Tagged: fis

September 29, 2024 @ 6:25 pm By Omar Faridi  |  

FIS (NYSE: FIS) says it will provide a complete end-to-end loyalty program management platform for Commerce Bank, a Midwest regional bank with over $30 billion in assets and nearly 160 years of history. By collaborating with FIS on this strategic initiative, Commerce Bank seeks to… Read More

August 19, 2024 @ 7:12 am By Omar Faridi  |  

FIS (NYSE: FIS), a global firm focused on financial technology, announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a… Read More

July 21, 2024 @ 7:07 pm By Omar Faridi  |  

FIS (NYSE: FIS), a global firm focused on financial technology, announced the launch of its new SMB Digital Lending solution. Created in partnership with Lendio, the nation’s small business financial solutions technology platform, the solution aims to “reduce the barriers to funding for small and… Read More

June 11, 2024 @ 4:26 pm By Tony Zerucha  |  

This week, FIS launched its Climate Risk Financial Modeler. The new SaaS risk offering aims to help businesses across all industries better assess, reduce and report their exposure to the physical risks of climate change. The Climate Risk Financial Modeler harmonizes client data with third-party… Read More

March 19, 2024 @ 1:35 pm By Omar Faridi  |  

Global financial technology Fintech FIS (NYSE: FIS) has announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy. The gains anticipated from this collaboration… Read More

February 14, 2024 @ 9:00 am By JD Alois  |  

FIS (NYSE:FIS) has announced a partnership with Banked to offer a new “pay by bank” solution for both consumers and businesses. Banked, enables consumers to pay directly using their bank without entering any financial data. Last year, FIS became one of the first Fintechs to… Read More

February 9, 2024 @ 8:30 am By Omar Faridi  |  

Global financial technology firm FIS (NYSE: FIS) has announced another milestone in its drive to make secure open banking more accessible to its clients and their customers. Agreements are in place with data networks “including Akoya, Envestnet | Yodlee, MX and Plaid to integrate into… Read More

February 2, 2024 @ 5:32 am By Omar Faridi  |  

Worldpay, LLC, a global industry leader in payments technology and solutions, announced today that it has closed upon its previously announced sale and will now operate as an independent company. The company will be overseen by private equity firm GTCR, “with a 55% majority ownership… Read More

October 19, 2023 @ 9:57 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with players across the ecosystem, including Worldpay from FIS, the merchant solutions business of global financial services technology provider FIS, and Zip, a buy now, pay later firm, “to scale new open banking-powered solutions that enable more payment choice, empower… Read More

July 9, 2023 @ 12:58 pm By Omar Faridi  |  

FIS (NYSE: FIS), which claims to be a global leader in financial services technology, announced an acceleration of its previously announced separation plan in order “to create two highly focused global companies with greater strategic flexibility.” FIS has signed a definitive agreement “to sell a… Read More

May 31, 2023 @ 10:19 pm By JD Alois  |  

Affirm (NASDAQ: AFRM) and Worldpay from FIS  (NYSE: FIS) have announced a partnership that will make Affirm’s Adaptive Checkout available to Worldpay merchants in a multi-year agreement. Becca Stone, VP of Strategic Partnerships at Affirm, said the partnership would help Worldpay’s merchants drive growth and… Read More

May 17, 2023 @ 8:27 am By Omar Faridi  |  

Standard Chartered (LON: STAN) and one of the “largest” merchant acquirers, Worldpay from FIS, have announced a strategic partnership “to expand the market coverage of, and enable new capabilities on, Straight2Bank Pay, the Bank’s one-stop digital collections gateway for merchants.” This global partnership is considered… Read More

April 27, 2023 @ 5:57 pm By Omar Faridi  |  

Continuing to build its footprint as a leading global acquirer, global financial technology firm FIS (NYSE: FIS) has announced its Worldpay merchant business will be “expanding its payment processing capabilities into the United Arab Emirates (UAE) this year.” Worldpay has “secured a category II payment… Read More

March 2, 2023 @ 6:17 am By Omar Faridi  |  

As consumers move more regularly between online and in-the-store, small businesses need the latest tools “to provide the same type of shopping experiences seen at big brand companies.” To make payments simple and provide small businesses with an easy-to-use portal to manage their website, inventory… Read More

February 13, 2023 @ 11:35 pm By Omar Faridi  |  

FIS (NYSE: FIS), a global player in financial services technology, announced plans “to pursue a tax-free spin-off of its Merchant Solutions business to strengthen its strategic and operational focus, capitalize on growth opportunities and unlock shareholder value.” The two companies “expect to maintain a strong commercial… Read More

February 11, 2023 @ 10:13 am By Omar Faridi  |  

Banking and payments conglomerate Fidelity National Information Services Inc (NYSE: FIS) is reportedly planning to break up its operations, which will involve undoing a $43 billion acquisition it finalized a few years back. This, according to sources familiar with the matter (and cited by Reuters)…. Read More

February 4, 2023 @ 7:16 pm By Omar Faridi  |  

Proxymity, the digital investor communication platform, today announced its collaboration with FIS® to launch FIS Proxy Voting by Proxymity. The digital proxy voting service “connects issuers, intermediaries, and investors ensuring that investor communications are delivered in real-time.” Rapidly increasing cost pressures amidst “an unpredictable economic… Read More

December 16, 2022 @ 8:37 pm By Omar Faridi  |  

FIS (NYSE: FIS), which claims to be a global leader in financial services technology, announced that its incoming Chief Executive Officer and Board of Directors have initiated a comprehensive “assessment of the company’s strategy, businesses, operations and structure with the goal of positioning the Company… Read More

October 25, 2022 @ 8:26 am By Omar Faridi  |  

Fireblocks, a platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced the public launch of its Payments Engine, a new suite of tools that will “enable payment service providers (PSPs) with the ability to provide a blockchain agnostic, end-to-end solution… Read More

October 19, 2022 @ 3:43 pm By Omar Faridi  |  

FIS (NYSE:FIS), which claims to be a global leader in financial services technology, announced today the appointment of Stephanie L. Ferris “as President and Chief Executive Officer.” In addition to her current role as President, Ferris will “take over as CEO from Gary A. Norcross, who… Read More