Core Viewpoint - The launch of the dollar trading feature by Mercado Pago marks a significant shift in Argentina's financial market, positioning it as a competitive force against traditional banks [1][3]. Group 1: Features of Mercado Pago's New Functionality - Mercado Pago allows users to buy, sell, and invest in dollar assets through a mobile app, breaking the traditional banking monopoly on dollar transactions [3][5]. - The initial buy price is set at 1,292.96 pesos per dollar, while the sell price is 1,292.58 pesos, indicating a minimal spread to attract users [3][5]. - Compared to traditional banks like BBVA and ICBC, which have higher selling prices (1,305-1,307 pesos), Mercado Pago offers a clear price advantage [3][5]. Group 2: Impact on the Financial Landscape - The introduction of this feature provides users with 24/7 access to manage dollar assets, enhancing flexibility and convenience in transactions [3][5]. - Traditional banks face challenges in operational convenience and transaction speed compared to emerging fintech platforms like Mercado Pago [5][6]. - The entry of Mercado Pago is expected to promote a more transparent and efficient market, benefiting users by increasing competition [5][6]. Group 3: Future Outlook - The competition between banks and fintech companies will intensify in terms of interest rates, product experience, and customer loyalty [6]. - As financial regulations evolve, digital finance is anticipated to play a more significant role in the financial lives of Argentine residents, offering diverse financial options [6].

RT Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire)Today we announced a partnership with @FISGlobal , one of the largest financial technology companies in the world, to bring support for @USDC and payments using @circle platforms to their large franchise of FIs and banks.https://t.co/85H3aO2IwY ...

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for alleged violations of federal securities laws, focusing on misleading statements and operational issues related to its Payeezy and Clover platforms [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025, inclusive [2]. - Allegations include that Fiserv forced Payeezy merchants to transition to Clover due to cost-related issues, leading to inflated revenue growth figures for Clover [3]. - It is claimed that many former Payeezy merchants abandoned Clover for competitors due to high pricing and poor customer service, resulting in a deceleration of Clover's growth [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Fiserv have until September 22, 2025, to request appointment as lead plaintiff in the class action [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they only collect fees if the case is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions for investors [6].

Core Viewpoint - A class action lawsuit has been filed against Fiserv, Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its Clover platform and its impact on revenue growth [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Fiserv securities between July 24, 2024, and July 22, 2025, are encouraged to participate in the lawsuit before the deadline of September 22, 2025 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Fiserv - The complaint alleges that Fiserv misled the market by forcing merchants to migrate from its Payeezy platform to the Clover program due to cost issues, which artificially inflated Clover's revenue growth [4]. - The company reportedly lost customers to competitors because of Clover's high prices and poor customer service, indicating that public statements made by Fiserv were materially misleading [4]. - As a result of these misleading statements, investors suffered damages when the truth about Fiserv's business practices was revealed [4].

SAN DIEGO, July 28, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fiserv, Inc. (NYSE: FI) common stock between July 24, 2024 and July 22, 2025, both dates inclusive (the "Class Period"), have until September 22, 2025 to seek appointment as lead plaintiff of the Fiserv class action lawsuit. Captioned City of Hollywood Police Officers' Retirement System v. Fiserv, Inc., No. 25-cv-06094 (S.D.N.Y.), the Fiserv class action lawsuit charges Fiserv and certain ...

Employee shareholders at FNZ Group are suing the financial technology firm over allegations their holdings were unfairly diluted, in a case that risks ensnaring major global investors https://t.co/zXkhtSmUC1 ...

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years. A ...

SAN DIEGO, July 28, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Fiserv, Inc. (NYSE: FI) common stock between July 24, 2024 and July 22, 2025. Fiserv is a global provider of transaction processing software for banks and retail merchants. About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, ...

Core Viewpoint - Fiserv is at a critical juncture, with conflicting signals from its weekly and monthly charts regarding future performance [1][12]. Weekly Chart Outlook - Fiserv has entered Phase 18, the final phase of the 18-Phase Adhishthana Cycle, which began in July 2013 and will conclude on December 20, 2026 [4]. - Phases 14 to 16, known as the Guna Triads, are essential for determining if Fiserv can achieve Nirvana in Phase 18, requiring a bullish trend (Satoguna) [4][5]. Monthly Chart Outlook - Currently, Fiserv is in Phase 11 on the monthly chart, which presents a different narrative [8]. - The stock experienced a significant rally of approximately 96% in Phase 9 and another 113% in Phase 10, but Phase 10 ended without forming a peak [9][10]. - Following a peak around $238, Fiserv has corrected by 40-45%, indicating a potential peak formation and descent in its Himalayan formation [10][11]. Investor Outlook - The weekly chart suggests a potential Nirvana move, while the monthly chart indicates a possible peak has already been established, creating a mixed signal for investors [12]. - A recent investigation into potential federal securities law violations adds to the uncertainty surrounding the stock [12]. - The $125.05 level is critical; if it holds or breaks decisively, it could confirm whether the current movement is a correction or the start of a larger trend [13].

Financial Data and Key Metrics Changes - The company reported a positive cash flow from operating activities, with net cash of $2.2 million from MUFG contracts related to the development and implementation of the digital platform [52][53] - Float income increased due to a rise in the superannuation guarantee rate, which is now at 12%, leading to more superannuation contributions and increased float through the clearinghouse [53][54] - Platform as a service revenues increased due to renegotiated contracts and CPI adjustments, while the existing ClickSuper business remained stable [54][55] Business Line Data and Key Metrics Changes - The company has seen significant traction in its partnerships with major super funds, including REST and Australian Super, which are expected to drive substantial revenue growth [12][18] - The implementation of the REST Superpilot was successful, achieving a customer experience feedback score of around 92% [13][14] - The company is focusing on enhancing its API capabilities, which has led to partnerships with mid-market companies, indicating a strong market traction [21][22] Market Data and Key Metrics Changes - The Australian superannuation market is substantial, with approximately 1 million employers and 15 million active employees, indicating a large potential customer base [9][10] - The top five super funds represent 50% of the market, with the company positioned to capture around 30% of the market through its partnerships with major funds [30][31] - The company is preparing for the transition to payday super, which is expected to increase the volume of pay events significantly [11][48] Company Strategy and Development Direction - The company aims to make compliance effortless for employers by partnering with major players in the ecosystem, focusing on superannuation and other compliance moments [6][7] - The strategy includes a long-term focus on enhancing the platform's capabilities and expanding its market presence, particularly in the superannuation sector [30][31] - The company is also exploring opportunities for acquisitions to accelerate revenue growth, particularly in compliance-related services [88][90] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing a solid pipeline of opportunities and the importance of being prepared for the payday super rollout [60][61] - There is recognition of the challenges posed by competitors and the need for strategic decisions to balance short-term revenue generation with long-term growth [60][62] - The management emphasized the importance of maintaining a competitive edge through technology and customer service [72][84] Other Important Information - The company is investing in enhancing its security posture to address increasing fraud risks in the superannuation market [57][58] - There is a focus on improving the onboarding process for clients, which is seen as critical for long-term success [83] - The company is actively hiring to support its growth strategy, with a significant increase in headcount over the past year [55][86] Q&A Session Summary Question: Will the company need to raise funds to take all these to market? - Management acknowledged the need to consider different funding methods to support growth and prevent competitors from entering the market [65][66] Question: What does the Hong Kong development provide in terms of scalability? - The Hong Kong development is expected to serve around 300,000 users and represents a strategic opportunity for future growth in the region [67][68] Question: How does the company plan to handle competition from Westpac and others? - The company believes its comprehensive service and value proposition will differentiate it from competitors, despite the competitive landscape [72][84] Question: Is the company considering acquisitions for scale? - Management confirmed that while they are not seeking acquisitions in the super fund space, they are exploring opportunities in compliance services [88][90]