Crypto investors are contemplating a "stablecoin summer" in the wake of the GENIUS Act, which passed with 68-30 Senate support last week and now moves to the House of Representatives for further consideration. While the bill still needs to pass the House, several revisions have been included in the current version to garner support from both Democratic and Republican teams, and it's widely expected that President Trump will sign it into law if the House votes in favor.
Circle Internet Group (NYSE:CRCL) shares surged more than 21% after it announced a strategic collaboration with Fiserv Inc (NYSE:FI) aimed at integrating stablecoin technology into mainstream financial services. The partnership brings together Circle's regulated USDC infrastructure and payments network with Fiserv's extensive digital banking and payments capabilities, creating a powerful new channel for real-time, low-cost, and borderless stablecoin payments.
Fintech stock Fiserv Inc (NYSE:FI) was last seen up 3.6% at $169.14, after news that the company is launching its own bank-friendly stablecoin with Circle (CRCL) on the Solana blockchain.
The fintech company will partner with Circle Internet Group and other stablecoin giants on the project.
Clover's rapid value-added services adoption and product innovation are driving robust revenue growth, positioning Fiserv as an essential SMB operating system. New initiatives like Clover Hospitality, ADP partnership, and CashFlow Central expand Fiserv's addressable market and enhance monetization potential. International expansion is moving from plan to execution, leveraging local partnerships for capital-efficient, scalable growth, especially in Brazil and new markets.
Fiserv has agreed to acquire the remaining 49.9% stake in AIB Merchant Services (AIBMS) from AIB Group, aiming to strengthen its merchant services footprint across Ireland and Europe. [contact-form-7] The transaction, announced June 6, will give Fiserv full ownership of AIBMS, one of Ireland's largest payment solution providers and a top European eCommerce acquirer.
The Financial Transaction Services industry is aided by the widespread adoption of contactless payments, strong cross-border volumes and pursuit of M&A activities. Companies like V, MA, FI, FIS and GPN are well-positioned to thrive on the back of these favorable trends.
Call Start: 14:20 January 1, 0000 2:50 PM ET Fiserv, Inc. (NYSE:FI ) William Blair 45th Annual Growth Stock Conference June 04, 2025 02:20 PM ET Company Participants Robert W. Hau - Chief Financial Officer Conference Call Participants Andrew William Jeffrey - William Blair & Company L.L.C.
Fiserv, Inc. (NYSE:FI ) Bernstein 41st Annual Strategic Decisions Conference June 3, 2025 8:30 AM ET Company Participants Mike Lyons - CEO Conference Call Participants Unidentified Analyst Well, good morning, everyone, and welcome to the Baird conference this year. We're very pleased to be hosting all of you.
Fiserv, Inc. (NYSE:FI ) Bernstein's 41st Annual Strategic Decisions Conference May 29, 2025 3:30 PM ET Company Participants Mike Lyons - President & CEO Conference Call Participants Harshita Rawat - Bernstein Harshita Rawat Good afternoon, everyone. I'm Harshita Rawat, Bernstein's Senior Analyst covering payments processes and IT services.
Recurring revenues, strategic buyouts and strong liquidity make the FI stock a compelling hold despite competitive pressures and a lack of dividends.
The recent decline in Fiserv's share price was mostly anticipated, but it does not mean that the stock should rebound quickly. Near-term headwinds will likely persist, especially if consumer confidence continues to deteriorate. Looking past the near-term headwinds, however, Fiserv appears attractively priced, and long-term investors could take advantage.