Fiserv, Inc. is exploring the sale of its STAR debit card network, according to a Reuters report, as the company pursues a turnaround plan following a difficult year marked by a sharp decline in market value and leadership changes. The payments technology company has held discussions with several major U.S. banks, including JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Company and Principal Financial Group Inc, about a potential sale of its STAR Network business. No deal is certain, and the discussions could still fall apart, the report noted.

The STAR Network provides infrastructure that routes debit, ATM, e-commerce and other payment transactions between banks, merchants and consumers. It serves more than 115 million debit cardholders through over 2,800 financial institutions. The potential divestiture aligns with Fiserv's broader strategy to streamline operations and focus on core growth areas amid market challenges.

Trading Metrics

Fiserv closed Monday's regular session at $51.78, down 1.05%. Shares rebounded in after-hours trading, rising 7.49% to $55.66. The stock has traded between a 52-week high of $70.40 and a 52-week low of $47.04. Over the past 12 months, FISV shares have declined approximately 70.12%. The company has a market capitalization of approximately $27.61 billion.

Business Overview

Fiserv provides payment processing, digital banking, merchant acquiring and account processing solutions to financial institutions and businesses. Earlier Monday, the company released its June Small Business Index, which showed small business sales increased 2.4% year over year, supported by higher average transaction values and a rebound in retail spending. The report also pointed to stabilizing consumer activity despite persistent inflation.

Ademi LLP is investigating potential breach of fiduciary duty claims against Fiserv. The investigation focuses on whether the board of Fiserv has breached its fiduciary duties to shareholders. This scrutiny follows recent announcements and lawsuits involving the company.

On June 15, 2026, Fiserv announced that its CEO and board member Michael P. Lyons was resigning effective immediately. Ademi LLP's inquiry results from this announcement and subsequent legal actions. The law firm specializes in securities fraud and shareholder litigation.

Shareholders affected by these developments are invited to participate in the investigation. Ademi LLP has provided contact details for those seeking additional information or wishing to join the proceedings. There is no cost or obligation to participate.

The investigation aims to determine if the board's actions have harmed shareholder value. Ademi LLP emphasizes that prior results do not guarantee similar outcomes in this matter.