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November 25, 2020
On the web
How Fiserv Is Working With Google Pay And ExxonMobil To Go ‘Beyond the Buy Button’
Digital Transactions
“With digital and physical commerce melding, Fiserv Inc. intends to position its Carat platform as the engine to enable providers such as Alphabet Inc.’s Google unit and merchants to process transactions across both channels. Fiserv took a big step in that direction last week when it announced it will enable petroleum giant ExxonMobil to deliver new commerce experiences at the pump through the newly enhanced Google Pay mobile application. Fiserv plans also to drive offers through the digital wallet, says Nandan Sheth, head of global digital commerce for Fiserv.”
July 6, 2020
On the wires
ALDI Nord Moves In-Store Acquiring in Germany to Fiserv
“Fiserv, Inc., a leading global provider of payments and financial services technology solutions, today announced that ALDI Nord has selected Fiserv to enable all in-store card payments across its flagship German market. In the interest of its customers, ALDI Nord, a global leader in the food industry, decided at the end of June to transfer its entire in-store acquiring volume in Germany to a new provider on short notice. In just four days, ALDI Nord and Fiserv reached an agreement, and Fiserv began processing payments for more than 2,250 ALDI Nord locations in Germany within 12 hours of the agreement being signed. Payments are processed via TeleCash from First Data GmbH, now Fiserv.”
April 21, 2020
On the wires
Deluxe and Fiserv Launch Merchant Services Offerings for Deluxe Small Business Customers
“Today, Deluxe (NYSE: DLX), a Trusted Business Technology™ company, and Fiserv (NASDAQ: FISV), a leading global provider of payments and financial services technology, announced a new relationship to bring merchant services to Deluxe small business customers. Deluxe customers will now have access to the market-leading Clover® point-of-sale platform, robust physical and online payment processing capabilities, gift card services and much more. Deluxe Merchant Services, powered by Fiserv, is a natural extension to the existing Deluxe portfolio, which enables customers to make outbound payments. Now with this Fiserv technology, Deluxe can help customers accept payments, offering an end-to-end payables and receivables solution.”
February 18, 2020
On the wires
Fiserv Completes First-of-its-Kind Pin on Mobile Transaction With Visa
BusinessWire
“In a move that is expected to boost the worldwide use of smartphones and tablets as point-of-sale terminals, First Data, now part of Fiserv (NASDAQ: FISV), is enabling merchants to use their own devices to accept payments of any amount without any additional hardware. This is ground-breaking for small businesses and service providers that operate remotely due to its first-of-its-kind PIN on mobile capability, which facilitates secure PIN entry on a consumer-grade mobile device. This simplifies payment acceptance by allowing merchants to accept PIN-based contactless transactions without the need for a separate card reader or PIN-entry device, opening new market opportunities for merchants and allowing even micro-businesses to accept non-cash payments.”
February 14, 2020
On the wires
‘Dine and Dash’ Redefined With New Clover Scan to Pay Feature
“Restaurants can offer guests a more efficient, flexible, and secure payment experience with Scan to Pay, a first of its kind feature available with the Clover® platform from Fiserv, Inc. With Scan to Pay, guests use their iPhone camera to scan a Clover-generated QR code at the bottom of their receipt to pay their restaurant bill with Apple Pay. This saves time for both the guest and the server by eliminating the need for the guest to give their credit card to the server and for the server to take the card to the point of sale, process the transaction, and return for a signature. Not only is Apple Pay quick and convenient for both the guest and restaurant, it is also secure as a customer must authorize every transaction with Face ID or Touch ID on their iPhone.”
July 26, 2019
On the web
Fiserv-First Data Deal Set to Close
American Banker (paywall)
“Fiserv expects its $22 billion purchase of First Data Corp. to close on Monday after clearing regulatory requirements. “We’ve received all required regulatory approvals and plan to close the transaction on July 29,” Jeffery Yabuki, Fiserv’s president and CEO, told analysts in an earnings conference call this week.”
September 25, 2018
On the wires
Fiserv to Acquire Third-Party Debit Processing Solutions of Elan Financial Services
“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has agreed to acquire the debit card processing, ATM Managed Services and MoneyPass® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB). The acquisition will further enhance the value proposition of Fiserv, deepen its presence in debit card processing, and expand its mobile and digital payments offerings for consumers and businesses.”
August 23, 2018
On the wires
Fiserv Enhances Authentication Services to Combat Call Center Fraud
“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has introduced two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers.”
April 25, 2018
On the wires
Financial Institutions Get Fit for Open Banking with Fiserv
“The move toward open banking, driven by the European Union’s Second Payment Services Directive (PSD2) and the United Kingdom’s Open Banking Implementation Entity (OBIE), will transform financial services. As a result of these regulations consumers will be able to access financial information and initiate certain transactions previously only available through financial institutions through other parties they trust and interact with regularly.”
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