FISV News and Press, Fiserv Inc. From 12/23/21

Harris Associates’ 13F portfolio value decreased from $62.80B to $62.77B this quarter. They increased Fiserv, Humana, and Alibaba while decreasing CNH Industrial, Liberty Global, and Automatic Data Processing. The top three positions are Alphabet, Bank of America, and Chart...

Nearly seven in 10 consumers used a digital wallet in the past 12 months Fintechs frequently fill gaps for services some financial institutions do not provide Mobile banking continues to grow as a preferred channel With consumers leveraging digital tools more...

Fiserv is expected to grow via acquisitions at somewhere close to 10% to 12% CAGR. This is a high-risk strategy that may or may not pay off. Furthermore, the company is buying back its stock at higher prices, when it should be paying down debt more aggressively. Ultimately, I beli...

Closely held NYDIG raises $1B in a growth equity funding round that gives the bitcoin platform a valuation of more than $7B. Westcap leads the round, with participation from prior leads Bessemer Venture Partners and FinTech Collective, and strategic partners and existing investors Affirm (NAS...

Glenview Capital Management’s 13F portfolio value decreased from $5.96B to $5.46B this quarter. The number of positions decreased from 64 to 59. They increased Baxter International and Uber Technologies while decreasing ViacomCBS and dropping Walgreens Boots Alliance. The t...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips PayPal (NASDAQ: PYPL ) is the ultimate fintech. It’s a player in nearly every fintech niche. Wanna buy now, pay later (BNPL)? Got it. Bitcoin? Got it. A digital wallet that lets you trade stocks? They’ve...

This portfolio strategy uses the quarterly 13F filings to extract 50 consensus stocks from 40 large hedge funds that have more than $3.5 billion Assets Under Management. After the Q3-2021 13F filings, the consensus holdings were updated, 5 stocks were removed and 5 added from the univ...

The fintech industry is expected to achieve accelerated growth over the long term given the increasing adoption of online payments and gradual uptake of digital currencies. And we think industry leaders Global Payments (GPN) and Fiserv (FISV) are well-positioned to benefit from the industry t...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Fintech giant Square (NYSE: SQ ) stock recently plummeted as it postponed the company’s shareholder meeting on the acquisition of buy now, pay later platform Afterpay (OTCMKTS: AFTPY ). On Dec. 6, S...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The  S&P 500 index is up about 24% for the year. Although the index has recently pulled back from the recent all-time high, many stocks remain at steep valuations. It’s still possible to find overlooked sto...