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    FISV   US3377381088

FISERV, INC.

(FISV)
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National Payments Corporation of India and Fiserv, Inc. Enables nFiNi- RuPay Credit Card Stack for Fintechs and Banks

09/08/2021 | 01:31am EDT

Fiserv, Inc. entered into a collaboration with National Payments Corporation of India, Bharat Bill Payment System, and RuPay, to enable the launch of ‘nFiNi’, a ready stack of services that fintechs and banks can use to issue RuPay credit cards. As just over 2% of the population in India has access to credit cards, this initiative has the potential to boost credit inclusion and drive economies of scale for fintechs and banks. Fintechs will be able to issue credit to their customers, many of whom are first-time users of banking and credit services, and banks will be able to grow their fintech portfolio while maintaining focus on their core offerings. nFiNi will power RuPay cards by offering access to services through the NPCI network and FirstVisionTM from Fiserv, a microservices-based platform-as-a-service with a set of APIs that supports orchestration of the digital user experience, enables push alerts for in-app, mobile messaging app and SMS notifications, simplified integration options, and instant digital card provisioning, allowing customers to transact immediately after being approved for a card.


© S&P Capital IQ 2021
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Analyst Recommendations on FISERV, INC.
More recommendations
Financials (USD)
Sales 2021 16 153 M - -
Net income 2021 1 619 M - -
Net Debt 2021 18 468 M - -
P/E ratio 2021 45,1x
Yield 2021 -
Capitalization 72 710 M 72 710 M -
EV / Sales 2021 5,64x
EV / Sales 2022 5,12x
Nbr of Employees 44 000
Free-Float 75,9%
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Technical analysis trends FISERV, INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 31
Last Close Price 109,80 $
Average target price 140,57 $
Spread / Average Target 28,0%
EPS Revisions
Managers and Directors
Frank J. Bisignano President, Chief Executive Officer & Director
Robert W. Hau Chief Financial Officer
Denis J. O'Leary Non-Executive Chairman
Guy Chiarello Chief Operating Officer
Adam L. Rosman Chief Legal & Administrative Officer
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