FISERV INC

Fiserv, Inc. announced it will serve as the exclusive embedded financial services and payments provider for Datavault AI, Inc. Through its Embedded Finance platform, Fiserv will integrate banking, payments, and card programs directly into Datavault AI-powered marketplaces and exchanges. This includes Datavault AI's NIL Exchange for high school and college athletes and the Information Data Exchange for buying and selling data assets. The partnership aims to provide seamless access to financial services, enabling payment wallets, debit cards, and demand deposit accounts for participants.

Fiserv, Inc. announced it will release its second quarter 2026 financial results before the market opens on Thursday, August 6, 2026. The company will host a live webcast at 7 a.m. CT (8 a.m. ET) on the same day to discuss the results. Investors can access the webcast and supplemental financial information on the investor relations section of the Fiserv website.

Fiserv, Inc. announced the resignation of its President, Dhivya Suryadevara, effective July 7, 2026. Ms. Suryadevara resigned for "good reason" and will remain a non-executive employee until July 31, 2026, to facilitate an orderly transition of her duties. Concurrently, Andrew Gelb and Srini Krish were appointed as interim leaders for the Company's Financial Solutions business, effective immediately.

Fiserv published its Small Business Index for June 2026, indicating steady short-term expansion with the index rising to 145. Overall sales increased +2.4% year-over-year and +0.8% month-over-month, primarily driven by higher average tickets. While transactions continued a year-over-year decline, they showed month-over-month improvement, signaling some stabilization. Retail sales bounced back, and a rebalancing of consumer spending towards goods was observed, though persistent inflation continues to shape behavior.

Fiserv announced the expiration and results of its tender offers to purchase for cash its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049. A total of $1,330,795,000 aggregate principal amount of Notes were validly tendered by the expiration date. The company intends to accept all tendered notes for purchase, with the settlement date expected on June 26, 2026.

Fiserv, Inc. completed a public offering of €1,000,000,000 in aggregate principal amount of senior notes. This includes €500,000,000 of 3.750% Senior Notes due 2030 and €500,000,000 of 4.250% Senior Notes due 2034. The notes were issued under an existing indenture and supplemental indentures, outlining terms for interest payments, maturity, optional redemption, and repurchase upon a change of control.

Fiserv, Inc. has commenced a cash tender offer to repurchase any and all of its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049. The total principal amount of notes targeted is $2.75 billion. The completion of the offer is contingent upon the company receiving proceeds from a new offering of euro-denominated senior notes, aiming to optimize its debt structure.

Fiserv, Inc. announced the commencement of tender offers to purchase for cash any and all of its outstanding senior notes. The offers target $750 million of 5.150% Senior Notes due 2027 and $2 billion of 4.400% Senior Notes due 2049, totaling $2.75 billion. The offers are set to expire on June 23, 2026, with an expected settlement date of June 26, 2026, and are conditioned upon the receipt of proceeds from a new euro-denominated senior notes offering.

Fiserv announced a leadership transition with Michael P. Lyons resigning as Chief Executive Officer and Director, effective June 12, 2026, to take on the CEO role at Truist Financial Corporation. Takis Georgakopoulos, previously Co-President, Head of Merchant and Technology, was appointed as the new CEO and a member of the Board of Directors, effective June 14, 2026. In connection with his appointment, Mr. Georgakopoulos's compensation package includes a $1,300,000 annual base salary and significant equity incentives. The company also reaffirmed its full-year 2026 financial outlook.

Fiserv announced the appointment of Takis Georgakopoulos as its new Chief Executive Officer and a member of the Board of Directors, effective immediately. He succeeds Mike Lyons, who has stepped down to become CEO of Truist Financial Corporation. Georgakopoulos, who joined Fiserv in late 2024, brings extensive experience in payments, technology, and financial services. The company also reaffirmed its full-year 2026 outlook, expecting organic revenue growth of 1% to 3% and adjusted earnings per share of $8.00 to $8.30.