Merchant acceptance, payments, and network and financial technology were the key pillars propelling Fiserv Inc.’s better -than-expected organic growth during the fourth quarter and for fiscal year 2022. Organic revenue growth—growth apart from recent acquisitions—for the three core segments of Fiserv’s business increased 17%, 9%, and 5%, respectively, compared to …

When six powerful payments companies separately merged into three organizations in 2019, it signaled that one end of the payments spectrum had dramatically shifted. But the actual payoff seems to have been inconsistent. Think about the before time. Before the pandemic. Before the lockdowns. Before the cliff-dive of in-store payments. …

Following years of pandemic restrictions that all card companies had to contend with, Visa Inc.’s top executives late Thursday highlighted stable transaction and processing volumes and growing cross-border travel as the United States and other global regions continued to recover. The event also featured an appearance by Visa president Ryan …

Nine days into 2023, the ongoing wave of processor consolidation rolled further with the announcement early Monday that Nuvei Corp. has agreed to acquire Atlanta-based processor Paya Holdings Inc. in a deal valued at $1.3 billion. The transaction would bring to Montreal-based Nuvei a processor with deep roots in payments …

Long-time payments executive Frank Bisignano, who has guided payments giant Fiserv Inc. through a tumultuous time in the payments industry, has signed on to lead the company for another five years. Bisignano became chairman of the Brookfield, Wis.-based company in May, following his appointment as chief executive in July 2020. …

The big Internet services provider GoDaddy Inc. said on Tuesday it is using its Manage WooCommerce Stores technology to help sellers open and manage a store on the WordPress online platform. The move, which could bring more small sellers into the e-commerce fold, is aimed at untangling the complexity GoDaddy …

Shift4 Payments Inc. has been a busy payments provider in recent years, and early Monday the company made plain its pace will only get faster and will include continued expansion internationally. Traditionally focused on the U.S. market, executives told equity analysts the company had closed on its first acquisition in …

Two U.S.-based fintechs focused on blockchain payments technology have expanded their footprint into Singapore, giving both companies a jumping-off point for expanding their respective businesses in Asia. Circle Internet Financial LLC, a Boston-based company specializing in commercial blockchain and crypto applications, has received provisional approval from the Monetary Authority of …

Mastercard Inc.’s top executives early Thursday underscored a strategy for the company involving a diversity of payment flows and new network opportunities such as open banking and cryptocurrency. At the same time, the company’s leadership made plain the company will compete for debit volume in the wake of a Federal …

Fueled by growth in goods and services and travel and entertainment spending, American Express Co. on Friday reported third-quarter revenue of $13.6 billion, a 24% increase from the same period last year. Net income for the quarter totaled $1.9 billion compared to $1.8 billion a year ago. Overall cardholder spending …