PYMNTS-MonitorEdge-May-2024

FIS

Fidelity National Information Services, Inc. is an international provider of financial services technology and outsourcing services. Headquartered in Jacksonville, Florida, FIS employs 52,000 people worldwide. FIS provides payment processing and banking software, services and outsourcing of the associated technology.

Source: en.wikipedia.org

Past Might be Prologue for Worldline and for Merchant Acquirer Acquisitions
Past Might be Prologue for Worldline and for Merchant Acquirer Acquisitions
November 27, 2023  |  Acquisitions

As 2023 wraps up and a new year dawns, acquirers are targets for acquirers. Europe has proven to be fertile ground for deal-making (though other...

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FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
November 07, 2023  |  Earnings

Payments firm FIS released third-quarter results on Tuesday (Nov. 7) that pointed to widespread recurring and organic revenue growth, and a continued shift by banks...

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FIS Hires Former Walgreens Exec James Kehoe as New CFO
FIS Hires Former Walgreens Exec James Kehoe as New CFO
August 22, 2023  |  CFO

FinTech giant FIS Global has announced the appointment of James Kehoe as its new chief financial officer (CFO), who began his new role Monday (Aug. 21). Kehoe...

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M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
August 21, 2023  |  Fintech Investments

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...

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More Than Half of Consumers Trust the Added Security of Payment Credentials Vaults
More Than Half of Consumers Trust the Added Security of Payment Credentials Vaults
July 28, 2023  |  Digital Payments

Given a safe alternative, most consumers would rather not reenter payment card info every time they make a purchase online. That’s where credential vaults come...

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Worldpay From FIS Launches Tool to Improve Payment Authorization
Worldpay From FIS Launches Tool to Improve Payment Authorization
July 25, 2023  |  Payment Methods

Worldpay from FIS has unveiled a turnkey solution designed to help merchants improve their payment authorization, streamline costs and approve all legitimate payment transactions. The new Revenue...

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60% of Consumers Say They Trust PayPal More Than Their Bank With Stored Payment Credentials
60% of Consumers Say They Trust PayPal More Than Their Bank With Stored Payment Credentials
July 21, 2023  |  Digital Payments

When it comes to credentials vaults that aggregate payment information and store credentials securely, and updating payment information shared with merchants when consumers change payment...

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Storing Payments Credentials Online Bothers Millennials More Than Gen X Shoppers
Storing Payments Credentials Online Bothers Millennials More Than Gen X Shoppers
July 14, 2023  |  Digital Payments

As consumers look to stored credentials to make their payment experiences easier, the majority are actually finding the capability comes with its own pain points....

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CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
July 10, 2023  |  Connected Economy

The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining.   Only two segments gained ground through the four trading sessions...

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