Fiserv/page/5 news and trends

Fiserv and Monex USA Collaborate on International Wire Transfers

June 05, 2024
Fiserv
Forward Raises $16 Million to Grow Payment Facilitation Platform
Investments // May 31, 2024

Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. The company will use the new financing to meet the growing demand for this offering and to apply artificial intelligence (AI) to the risk functions...

Fiserv GM on the Pot of Gold at the End of the ISO Rainbow
Banking // May 31, 2024

As payments shift from traditional and manual workflows to automated, digital ones, everything will change. And that’s a good thing for global commerce. “Across the global landscape, three things are driving payments modernization,” Rossana Thomas, vice president and general manager of Enterprise Payments Platform at...

Square: Restaurant Worker Pay Jumps 66% in 7 Years
ResTech // 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...

New Technology Puts Financial Improvements on the Menu for Restaurants
ResTech // 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...

Interviews & Exclusives
Fiserv GM on the Pot of Gold at the End of the ISO Rainbow

May 31, 2024
As payments shift from traditional and manual workflows to automated, digital ones, everything will change. And that’s a good thing for global commerce. “Across the global landscape, three things are driving payments modernization,” Rossana Thomas, vice president and general manager of Enterprise Payments Platform at Fiserv, told PYMNTS for the series “What’s Next in Payments: […]

New Technology Puts Financial Improvements on the Menu for Restaurants

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...

Connected Consumer Data Provides Solid Growth Strategy for Merchants

April 25, 2024
Businesses that use data strategically can unlock opportunities, fuel growth and reduce risk, Jeff Pomeroy, SVP and head of Omnicommerce at Carat from Fiserv, writes in the new PYMNTS eBook,...

Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and Merchants

March 21, 2024
Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still...

Quick Reads
Fiserv and Monex USA Collaborate on International Wire Transfers

June 05, 2024
Fiserv and Monex USA will work together to help financial institutions complete international wire transfers. The companies said in a Wednesday (June 5) press release that Monex USA, a partner in global payment, corporate foreign exchange (FX) and currency risk hedging services, plans to integrate with Fiserv’s Payments Exchange. Via the integration, financial institutions that […]

Forward Raises $16 Million to Grow Payment Facilitation Platform

May 31, 2024
Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. The company will use the new financing to meet the...

Square: Restaurant Worker Pay Jumps 66% in 7 Years

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...

Fiserv Debuts Communication Tools to Boost On-Time Payments

April 30, 2024
Payments technology firm Fiserv is offering billers new communications tools to get paid faster. The new capabilities, announced Tuesday (April 30), let billers incorporate call-to-action notifications and alerts into existing workflows to send...