Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Spire pushes pay-by-bank model [Yahoo! Finance]

Fiserv, Inc. (FI) 
Last fiserv, inc. earnings: 2/25 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
For many merchants, a lower-cost payment alternative to credit and debit cards has been their chief goal for years. Players across the payments industry are pushing to bring the bank account to the point of sale to give merchants an even less-expensive option. Spire announced a new “Pay with Spire” merchant-branded offering earlier this month with Discover Financial Services to bring pay-by-bank into the realm of routine daily spending, such as coffee, gasoline and rideshares. Spire contends its solution will save merchants 50% to 90% on processing fees compared to the 2.5% fee on credit card and 1.7% fee on regulated debit card transactions that many merchants pay. “Pay-by-bank has not been able to interact with a point of sale,” Spire CEO Matt Brennan said in an April 9 interview. “It never was able to do it. It really has been something that everybody's been striving to solve for.” Brennan, a former Apple executive, joined the Dallas-based company in September. Fintechs Show less Read more
Impact Snapshot
Event Time:
FI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FI alerts
Opt-in for
FI alerts

from News Quantified
Opt-in for
FI alerts

from News Quantified