Fiserv, Inc. (NASDAQ:FISV) shares are trending overnight after a Reuters report said the payments technology company is exploring the sale of its STAR debit card network.
Fiserv closed Monday’s regular session at $51.78, down 1.05%. Shares rebounded in after-hours trading, rising 7.49% to $55.66.
Fiserv is a financial technology company that provides payment processing, digital banking, merchant acquiring and account processing solutions to financial institutions and businesses.
Potential STAR Network Sale In Focus
The STAR Network provides infrastructure that routes debit, ATM, e-commerce and other payment transactions between banks, merchants and consumers. The network serves more than 115 million debit cardholders through over 2,800 financial institutions.
