A securities lawsuit alleges the payments processor moved merchants to Clover, and then misled investors about the point-of-sale system’s growth.

Fiserv’s merchant-processing unit, which accounts for 48% of Fiserv’s business, grew 9% compared to the first half of 2024, reaching $2.64 billion in revenue. A key driver here is the company’s Clover ...

As of the end of the firm's first quarter, Fiserv projected it would see organic revenue growth between 10% and 12%. Now, Fiserv reported Wednesday, it has revised that forecast to approximately 10%.

Fiserv (FI) stock wilted 13% in Wednesday premarket trading after the payment technology company lowered the top end of its full-year organic growth guidance range as its Q2 organic revenue fell short ...