On July 7, Fiserv rose 5.02% in regular trading, trading at $53.835/share, with turnover of $214 million. The stock surged following reports that multiple major US banks are exploring a potential acquisition of the company's STAR Network debit payments business.

According to reports citing unnamed sources, JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services have held preliminary discussions in recent months about purchasing the STAR Network. No deal is certain and the talks could still fall apart. Notably, some potential buyers have reportedly stepped back over concerns that such a transaction could face opposition from lawmakers, regulators, and merchants. The deal is seen as potentially allowing banks to circumvent debit card fee caps.

The news comes alongside other positive developments, including the latest Fiserv Small Business Index rising to 145 with year-over-year sales growth of 2.4%, and notable investor Michael Burry recently disclosing an increased position in the stock.

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