Fiserv’s latest third quarter results showed growth in its core point-of-sale solutions — and long-term potential for embedded finance amid new and recently struck partnerships. CEO Frank Bisignano said during the call that “It is increasingly clear that our position at the intersection of merchant...
Fiserv’s momentum with its Clover point of sale technologies continues to help underpin revenue growth, while management charted a path for its partnership with Apple, enabling new Apple Pay functionalities. CEO Frank Bisignano said on the conference call with analysts that clients have been “engaging...
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for restaurant workers have risen by 66% since 2017 compared to 40% for retail workers. However, these costs...
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into...
May 13, 2024
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into more detail. The Fiserv Small Business Index showed that small business sales […]
January 13, 2023
PYMNTS interviews Andrea Gellert, head of marketing at payments solution provider Clover, about what merchants should consider when adding new payment options and how they can streamline and scale their businesses. — Small- to...
January 12, 2023
The holiday shopping season is so important to retailers that it has become a matter of survival for many. One in four businesses believes recent holiday sales will determine whether...
August 08, 2017
In its latest earnings report, First Data topped Wall Street estimates on the top line. CEO Frank Bisignano pointed to momentum in the North American SMB customer base, while stating...
October 31, 2024
Fiserv has introduced a new suite of tools for small businesses. The offering, rolled out via the payments and financial services technology solutions company’s Clover point-of-sale and business management service, was designed with restaurants, retailers and service-based businesses in mind, per a Thursday (Oct. 31) press release. “Factors like rising costs, labor shortages, and the ongoing quest […]
May 14, 2024
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for...
February 20, 2024
Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create a positive impact in local...
April 24, 2023
Fiserv will allow merchants to tap into increased demand for contactless transactions. The payments company announced in a Monday (April 24) news release it has integrated its Clover point-of-sale (POS)...
