Fiserv Financial News

Small businesses had a merry December, as shoppers wrapped up their holiday shopping

Poonawalla Fincorp, a Cyrus Poonawalla Group-promoted non-banking finance company, has announced the appointment of Salil Hajarnis as chief technology officer (CTO), said a statement issued today. His appointment was approved by the board of directors on September 11, 2024, and will take effect on December 10, 2024. He will lead the company's technology strategy, focusing on digital transformation and AI-driven customer solutions. With over two decades of experience in technology leadership, he has worked in roles spanning enterprise architecture, software engineering, and AI integration. At Fiserv, as head of technology for India, he led major initiatives including AI and API-enabled solutions, real-time integrations, and platform modernisation across key markets in India, ASEAN, and Australia.

Junior Bridgeman played for the Milwaukee Bucks long enough to retire as the team leader in games played and performed well enough that his jersey hangs from the Fiserv Forum rafters

PayPal Holdings Inc. added Shopify Inc. to its list of recent partnerships, reaching a deal to process some of the payment company’s debit- and credit-card transactions.

Kamala Harris unexpectedly departed for Milwaukee. The move, seen by some as a deliberate snub, raised eyebrows, especially given the Obamas’ delayed endorsement of Harris. Instead of attending the Obamas' speeches, Harris opted to address a nearly full arena in Milwaukee and hold a DNC watch party with her rally attendees, as per the reports of the New York Post. In Milwaukee, Democratic organizer Jaliah Jefferson informed the crowd at Fiserv Forum that they would be featured live as part of the DNC broadcast. Jefferson encouraged the audience to bring energy, emphasizing that the nation needed to see Wisconsin standing behind Harris. The enthusiastic crowd, energized by DJ Shawna, responded eagerly, especially those from Illinois who cheered loudly when acknowledged.

Consumers spent more at small businesses in July, a rebound fueled by strong sales of general merchandise and health and personal care products

Melania Trump did not attend any event this year, she arrived at the Republican National Convention and supported Donald Trump on Thursday. Melania and Ivanka Trump demonstrated their support for Donald Trump at the RNC in a very noticeable way. The former first lady and her stepdaughter joined Donald Trump on stage at the Fiserv Forum in Milwaukee, Wisconsin, wearing matching red and white outfits. To sign paperwork accepting the GOP nomination to challenge President Joe Biden in the next election, Donald Trump was present, as per the reports of 'Page Six'.

Donald Trump's grand-daughter Kai Trump has lauded the former US President as she claimed that her 'grandpa' was still 'standing' even after going through 'hell'. 17-year-old Kai backed Trump for the upcoming US Presidential election at the Fiserv Forum in Milwaukee, days after assassination attempt against the 78-year-old in Butler, Pennsylvania. Donald Trump Jr. was joined onstage Wednesday night by his daughter Kai Trump as part of an effort to buff the former president's image for undecided Americans who might be open to voting for him but still have their misgivings. «To me, he's just a normal grandpa,» Kai said. «He gives us candy and soda when our parents are not looking. He always wants to know how we're doing in school.»

Wall Street Journal chief economics correspondent Nick Timiraos says the balance of risks have been shifting for the Federal Reserve on 'The Claman Countdown.'

Small business sales growth slowed in June as consumers took a pause on spending

Republican National Convention began Monday at the Fiserv Forum in Milwaukee, Wisconsin. It will come to an end on July 18. In this once-in-four-year- convention, delegates will select the nominee for the presidential election and his running mate. Republican contender Donald Trump has announced J.D. Vance as his running mate. He will be the youngest vice presidential nominee. If Trump is nominated officially, he will be the first Republican leader to be nominated the presidential candidate for the third term after Richard Nixon.

National Convention, security around the venue and the city of Milwaukee has been increased. This comes immediately after the attempted assassination on the presumptive presidential nominee from the Republican Party. Trump was shot at by Tom Crooks in Butler in the state of Pennsylvania. He survived the assassination attempt by a whisker. Many are describing this arrangement as a ring of steel and there will be a multi-layer security. The entire venue of the convention has been secured and the city is also under a thick layer of security. Further, the residents of this small town have mixed feelings about this increased security.

(Reuters) — Payments processor Shift4 Payments' Chief Executive Officer Jared Isaacman said bids from potential contenders have failed to «sufficiently value» the company, Bloomberg News reported on Sunday.

On Wednesday, Mizuho Securities reiterated its buy rating and a price target of $156.00 for Fiserv Inc (NYSE:FI) (FISV), as speculation continues regarding the potential acquisition of Shift4 Payments, Inc. (FOUR). Fiserv, a prominent financial services technology company, has been mentioned alongside Amadeus as a possible suitor for Shift4 Payments, a provider specializing in integrated payment processing and technology solutions. However, Amadeus publicly expressed disinterest in a deal.

NBA In-Series Tournament on Friday, the Milwaukee Bucks will host the New York Knicks. The question being asked is if Damian Lillard is playing on Friday night. After four games with his new side, Lillard is still new to the club and it is yet to be seen whether he and his team gear up to take on a resilient Knicks. After receiving a shock 130-111 thrashing from the Toronto Raptors, the pressure is already on Lillard and Giannis Antetokounmpo to ensure Milwaukee play well and win this game. He has not been listed in the team's injury report, so he is most likely to start the game as usual. Injuries RJ Barrett of the Knicks injured his knee and was down with knee soreness on Wednesday. He is listed as questionable for Friday. Milwaukee’s Andre Jackson Jr. has a left hip contusion and he is also listed as questionable. Preview Milwaukee can be criticized for defense easily, but their offense too was not very good. Though Damian Lillard dominated and played out of his mind on opening night, the results have been mixed in the three games since then. Giannis Antetokounmpo too has shown signs of struggle, he could put up 16 points in 28 minutes against Toronto. The Milwaukee faithful are upset with the slow start, but they still are hopeful that the roster clearly has the talent to flip the switch at any moment. That moment may come on Friday. Start Time, Venue The Milwaukee Bucks vs. the New York Knicks game will take place on Friday, November 3 at the Fiserv Forum in Milwaukee. It will start at 7:30 p.m. ET or 6:30 p.m. CT. Where to watch The Milwaukee Bucks vs. the New York Knicks game can be watched live on ESPN. It will be available for live streaming on ESPN and Sling TV.

Friday Night SmackDown is scheduled to air on Friday night, but this time it will be broadcast on FS1 instead of the usual FOX Network. Pre-emptions like this occasionally occur, and this week is one such example. The live event will take place at the Fiserv Forum in Milwaukee, Wisconsin, and it's expected to draw an audience of over 11,000 fans, continuing the trend of consistently having over 10,000 fans attending weekly events for several months now. Two significant segments have been announced for this upcoming episode. LA Knight and Roman Reigns are set for a contract signing as a prelude to their forthcoming bout at Crown Jewel. Additionally, there will be a clash between Santos Escobar and Rey Mysterio taking on The Street Profits, as per reports. WWE's popular television show, «Friday Night Smackdown», will be moving from Fox to USA Network next year under a new five-year domestic media rights partnership with NBCUniversal. 'Smackdown', a weekly two-hour live program that features wrestlers such as Roman Reigns, Charlotte Flair, Rey Mysterio and Bianca Belair, regularly performs strongly in the key 18-49 demographic. It's also experienced strong ratings of late with regular appearances by John Cena and an unadvertised appearance by Dwayne “The Rock” Johnson. 'Smackdown' will begin airing on USA Network in October 2024. Fox had a five-year deal for 'Smackdown' that started in October 2019. Prior to that, “Smackdown” had aired on USA Network from 2016 to 2019.

Wipro, Capgemini and LTIMindtree are among the leading IT companies in India that have begun nudging employees to be in office on all or at least 50% of the working days in a week, according to sources, in what could signal the end of the work-from-home era in the country’s tech sector. This push to return to office is being implemented by IT/BPM and some technology companies across the country through verbal and informal communication channels, the people cited earlier said, as the industry faces a client demand crunch due to the global macroeconomic crisis which is squeezing tech spending.

Olivia Rodrigo will launch her 'Guts' World Tour in North America and Europe in February 2024 and it will come to an end in August. The tour will go across North America for six weeks before moving to Europe. It will return to North America in May before concluding in Rodrigo’s hometown of Los Angeles. The tour will feature opening acts, performed by young women. British dance-pop singer PinkPantheress, Los Angeles-based pop singer Chappell Roan, and California pop-rock singer Remi Wolf will produce the opening acts. Ex-Pixies singer Kim Deal will lead the Breeders band which will produce a string of radio and video hits. The American singer made her VMA debut in 2021 as she performed her Billboard Hot 100 No. 1 hit 'Good 4 U.'

By Nathan Layne

Donald Trump, yet his impact continues to resonate both on and off the debate stage. As candidates prepare to engage in discussions and showcase their policies, the shadow of Trump's influence looms over the event. Trump is rather open for an interview with Tucker Carlson, who hosts a program on X, formerly Twitter. While the debate will feature eight candidates who met the donor and polling requirements set by the Republican National Committee (RNC), the absence of Donald Trump, a potential contender and influential voice within the party, underscores the evolving dynamics of the GOP landscape. The debate, scheduled for August 23, will include prominent figures such as Florida Governor Ron DeSantis, South Carolina Senator Tim Scott, former U.N. Ambassador Nikki Haley, and entrepreneur Vivek Ramaswamy. However, controversies and last-minute changes have added complexity to the event, highlighting the challenges of assembling a diverse and competitive lineup.

By Gram Slattery