Tag Archives: Clover

Fiserv sued over Clover migration

Fiserv sued over Clover migration

Dive Brief: Investors sued the payments processing giant FiservĀ in federal court, alleging it forced merchants to migrate to Clover, its small business-focused point-of-sale service, and lied to investors about slowing growth of Clover sales as merchants rebelled against its cost. Moving businesses from an older system onto Clover concealed a slowdown in new merchant business for the point-of-sale system, according …

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