A spokesperson for Brookfield, Wisconsin-based Fiserv declined to elaborate on Hau’s comments. The company, which provides payments and financial technology services, rolled out pricing changes late last year that helped support revenue growth, Morgan Stanley Managing Director James Faucette noted during Hau’s Monday appearance at the Morgan Stanley conference, which Faucette moderated.
“We saw a price increase opportunity last year, largely in line with the rest of the world,” Fiserv CFO Bob Hau said. “I’d be hard pressed to find many industries or companies that didn’t have price increases, given the rate of inflation.”
