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Fiserv's Trading Volume Drops 32.9% to $698 Million Ranking 167th as it Acquires Pinch Payments to Expand in Asia-Pacific
Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 8:01 pm ET1min read
On April 10, 2025, Fiserv's trading volume reached $698 million, a 32.9% decrease from the previous day, ranking 167th in the day's stock market. Fiserv's stock price fell by 2.85%.
Fiserv has acquired Pinch Payments, an Australian payment facilitator, to enhance its PayFac and payment orchestration capabilities. This acquisition supports the rollout of Fiserv's Clover platform across the Asia-Pacific region, aligning with its strategy to expand its point-of-sale services in Australia. The move is expected to strengthen Fiserv's digital payments offerings and expand its merchant reach in the region.
This strategic acquisition is part of Fiserv's broader initiative to bolster its payment service offerings and enhance its market position in the Asia-Pacific region. By integrating Pinch Payments' capabilities,
aims to provide more comprehensive and efficient payment solutions to its clients, further solidifying its leadership in the global payments industry.
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