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Fiserv Announces Partnerships with DoorDash and Walmart for Embedded Finance and Pay-By-Bank Transactions

Oct 23, 2024•9 months ago

Contract Type

partnership

MilwaukeeConsultingLending

Description

Fiserv's latest earnings report highlighted the company's growth in point-of-sale and financial solutions. CEO Frank Bisignano emphasized the strategic advantage of their position at the intersection of merchant and financial solutions, noting increased connectivity between businesses and financial institutions. Fiserv announced partnerships with DoorDash to offer delivery contractors a range of financial services through an embedded finance application and with Walmart to enable real-time pay-by-bank transactions, showcasing the company's focus on embedded finance and expanding payment options.

Company Information

Company

Fiserv

Location

Milwaukee, Wisconsin, United States

About

Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud- based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index, the FORTUNE® 500, and has been recognized as one of FORTUNE World's Most Admired Companies® for 11 of the past 14 years and named among the World’s Most Innovative Companies by Fast Company for two consecutive years. Visit fiserv.com and follow on social media for more information and the latest company news. FISV-G

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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