Payments and financial technology
Fiserv runs core payments and banking plumbing for thousands of lenders and carries a market value of roughly $25 billion after its stock lost more than half its value in a year. Under new chief executive Takis Georgakopoulos it is pursuing Project Elevate, a $500 million cost-cutting program that activist Jana Partners wants raised to $1.25 billion.
FISV
Closed: Oct 9 6:01 PM EDT
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Day figures as of Oct 9 6:01 PM EDT · previous close 45.94
Featured · Money
Toast chief revenue officer Jonathan Vassil steps down on 31 December under a filing that calls it a planned retirement. His organization sells the $499-a-month marketing layer DoorDash's DashOS overlaps, and his transition ends in the same year DoorDash's SevenRooms tools reach 80,000 restaurants.
· 3 min read
