Fiserv reported a 2.4% revenue decline to $4.68 billion in Q1 2026, driven by a 4% drop in organic revenue and challenges in its core banking segment due to higher attrition. CEO Mike Lyons highlighted the company's strategic focus on execution under the "ONE Fiserv" plan, including hiring experienced leaders and expanding its Clover platform into new sectors like healthcare. To address client attrition and improve service, Fiserv is leveraging AI, reducing client inquiry resolution time by 27% and high-impact incidents by 60%. The company views these efforts as key to stabilizing its financial solutions business amid shifting consumer spending patterns influenced by external factors like rising gas prices.
On June 15, 2026, BlackRock, Inc. and its funds reduced their total holdings in Orion Corporation to below 5% of the company's shares and voting rights. This change was disclosed under the Finnish Securities Market Act, indicating a decrease from a p...
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
