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Salvos Unleashed over CCCA; Fiserv Readies for Merchant Sponsorship; Affinipay’s Tap-to-Pay Play
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Fiserv Logs Robust Results in Its Merchant Unit As Its Clover Tech Surges Ahead
Fiserv Inc., already a behemoth in merchant processing, is preparing to straddle its twin pillars of acquiring-bank relationships, on the one hand, and its own acquiring operations through a Georgia bank charter, on the other. The charter, which the big processor applied for last month, has “a very specific purpose,” …
Read More »Why Fiserv Is Seeking a Bank Charter
Giant payment processor Fiserv Inc. wants to take on another aspect of the business with its application for a special bank charter in Georgia. The charter for a merchant-acquirer limited purpose bank, if approved, would enable Brookfield, Wis.-based Fiserv to interact with card networks directly instead of operating through a …
Read More »Fiserv’s Bank Charter Ambition; Payroc’s PayByCloud for ISVs; Nuvei in E-Commerce Deal
Lower Costs Plus More Control Could Be Part of Fiserv’s Ambition for a Bank Charter
Giant payment processor Fiserv Inc. wants to take on another aspect of the business with its application for a special bank charter in Georgia. The charter for a merchant-acquirer limited purpose bank, if approved, would enable Brookfield, Wis.-based Fiserv to interact with card networks directly instead of operating through a …
Read More »The Paze Wallet’s Fintech Approach; Fiserv’s Results; Blackhawk’s Rewards
Fiserv Touts a Link to Melio to Reach More Banks for Payments And Acquiring
Numbers from Fiserv Inc. early Tuesday indicate the big processor’s payments and network business for financial institutions is growing at a steady clip, with September-quarter revenue in that business up 5% year-over-year, to $1.71 billion in volume. Riding that wave, the company’s top brass late Monday announced a deal with …
Read More »Celero Closes on 10th Acquisition; Eye on Acquiring; Fiserv Secures Data Plan with Plaid
Fiserv Secures Data Plan with Plaid And Other Digital Transactions News briefs from 10/12/23
An agreement between processor Fiserv Inc. and open-banking platform Plaid will allow consumers who use any of Fiserv’s 3,000 client banks to share financial information with third-party apps and services. Discover Financial Services’ Discover Global Network launched a cloud-based version of its stored payment tokens service. Tokens are digital replacements for actual card credentials. …
Read More »Eye on Restaurants: Inspire Turns to Fiserv; Shift4 Picks SkyTab Rescue Mission Winners
The hotly contested restaurant point-of-sale market shows no signs of cooling off. Inspire Brands Inc., a global restaurant chain that is home to Arby’s, Baskin-Robbins, Dunkin’, and four other brands, has expanded its work with processor Fiserv Inc. with the goal of unifying in-store, in-app, and online transactions for more …
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