Fiserv Acquires CardFree to Enhance Clover Point-of-Sale System

Fiserv Inc. (NYSE:FI) is one of the best IT stocks to invest in according to hedge funds. On September 8, Fiserv announced the acquisition of CardFree, which is a platform that provides customized order, payment, and loyalty solutions for merchants. The financial terms of the deal were not disclosed. The acquisition is expected to enhance the functionality of Clover, Fiserv’s point-of-sale system, particularly for small businesses as they grow into larger enterprises with more complex technical needs. Car ...