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Logo of Fiserv (NASDAQ:FISV)Latest Fiserv (NASDAQ:FISV) News

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Fiserv doubles savings target after US$6.45 billion goodwill reset

Fiserv absorbs US$6.45 billion goodwill hit as cost-cutting target doubles

Fiserv has reported a US$6.45 billion non-cash goodwill impairment, sending GAAP earnings deeply negative despite adjusted EPS of US$1.75. The payments group reaffirmed its 2026 outlook while doubling its Project Elevate savings target to US$1 billion.
Claire Turing
4 Nov 2026