Fiserv and First Data's Q1 2019 earnings provided key performance insights ahead of their upcoming merger:
. In its earnings release, Fiserv president and CEO Jeffrey Yabuki — who will reside as CEO over the joint company — said the results were"ahead of initial expectations." Further, the firm enthusiastically highlighted the upcoming acquisition as a bright growth point. Yabuki said Fiserv is"well into integration planning and looking forward to completing the First Data acquisition in the second half of the year.
Further, Fiserv can open up significant channels for Clover, First Data's point-of-sale system, which processed approximately $70 billion in annualized volume globally during Q3 2018 and shipped itsMeanwhile, First Data could allow Fiserv to mitigate ongoing threats from fintechs. First Data is one of the largest US acquirers and has an extensive global network: It operates in over 100 countries across 6 million businesses and 3,700 financial institutions, and the major processor sees $2.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
The Best Way to Avoid Data Leaks and Privacy Scandals: Don't Own Consumer DataData and privacy scandals have reached a boiling point over the last couple of years. This has led to lawsuits and new regulations that are changing the game for tech companies around the world, whether they like it or not. What is your company doing to move forward?
और पढो »
Economy grows 3.2% in first quarter, GDP shows, much stronger than anticipatedThe economy accelerated to a 3.2% annual rate in the first three months of 2019, the Commerce Department said Friday.
और पढो »
'In Order To Finish First, First You Must Finish': Jimmie Johnson's Advice On Greatness(Photo by Jerry Markland/Getty Images) This Sunday, the Daytona 500 will serve as the opening for another NASCAR season. And much as he has for most of the last 15 years, Jimmie Johnson will be among the favorites to be the champion at season’s end. Six times in the last 10 years, Johnson [...]
और पढो »
Democrats are more moderate on health care than you thinkDemocrats are more moderate on health care than you may think | Analysis by Harry Enten
और पढो »
The U.S. economy is “undeniably cooling” despite strong GDP growth, analysts sayU.S. gross domestic product for Q1 surprised analysts with its strength, but they warn the data beneath the headline tells a different story.
और पढो »
US Treasurys higher ahead of GDP dataU.S. government debt yields were lower Friday morning, as investors awaited key economic data.
और पढो »
Busy Week Of Data, Earnings Ahead For Wall Street After Record ClosesAfter record-setting closes last week, the market seems to be anticipating another busy week of earnings, a calendar full of economic reports and a rate decision from the Federal Reserve
और पढो »
Marijuana Sales in Canada Are Going Nowhere FastGovernment data indicate that Canada’s legal marijuana sales in the first two months of 2019 were flat compared with those in the first two months of 2018’s fourth quarter.
और पढो »
Amazon posts first jobs for HQ2, says project is ‘ahead of schedule’New hires will start work in June in a temporary space. The company has also transferred two vice presidents to the new HQ2.
और पढो »
Emperor Akihito prays ahead of Japan's first abdication in two centuriesJapan's Emperor Akihito prayed to a Shinto sun goddess on Tuesday, starting...
और पढो »
New Zealand jobless rate falls, but tepid wage and employment data hit currencyNew Zealand's jobless rate edged lower in the first quarter, taking it clos...
और पढो »