Thread regarding Fiserv Inc. layoffs

@1sxz+1gOM6fxW
Fiserv doesnt own Zelle. As you said, a group of banks do. Fiserv has a turnkey solution for small banks and credit unions to connect their customers to Zelle

Square and Paypal are seeing the makets shrinking and I would expect the Clover market to continue to shrink.

It will be interesting to see where Fiserv is at in 5 years.

I thought Zelle was owned by several banks. When did Fiserv taken ownership ?

Square:
Quarterly Revenue Growth (yoy) -21.70%
Forward P/E 101.01

Paypal:
Quarterly Earnings Growth (yoy) -53.60%

Uhhhh yea, I think Fiserv is more than happy that analyst is staying away from Fiserv. Listening to CNBC for any advice is a huge mistake for retail investors.

For the uneducated. Seems to be plenty these days….

“ Zelle (/zɛl/) is a United States–based digital payments network owned by Early Warning Services, LLC, a private financial services company owned by the banks Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.[1][2][3] The Zelle service enables individuals to electronically transfer money from their bank account to another registered user's bank account (within the United States) using a mobile device or the website of a participating banking institution.[1][3]”

https://en.wikipedia.org/wiki/Zelle_(payment_service)

Is Zelle like Zash Pay?

I guess Fiserv changed courses and is no longer about the banking cores, digital payments, and money management ?

“ Fiserv has mainly three businesses a large and wonderful merchant business that is the league leader and has Clover and Carat as main platforms - growing fast at 20%.”

Yes we know this. We work here. But it doesn’t answer the question. Also Carat is not a platform. It’s a marketing term for a collection of platforms, subsystems, and tools. It’s intended to sound to clients like it’s a single engine but it’s far from that. Much easier to rebrand than build.

Fiserv is a mergers and acquisitions company. Everything else is secondary.

HR will show THE OH the door. He just hasn’t figured that out yet.

The OH is probably too busy trying to find the door to worry about finding Berkeley.

The OH (still!) can’t seem to find Berkeley. All talk no action.

fintech my a-s. Thats only for advertising.

Fiserv has mainly three businesses a large and wonderful merchant business that is the league leader and has Clover and Carat as main platforms - growing fast at 20%. Then there is the Banking group with a new Finxact Digital and great surrounds - so really Fiserv is more than just a fintech it is a payments and acquiring AND Fintech powerhouse.

I forgot Fiserv is even a fintech company. I thought they were a people-monitoring/spy company considering that has been their main focus this past year.