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5 Financial Transaction Stocks to Watch Amid Resilient Consumer Spending
FIFiserv(FI) ZACKS·2024-12-19 19:25

The Financial Transaction Services industry is poised to benefit from rising consumer spending and robust e-commerce expansion, supported by greater Internet access and smartphone adoption. The global shift toward digital payments, including innovations like cryptocurrency, biometric authentication and buy now, pay later (BNPL) options, diversifies revenue streams and enhances customer convenience. Growth in cross-border transactions acts as a tailwind. Lower interest rates also support strategic merger and ...