Fiserv, Inc. (NYSE:FI) Q4 2023 Earnings Call Transcript

Now relative to our performance, we’re the largest merchant acquirer in the country. So, if there’s variation in the FSBI, you’re likely to see variation in Fiserv’s results relative to some nuances of different regions, industry weightings, et cetera. But certainly, a strong FSBI indicator index would be good for us, a weaker index would be a headwind for us. We’re actually quite proud of that capability not only is it using all of the data we have, by the way, including cash transactions, which obviously, don’t manifest themselves in our numbers for merchant acquiring, but we have the data, and it’s very real time. We’re able to provide that information two days after the month ends. It’s not a perfect proxy, but it’s a proxy.

Ashwin Shirvaikar: Got it. Thank you for all the information.

Robert Hau: Thanks.

Frank Bisignano: Well, thank you, everyone, for your attention today. Please feel free to reach out to IR team with any questions. And have a great day.

Operator: Thank you all for participating in the Fiserv fourth quarter 2023 earnings conference call. That concludes today’s call. Please disconnect at this time, and have a great rest of your day.