News

Over recent weeks, Bank of America Corporation has passed the Federal Reserve’s 2026 stress tests, expanded its fixed‑income funding with multiple new senior unsecured notes, and extended large credit facilities to AI firms such as Nscale and OpenAI, while also advancing a potential acquisition of Fiserv’s debit payments network. Together with its high‑profile FIFA World Cup 2026™ sponsorship and new cross‑border payments product, these moves highlight Bank of America’s push to own more...

Major US banks, including Bank of America (NYSE:BAC), are reported to be exploring the acquisition of Fiserv’s debit payments network. The talks center on gaining more direct control over debit transactions and reducing reliance on third party payment processors. The potential deal is seen as a response to federal limits on interchange fees applied to debit card payments. The move could affect how revenue from debit transactions is shared across banks, card networks, and payment technology...

Wall Street's biggest banks reportedly held preliminary talks to acquire a Fiserv network that could help them bypass federal debit-card fee caps.

Truist Financial Corporation (NYSE:TFC) is one of the 10 Most Undervalued American Stocks to Invest In. On June 26, 2026, Truist Financial Corporation (NYSE:TFC) announced the release of the results of its annual company-run stress test. The test was conducted in accordance with Dodd-Frank Act regulations issued by the Board of Governors of the Federal […]

A federal judge denied Fiserv's motion to dismiss a lawsuit challenging its cybersecurity practices. The decision keeps the case active and puts additional focus on Fiserv's data protection controls and client obligations. At the same time, Fiserv appointed Takis Georgakopoulos as CEO following the abrupt departure of Mike Lyons. For investors tracking Fiserv, ticker NasdaqGS:FISV, the combination of an ongoing cybersecurity lawsuit and a sudden CEO change is front and center. The stock...

The federal court decision denied the payment processor’s motion to dismiss a credit union’s lawsuit in California. It’s one in a pack brought by such financial institutions nationwide.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.04%, and the actively tr

A number of stocks fell in the afternoon session after the May jobs report drove Treasury yields to levels that directly challenge the sector's business model.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.90%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.85%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

June S&P 500 E-Mini futures (ESM26) are down -0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.88% this morning as investors continue to pull back from the AI trade, while cautiously awaiting the key U.S. jobs report.

Fiserv (NasdaqGS:FISV) plans to launch its own federally compliant stablecoin, FIUSD, in July. The product is aimed at community banks and credit unions that want access to blockchain based payments. The move introduces a new stablecoin option focused on regulated U.S. financial institutions. Fiserv is a large provider of payments and financial technology to banks, credit unions, and merchants, and FIUSD extends that footprint into blockchain based digital assets. By targeting community...

Shareholder complaints against the payment processor are closely related and should be adjudicated in a New York case, a Wisconsin federal judge ruled.

CPI Card Group (NASDAQ:PMTS) executives said the company got off to a “solid start” in 2026, reporting first-quarter revenue growth of 20% and reaffirming its full-year outlook as it continues integrating its Arroweye acquisition and investing in its technology and go-to-market initiatives. First-q

Michael Lyons: Thank you, Walter, and good morning, everyone. While anticipation lending volumes in Argentina remain strong, lower inflation and interest rates in Argentina were a revenue headwind to Merchant in Q1.