2024-02-22 23:03:17 ET
Summary
- Fiserv's share price has seen significant growth, delivering a 52,771% return since its IPO in 1986. Share performance has been positive upon merger with FirstData in 2019.
- The company has solid fundamentals, with strong revenue growth and profitability.
- The strength of Fiserv's merchant business is expected to be a key growth catalyst in 2024, driving organic revenue growth, in my view.
Fiserv ( FI ) is an American multinational corporation that provides financial technology (fintech) products and services to a wide range of clients in the commerce and financial services industry, including banks, thrifts, credit unions, and retailers. Their comprehensive suite of offerings encompasses payment processing, core banking systems, digital banking tools, and robust risk management solutions. ...
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Fiserv: Merchant Business Likely To Benefit From Global Cash Digitization Trend