Tagged: stephanie ferris

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

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 15, 2022 @ 10:37 pm By Omar Faridi  |  

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