Independent Financial Information Made Easy
Open: 68.04 Close: 68.62 Change: 0.58
Self-Help Credit Union sues Fiserv over insecure systems. Lawsuit alleges Fiserve provided insecure account processing systems and demanded ransom in the form of exorbitant termination fees when the credit union attempted to leave. The lawsuit comes amid a turbulent period for the technology vendor. Fiserv announced a restructuring plan dubbed One Fiserve and a move to transfer its stock listing from the New York Stock Exchange to Nasdaq. In May 2025, a FIserv outage disrupted services for multiple financial institutions, taking down peer-to-peer payment platform Zelle and impacting ACH transactions.
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Open: 68.04 Close: 68.62 Change: 0.58
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