Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into...
Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted results that showed consolidated adjusted revenue growth of 7% in the first quarter to $4.9 billion. Fiserv CEO Frank Bisignano...
Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create a positive impact in local communities by providing customized access to Clover from Fiserv, the company said in a Tuesday (Feb. 20) news...
Fiserv’s most recent results show momentum as smaller businesses and financial institutions (FIs) alike invest in upgrading their digital and mobile capabilities and payments acceptance. Earnings supplementals released alongside the earnings announcement showed that the Merchant Acceptance segment recorded 24% organic revenue growth to $2.1...
May 13, 2024
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into more detail. The Fiserv Small Business Index showed that small business sales […]
January 13, 2023
PYMNTS interviews Andrea Gellert, head of marketing at payments solution provider Clover, about what merchants should consider when adding new payment options and how they can streamline and scale their businesses. — Small- to...
January 12, 2023
The holiday shopping season is so important to retailers that it has become a matter of survival for many. One in four businesses believes recent holiday sales will determine whether...
August 08, 2017
In its latest earnings report, First Data topped Wall Street estimates on the top line. CEO Frank Bisignano pointed to momentum in the North American SMB customer base, while stating...
May 14, 2024
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for restaurant workers have risen by 66% since 2017 compared to 40% for retail workers. However, these costs aren’t across the board in the food-service sector, the report […]
February 20, 2024
Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create a positive impact in local...
April 24, 2023
Fiserv will allow merchants to tap into increased demand for contactless transactions. The payments company announced in a Monday (April 24) news release it has integrated its Clover point-of-sale (POS)...
July 14, 2022
Consumer financing company Synchrony has launched Synchrony SetPay pay in 4, an installment payment option for merchants, according to a Thursday (July 14) press release. The buy now, pay later...
