Fiserv Inc., Brookfield, Wis., has reported record net income of $80.4 million ($0.41 per share) for the third quarter, compared with $66.2 million ($0.34 per share) a year earlier.The company said it completed five acquisitions in the third quarter, including Insurance Management Solutions Group, St. Petersburg, Fla., which services the flood insurance market; and General American Corp., Pittsburgh, a provider of technology and settlement services to the real estate and mortgage banking industries. Fiserv provides integrated data processing and information management systems to banks, mortgage lenders, and others in the financial services industry. The company can be found online at http://www.fiserv.com.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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