamentals, with a cash flow yield of 13.3% and a revenue increase of 5.2% over the past twelve months, indicating potential for continued cash reserve expansion [10]. - The stock is currently trading at a significant discount, being 49% lower than its 3-month high, 73% below its 1-year high, and 73% beneath its 2-year high [10]. Investment Criteria - Key investment criteria for Fiserv include a market capitalization exceeding $2 billion, positive revenue growth, high free cash flow yield, and significant discounts to recent highs [11]. - Historical performance indicates average forward returns of 25.7% and 57.9% for 6-month and 12-month periods, respectively, with a win rate of over 70% for both intervals [11].

Core Viewpoint - Fiserv, Inc. will announce its fourth quarter financial results on February 10, 2026, before the market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a live webcast at 7 a.m. CT (8 a.m. ET) on February 10 [2] - The webcast and supplemental financial information will be available on the investor relations section of the Fiserv website [2] - A replay of the webcast will be accessible approximately one hour after the live event [2] Group 2: Company Overview - Fiserv, Inc. is a leading global provider of payments and financial services technology solutions [3] - The company is recognized as a Fortune 500 company and is a member of the S&P 500 Index [3] - Fiserv offers a range of services including account processing, digital banking solutions, card issuer processing, payments, e-commerce, and merchant acquiring [3] - The company is noted for its commitment to innovation and excellence, and has been recognized as one of TIME Magazine's Most Influential Companies and one of Fortune's World's Most Admired Companies [3]

​Fiserv, Inc. (NASDAQ:FISV) is one of the Most Undervalued Fintech Stocks to Buy Now. On January 12, Bryan Bergin from TD Cowen reiterated a Hold rating on the stock and lowered the firm’s price target from $80 to $77. Earlier, on January 8, Darrin Peller from Wolfe Research also reiterated a Hold rating on the stock without disclosing any price targets. ​TD Cowen noted that the adjusted price target for Fiserv, Inc. (NASDAQ:FISV) reflects the firm’s view of the payments group as part of their Q4 preview ...