Fiserv, the US-based payments and financial services technology solution provider, has completed the transfer of its stock exchange listing to the New York Stock Exchange. The company has already begun trading under the ticker symbol ‘FI’.
Marking this initial collaboration with the New York Stock Exchange, Fiserve plans to publish its first ‘Fiserv Small Business IndexSM‘, this summer. The index will provide a monthly snapshot of consumer spending at small businesses with both cards and cash, online and in-store.
Combining Fiserv data with NYSE indexing expertise will enable new insights for those with a stake in the future of small business, including financial institutions, policymakers, investors, market researchers and businesses of all sizes.
In celebration of the transfer, representatives of Fiserv rang the NYSE opening bell on Wednesday 7 June 2023.
Frank Bisignano, chairman, president and chief executive officer of Fiserv, discussed the news: “To lead in fintech today means not just enabling commerce and money movement, but disrupting on behalf of, not in place of, its long-standing participants. Our decision to transfer to the NYSE and introduce a new ticker – FI – is a signal and symbol of our leadership position in fintech.
“Our focus on clients through innovation, talent, and investment has enabled us to drive sustained growth, as we reach more than 100 countries and serve nearly 100 per cent of US households.”
NYSE welcomes ‘an established leader and trailblazer in fintech’
Lynn Martin, NYSE president, also commented: “The New York Stock Exchange welcome Fiserv, an established leader and trailblazer in fintech and payments, as the newest member of our NYSE community. Fiserv joins our community of innovators, icons and disruptors, who routinely set the pace in advancing tech-driven innovation across the globe.”
On 5 June 2023, Fiserv was named to the FORTUNE 500 for the eighth consecutive year. Its ranking of 230 for 2023 is based on 2022 company revenue of more than $17billion.
Earlier this year, Fortune also included Fiserv in Fortune America’s Most Innovative Companies for its ability to inspire and deliver innovation on behalf of its clients with inclusion. The ranking takes a holistic view of a company’s focus on innovation. Fortune chose companies based on surveys of employees and experts in various fields, and an independent analysis of the quantity and value of the company’s patents.