Tagged: stephanie ferris

FIS Reveals Plans to Spin Off Merchant Business

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

FIS Acquisition of Payrix Enhances Its Digital Commerce, Embedded Payments Experiences for SME Merchants

Financial technology firm FIS (NYSE: FIS) announces that it has enhanced its embedded payments strategy with the acquisition of Atlanta’s Payrix. This acquisition aligns with FIS’ strategy to expand its digital commerce offerings to firms of all sizes, and in any industry, by “embedding payments… Read More

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