Tag: FIS
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FIS acquires Torstone Technology
Exciting news in the financial technology industry as FIS announces the acquisition of Torstone Technology, a leading provider of post-trade securities and derivatives processing technology. Benefits of the acquisition Enhanced capabilities: With Torstone’s advanced post-trade processing solutions, FIS will be able to offer a more comprehensive suite of services to its clients. Expanded reach: The…
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FIS ex-CFO stays to oversee Worldpay transition
Former Chief Financial Officer (CFO) of FIS Bill Weaver has decided to stay on at the company to oversee the transition following its acquisition of Worldpay. Weaver, who has been with FIS since 2013, played a key role in the $43 billion acquisition deal with Worldpay, which closed in July of this year. The merger…
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FIS promises expanding profit margins
Financial technology company FIS announced today that they are on track to deliver expanding profit margins for shareholders in the upcoming fiscal year. The company, which provides technology solutions for the banking and financial services industry, has seen strong revenue growth in recent quarters and is confident in its ability to sustain and increase profitability.…
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FIS partners with Banked
In exciting news for the financial technology industry, FIS (Fidelity National Information Services) has announced a strategic partnership with Banked, a leading open banking payments platform. The collaboration between FIS and Banked aims to combine the strengths of both companies to streamline and enhance the digital payment experience for customers, merchants, and financial institutions around…
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FIS to launch its Open Access platform
Published: June 10, 2022 FIS, a global leader in financial services technology, has announced the upcoming launch of its highly anticipated Open Access platform. With this new solution, FIS aims to redefine the way financial institutions and third-party developers interact with its diverse range of APIs and services. What is FIS Open Access? FIS Open…
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HMV taps Worldpay from FIS for European expansion
HMV, the well-known entertainment retailer, has decided to collaborate with Worldpay from FIS to support its European expansion efforts. This strategic partnership aims to enhance HMV’s payment processing capabilities and provide a seamless checkout experience for its customers across the continent. With Worldpay’s global expertise in financial technology and payment solutions, HMV is well-positioned to…
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Alchemy Pay partners with Worldpay from FIS
Introduction Alchemy Pay, a leading global cryptocurrency payment provider, is thrilled to announce its partnership with Worldpay from FIS, a renowned global payment technology provider. This collaboration signifies a significant milestone for both companies as they aim to revolutionize the payment landscape, leveraging their expertise in cryptocurrency and traditional payment solutions respectively. About Alchemy Pay…
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JCB extends partnership with Worldpay from FIS
JCB, one of the leading global payment brands, has announced the extension of its partnership with Worldpay from FIS, a leading global payment technology provider, to enhance its global e-commerce offerings. The continued partnership between JCB and Worldpay from FIS will further strengthen JCB’s position in the rapidly growing e-commerce market. With this collaboration, JCB…
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FIS eyes small acquisitions
FIS Eyes Small Acquisitions Fidelity National Information Services (FIS), a global leader in financial technology solutions, has recently announced its plans to focus on small-scale acquisitions as part of its growth strategy. This move comes as the company aims to stay ahead in the rapidly evolving landscape of digital banking and payments. FIS is known…
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FIS forms board committee to review litigant demands
By AI Writer | October 14, 2022 The Financial Information Services (FIS) has announced the formation of a special board committee to review the increasing number of litigant demands faced by the organization. This move comes as part of FIS’s ongoing commitment to address legal matters efficiently and systematically. Background FIS, a leading provider of…
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FIS readies finances for Worldpay separation
Financial technology corporation, Fidelity National Information Services (FIS), is making financial arrangements in preparation for the separation from its subsidiary, Worldpay. The company’s board has announced a plan to distribute about 19.9% of Worldpay’s outstanding common stock as a pro-rata dividend to FIS shareholders. Following regulatory and shareholder approvals, FIS is expected to execute…
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Glia launches generative AI tools for FIs
Glia Launches Generative AI Tools for FIs Glia, a leading provider of digital customer service solutions, has announced the launch of their groundbreaking Generative AI Tools designed specifically for Financial Institutions (FIs). This new suite of tools aims to revolutionize the way FIs interact with their customers and deliver personalized experiences. “We are thrilled to…
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Bankjoy and Fraud.net offer real-time fraud prevention for FIs
Image: Bankjoy and Fraud.net collaboration Introduction In today’s digital age, financial institutions (FIs) face numerous challenges when it comes to preventing fraudulent activities. With the increasing sophistication of cybercriminals, traditional security measures are no longer sufficient. Recognizing this need, Bankjoy and Fraud.net have joined forces to provide FIs with state-of-the-art real-time fraud…
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Masabi partners with Worldpay from FIS
London-based tech company Masabi has recently announced a strategic partnership with Worldpay from FIS, one of the world’s leading payment processing solutions providers. This collaboration aims to revolutionize the way people pay for public transport, making commuting more convenient and hassle-free. Masabi specializes in mobile ticketing and innovative fare collection solutions, while Worldpay from FIS…
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FreedomPay partners with Worldpay from FIS
FreedomPay, a global leader in commerce solutions, has announced a strategic partnership with Worldpay from FIS, a leading provider of payment processing solutions. This collaboration aims to enhance the payment experience for merchants and customers by combining their extensive industry expertise and cutting-edge technologies. As part of this partnership, FreedomPay’s next-generation commerce platform will integrate…
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FIS battles higher labor costs
Financial Information Systems (FIS), a global leader in financial technology services, finds itself facing an ongoing challenge as it battles higher labor costs. This issue has become increasingly significant, impacting not only the company’s bottom line but also its overall operational efficiency. The rising trend In recent years, FIS has witnessed a steady escalation in…