A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.

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November 19, 2024

On the web

October 17, 2024

On the wires

August 29, 2024

On the wires

PayPal Expands Strategic Partnership With Fiserv to Streamline Checkout Experiences in the U.S.

PR Newswire

"Building on a longstanding partnership between the two companies covering several products and services and millions of businesses, the expanded relationship simplifies how Fiserv clients enable PayPal, Venmo and related services, and provides these businesses with a simple connection point to Fastlane by PayPal to accelerate guest checkout flows in the U.S."

June 12, 2024

On the web

April 5, 2024

On the web

January 9, 2024

On the web

October 24, 2023

On the web

On the wires

October 20, 2023

On the web

October 18, 2023

On the wires

Fiserv Opens the Door to Embedded Finance, Bringing Firm-Wide Capabilities to Clients and Partners

Business Wire

Fiserv, Inc. is simplifying the future of embedded finance for the payments ecosystem. By making capabilities from its merchant acceptance, banking, and card issuing businesses available to clients and partners through a curated set of APIs, Fiserv will supercharge how payment facilitators, financial institutions, and software platforms serve their respective clients.

October 12, 2023

On the web

July 26, 2023

On the wires

May 8, 2023

On the web

FinServ Ahead Of The Pack In API Transformation

Information Security Buzz

The Financial Services industry (FinServ) has left its mark on the API landscape and continues to provide new reasons for innovation. From the first UK bank that pioneered Open Banking to the booming mobile payment industry, FinServ has prompted – and supported – the growth of APIs and their ongoing evolution as everyday artifacts.

April 24, 2023

On the wires

Small Businesses Can Accept More Mobile Payments via Clover with Addition of Tap to Pay on iPhone

Business Wire

"Small- and medium-size businesses (SMBs) in the U.S. can now accept in-person contactless payments on their own iPhones thanks to an integration with the Clover Go iOS app and Tap to Pay on iPhone. As an extension of the Clover point-of-sale and business management platform from Fiserv, Inc., a leading global provider of payments and financial technology solutions, Clover Go gives SMBs of all sizes the mobility and flexibility to accept payments and manage their business from anywhere."

April 19, 2023

On the wires

Digital Issuance from Fiserv Eliminates Physical Debit Card Wait

Businesswire

Financial institutions can eliminate the wait that often goes along with receiving physical debit cards with the launch of new capabilities from Fiserv, Inc., a leading global provider of payments and financial services technology solutions. Cardholders now can access a new or replacement debit card electronically, allowing them to make in-store and online purchases immediately and eliminating the need to wait for a physical card to be mailed out, received and activated.

April 13, 2023

On the web

Salem Five Among Financial Institutions Set to Launch the FedNowSM Service with Fiserv

Fiserv, Inc.

"Fiserv, Inc. and its financial institution clients will continue to advance the availability of real-time payments in the U.S. as part of the pilot of the Federal Reserve’s real-time payments network, FedNowSM, which is expected to launch in July 2023. Salem Five will be among the first financial institutions to implement the FedNow Service, utilizing NOW® Gateway...In addition to Salem Five, nearly 20 financial institutions, including Peoples Bank and Mediapolis Savings Bank, have already committed to be part of the FedNow Service pilot program via Fiserv, with a robust pipeline of additional financial institutions. from Fiserv, a leading global provider of payments and financial technology solutions..."

April 10, 2023

On the wires

Bankjoy Announces Integration with Fiserv Portico

Businesswire

"Bankjoy, a digital banking provider, today announced its integration with Fiserv Portico, a full-service account processing system. Through this integration, credit unions using Fiserv Portico will have greater flexibility to deploy Bankjoy’s world-class digital banking tools for their members."

March 20, 2023

On the wires

March 1, 2023

On the wires

Carat from Fiserv Introduces First-to-Market Capabilities to Help Enterprises Optimize Delivery Services

Businesswire

As businesses juggle the costs and complexities of rising demand for online delivery, Fiserv, Inc., a leading global provider of payments and financial services technology solutions, has introduced a new solution enabling enterprise restaurants, retailers, and grocers to optimize delivery operations, reduce costs, and regain control of their customers’ delivery experience.

January 31, 2023

On the web

Fiserv Looks to Support New Payment Flows with Major Payment Institution License from Monetary Authority of Singapore

EIN News

Fiserv, Inc. FISV operating entity that provides payment solutions for merchants in Singapore, First Data Merchant Solutions Private Limited, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS), effective January 1, 2023. The license allows the company to provide merchant acquisition services and domestic and cross-border money transfer services under the Payment Services Act (PS Act) 2019.

January 23, 2023

On the wires

BNY Mellon and Fiserv Expand Real-Time FX Rate Quotes Capabilities for Payments from U.S. Financial Institutions

PR Newswire

BNY Mellon and Fiserv, a leading global provider of payments and financial services technology, have joined forces to deliver additional capabilities for real-time foreign exchange (FX) rate quotes for payments from U.S. financial institutions. Using innovative application programming interface (API) connectivity, financial institutions leveraging Payments Exchange: Foreign Exchange Services from Fiserv can now seamlessly access BNY Mellon's real-time FX rate quotes in over 120 currencies without the need for additional integration.

December 19, 2022

On the wires

Wedge and Fiserv Enable Financial Institution Access to Innovative Programmable Payments Capabilities

PR Newswire

“Wedge, the fintech company on a mission to make consumer’s dollars go farther by bringing the power of the markets and programmable payments to everyday spending, is bringing its capabilities to AppMarket from Fiserv, a collaborative online marketplace where financial institution clients of Fiserv can easily access transformative technology. This will allow Wedge to bring its technology to more financial institutions more efficiently and accelerate its growth trajectory. In addition, Wedge will leverage a real-time fintech ledger and debit issuing capabilities from Fiserv to further its goal of revolutionizing consumer spending. Wedge is an innovative fintech solution that allows users to spend from multiple fiat accounts and assets with a single card.”

November 28, 2022

On the web

Real-Time Payments In U.S. Marks Fifth Year — FedNow Coming In July

“To mark the fifth anniversary of real-time payments in the U.S. The Clearing House (TCH) and Jack Henry launched a flurry of statistics which cast a bit of an obscuring haze over the topic.   TCH says its RTP network reaches 62% of all demand deposit accounts in the U.S. and 85% of insured depository institutions have technical access to the network through more than 20 technology solutions providers, including Jack Henry & Associates, FIS, Fiserv, COCC, Finastra and Shazam. The Clearing House is eager to show that it provides services for small banks and credit unions and isn’t just a network for the major banks.”

October 31, 2022

On the wires

Carat from Fiserv to Fuel the Future of Commerce at More than 5,500 Sunoco Locations

“Sunoco LP, the largest independent fuel distributor in the United States, has chosen Carat from Fiserv to optimize its commerce model and unify consumer experiences at the convenience stores, independent dealers, and retail locations Sunoco serves across the country. Leveraging the omnichannel commerce capabilities of Carat, Sunoco will be able to connect purchasing experiences for Sunoco customers in-store, in-app, at the pump, and even in-car. Through a single API integration, Carat will simplify how Sunoco connects third-party technology providers across channels and consumer devices, enabling new customer interactions that maximize loyalty and drive more commerce.”

October 20, 2022

On the web

Financial Institutions Can Detect and Deter Account Takeover Fraud with First-of-its-Kind Solution from Fiserv

Businesswire

“Financial institutions can enhance their ability to detect and prevent account takeover fraud with a first-of-its-kind solution from Fiserv, Inc., a leading global provider of payments and financial services technology solutions. Rather than delivering traditional point-in-time snapshots of customer interactions, AuthHub from Fiserv updates customer profiles dynamically as information changes and more data is collected, providing a reliable 360-degree view of customer behavior across all payment types and channels. AuthHub is informed by customer interactions from a broad range of payment types and payment channels including card-present and card-not-present debit and credit card transactions, Zelle® transactions, ATM transactions, online and mobile banking activity, call center contacts, wire transfers, ACH transactions, and electronic bill payments. A score is generated for each interaction along with a decisioning recommendation for authentication, verifying that the customer is performing a legitimate transaction.”

October 19, 2022

On the web

Financial Institutions and Fintechs Can Empower Cardholders with Programmable Payments from Fiserv and IncumbentFI

Businesswire

“Financial institutions, fintechs and enterprise businesses can transform their card programs by empowering cardholders with new programmable payments capabilities from Fiserv, Inc. , a leading global provider of payments and financial services technology solutions, and IncumbentFI, a provider of processing services that streamline collaboration between card issuers and fintechs. Programmable payments are particularly well suited to how consumers pay today, allowing cardholders to link multiple funding sources to a single payment card and prioritize a specific funding source based on the type of payment transaction. Funding sources may include a demand deposit account (DDA), health savings account (HSA), rewards points, cryptocurrency, or a line of credit, among others, enabling the universal payment experience needed for a card to achieve top-of-wallet status. Financial institutions and fintechs can further differentiate their card programs and add more value for their cardholders by choosing from a marketplace of capabilities, such as financial wellness tools, buy-now-pay-later options and rewards.”

October 13, 2022

On the web

Deutsche Bank and Fiserv Launch Vert, Germany’s Newest Payments Company

Deutsche Bank

“Deutsche Bank and Fiserv, a global leader in payments and financial services technology, have launched Vert, a comprehensive payment acceptance and banking services provider to small and medium-sized enterprises (SMEs). Vert is the only German provider to combine payment acceptance and processing and traditional banking solutions, meeting market demand for an integrated offering and streamlining access to innovative products for merchants of all sizes. Vert also provides next-banking-day pay-outs, providing merchants with faster access to their funds. Merchants are seeking user-friendly, integrated solutions that enable them to accept payments and move and manage money. Vert clients benefit from an offering that includes faster payments, modern technology, acceptance of common payment types and an online dashboard providing transaction data and other business reports.”

July 22, 2022

On the web

Georgia Tech Financial Services Innovation Lab and Fiserv Partner to Advance Insight into Consumer Finances and Further Financial Inclusion

Businesswire

“The Financial Services Innovation Lab (FSIL), which serves as an interface between the financial services industry and faculty and students at the Georgia Institute of Technology, and Fiserv, a leading global provider of payments and financial services technology with a flagship presence in Georgia, are partnering on a new initiative to better understand consumer financial health. Through this new initiative, Georgia Tech researchers will leverage Fiserv data to generate insights into household financial behavior, which will be relevant to policy makers, consumers and small businesses. The three-year partnership, funded by Fiserv, has a goal of increasing financial and payments inclusion.”

July 15, 2022

On the web

“Pay With Synchrony” App Launches as First Combined Private Label BNPL Financial Solution Available for Small Business Via Clover®

PR N

“Synchrony, a leading consumer financing company, today announced that merchants will now be able to offer a short-term, no interest installment option, Synchrony SetPay pay in 4, via the Clover® point-of-sale and business management system from Fiserv, Inc. This buy now, pay later (BNPL) offering will further expand the reach of Synchrony’s innovative payments and financing options and enable select merchants that use Clover to accelerate growth while providing more choice and flexibility for consumers – especially at the point of sale.”

May 4, 2022

On the wires

Affirm to be First Buy Now, Pay Later Partner Fully Integrated to Carat from Fiserv

“Affirm, the payment network that empowers consumers and helps merchants drive growth, and Fiserv, a global provider of payments and financial services technology solutions, today announced a relationship that will make Affirm available to Fiserv enterprise merchant clients later this year. With this partnership, Affirm will become the first buy now pay later provider fully integrated to the Carat℠ operating system from Fiserv. Through this end-to-end integration, Fiserv enterprise merchant clients will be able to add Affirm’s Adaptive Checkout™, which dynamically surfaces biweekly and monthly payment options side-by-side, to their checkout experience through a simple process. Eligible customers will then have the option to split the cost of purchases and choose between biweekly or monthly payment options. True to Affirm’s long-standing commitment to never charge late or hidden fees, customers will never owe more than they agree to upfront at checkout.”

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