Fiserv gets a new CEO!

And... 💸 Moniepoint’s $100M+ raise

Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.

What we’ll cover today:

💳 AmEx spending surges at year-end.

👔 Fiserv names Michael Lyons as its next CEO.

🚀 Moniepoint bags $100M+ in funding.

🤖 Caseware acquires AI-driven Extractly.

💻 Maybank’s AWS-powered banking transformation.

Fiserv, a major player in financial tech, has announced Michael Lyons, a PNC executive, as its new president and CEO-elect.

🚨 Breaking News: Michael Lyons, known for his leadership at PNC, will take over as Fiserv’s CEO, steering it into the future.

Wire Simplified:

  • Fiserv provides financial services tech solutions globally.

  • Michael Lyons is moving from PNC Bank to Fiserv.

  • Lyons is known for scaling and innovating financial operations.

  • Current CEO Frank Bisignano will assist in the leadership transition.

  • Fiserv aims for growth under Lyons' strategic vision.

✔️ Straight to the Point:
Fiserv is betting on Michael Lyons' proven leadership to drive innovation and growth, setting high expectations for 2025 and beyond.

3 Fintech Buzzes You Can’t Miss…

1. Fintech $$$ Madness! 💸 Dive into Moniepoint's big win

2. AI Snapped Up! 🤖 Caseware bags Extractly AI

3. Maybank’s Digital Glow-Up! 🚀 See how AWS is shaking up banking

American Express saw a strong year-end boost in consumer and business spending, signaling optimism in the economy despite uncertainties.

🚨 Breaking News: AmEx reports higher spending at the end of 2024, fueled by holiday shopping and robust business activity.

Wire Simplified:

  • AmEx spending increased in Q4, driven by retail and travel.

  • Corporate clients also contributed to the spending spike.

  • The surge indicates resilient consumer confidence.

  • Higher spending aligns with AmEx's broader growth strategy.

  • The report reinforces the company’s strong performance outlook for 2025.

✔️ Straight to the Point:
AmEx’s strong Q4 spending surge highlights resilient consumer and business activity, reinforcing its position as a market leader.

🎤 Do you think the AmEx spending spike reflects a stronger economy?

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A revolution can be neither made nor stopped. The only thing that can be done is for one of several of its children to give it a direction by dint of victories.

-Napoleon

AI and Crypto both drive more concentration of power (not less) and more globalization (not less).

The US is — and must remain — the nation state winner in both.

In this sense, our President Trump quite literally rules the world.

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