Fiserv’s most recent results show momentum as smaller businesses and financial institutions (FIs) alike invest in upgrading their digital and mobile capabilities and payments acceptance. Earnings supplementals released alongside the earnings announcement showed that the Merchant Acceptance segment recorded 24% organic revenue growth to $2.1...
Fiserv reported third-quarter results Tuesday (Oct. 24) that showed a continued embrace of P2P payments and Clover’s point of sale and software solutions for small and medium-sized businesses (SMBs). In the Payments and Network segment, Fiserv presentation materials revealed that the company logged 44% growth...
Fiserv’s latest results show that financial institutions and businesses are continuing to invest in payments modernization and digitization, boosting the company’s organic revenue growth rates. To that end, the company’s earnings materials show that Clover, the company’s point-of-sale solution , logged 23% revenue growth in...
First Data reported earnings that were largely in line with expectations, but showed softness within some of its North American operations. Revenues were $1.9 billion for the third quarter, excluding reimbursable items, up 4.4 percent year over year, and earnings were $0.40 a share, matching consensus....
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 that acquisitions are tracking to plan and Clover is seeing, well, green fields ahead.
May 15, 2017
Americans were projected to spend a record-setting $23.4 billion yesterday celebrating their moms, buying flowers and cards and taking them out to brunch. Not that love for our mothers can...
May 08, 2017
“The world is getting smaller. People are traveling the world, and they are selling and purchasing property, getting educated, purchasing healthcare, spending and shopping. The question is how to make...
April 11, 2017
Can merchants find their way into the end zone, scoring points with customers? In an Innovation Project 2017 fireside chat with PYMNTS’ Karen Webster loaded with sports lingo, First Data...
October 31, 2017
First Data reported earnings that were largely in line with expectations, but showed softness within some of its North American operations. Revenues were $1.9 billion for the third quarter, excluding reimbursable items, up 4.4 percent year over year, and earnings were $0.40 a share, matching consensus. First Data investors have been focused on the North American […]
September 04, 2017
First Data said Saturday that in the wake of the devastation of Hurricane Harvey, the company will send thousands of its Clover Go mobile credit and debit card readers to...
May 09, 2017
Largely meeting expectations for the first quarter, First Data’s Chief Executive Frank Bisignano said the company is working to boost its U.S. JV acquiring business, with the payment processing company...