Fiserv (FISV) Eyes AI and BNPL to Drive 2026 Recovery

Fiserv (FISV) is accelerating AI adoption and expanding buy-now-pay-later (BNPL) capabilities to drive cost discipline and growth, following a fourth-quarter earnings miss and a strategic review initiated in October. The company reported Q4 adjusted EPS of $1.99, down 21% from 2024; full-year 2025 EPS of $8.64, down 2%; Q4 revenue of $4.90B, flat YoY; and full-year revenue of $19.80B, up 4% YoY. For 2026, management projects organic revenue growth of 1%–3% and EPS of $8.00–$8.30. Key initiatives include expanding agentic commerce with Google, Mastercard, and Visa; deepening its partnership with ServiceNow to enhance IT and customer operations; and integrating Affirm to offer BNPL on debit cards. In Japan, Fiserv partners with Sumitomo Mitsui Card to deliver an integrated payments and business platform and will release a Clover variant in late 2026 to support the government’s cash reduction target.