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Fiserv Reports Fourth Quarter And Full Year 2020 Results

Fiserv Reports Fourth Quarter And Full Year 2020 Results
Date
GAAP EPS increased 22% in the quarter and decreased 18% for the full year;
Internal revenue grew 1% in the quarter and was flat for the full year;
Adjusted EPS increased 16% in the quarter and 12% for the full year;
Operating cash flow increased 1% to $1.19 billion in the quarter and 48% to $4.15 billion for the full year;
Free cash flow increased 7% to $1.05 billion in the quarter and 11% to $3.65 billion for the full year;
Company expects 2021 internal revenue growth of 8% to 12% and adjusted EPS of $5.30 to $5.50, or growth of 20% to 24%
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today reported financial results for the fourth quarter and full year 2020. ....

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North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025

North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025
Financialnewsmedia.com News Commentary
PALM BEACH, Fla., Feb. 4, 2021 /PRNewswire/ Regulatory Technology (a.k.a. RegTech) is any technology that aims to standardize regulatory processes, create unambiguous interpretations of the regulations, and, most important - automate the compliance process. RegTech is a sub-class of FinTech and has gained prominence since 2015. Rising penalties for non-compliance with regulations are anticipated to further fuel the growth. RegTech solutions with real-time compliance analysis help connect regulators and businesses while protecting the interests of consumers. The Institute of International Finance has defined RegTech as the use of new technologies to meet compliance and regulatory requirements more efficiently. RegTech involves the use of tools to enhance the stringency of regulations and minimize the compliance risks associated with the busin ....

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Financial News Media | North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025

Palm Beach, FL – February 4, 2021 – Regulatory Technology (a.k.a. RegTech) is any technology that aims to standardize regulatory processes, create unambiguous interpretations of the regulations, and, most important automate the compliance process. RegTech is a sub-class of FinTech and has gained prominence since 2015. Rising penalties for non-compliance with regulations are anticipated to further fuel the growth. RegTech solutions with real-time compliance analysis help connect regulators and businesses while protecting the interests of consumers. The Institute of International Finance has defined RegTech as the use of new technologies to meet compliance and regulatory requirements more efficiently. RegTech involves the use of tools to enhance the stringency of regulations and minimize the compliance risks associated with the business. According to a study of the World Bank, a robust regulatory framework can help boost GDP growth by more than 2% annually. In addition to the ....

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Fiserv Completes Acquisition Of Ondot - Digital Experience Platform Expands Comprehensive Portfolio Of Capabilities Available To Fiserv Clients

Fiserv Completes Acquisition Of Ondot - Digital Experience Platform Expands Comprehensive Portfolio Of Capabilities Available To Fiserv Clients
Date
22/01/2021
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced the completion of its acquisition of
Ondot Systems, Inc.
“Closing this transaction further expands our digital capabilities, enhancing our suite of integrated solutions to enable clients of all sizes to deliver frictionless, digital-first and personalized experiences to consumers,” said
Frank ....

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Nasdaq Listed Fintech Fiserv Enters Agreement to Acquire Ondot, a Digital Experience Platform for Financial Institutions

Nasdaq Listed Fintech Fiserv Enters Agreement to Acquire Ondot, a Digital Experience Platform for Financial Institutions
December 17, 2020 @ 10:33 pm By Omar Faridi
Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, has entered an agreement to acquire Ondot Systems, Inc., a digital experience platform for financial institutions. The transaction is expected to expand Fiserv digital capabilities, enhancing its integrated solutions so that clients can offer a seamless, digital-first and personalized experience to consumers.
Launched in 2011, Ondot processes over 1 billion transactions each month and offers digital capabilities for more than 30 million cards. Fiserv intends to further develop the Ondot platform’s interplay between real-time authorization, user context, and AI in order to “engage users in-the-moment – before, during and after transactions,” according to a release. ....

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