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

GoDaddy and Worldpay Launch Commerce 360 for Small Business Payments
GoDaddy and Worldpay Launch Commerce 360 for Small Business Payments
March 01, 2023  |  B2B Payments

GoDaddy and Worldpay say they want to help small businesses accept payments across any channel. To that end, the two companies announced Wednesday (March 1) they have teamed up to...

READ MORE >
Consumers Are More Loyal to Merchants That Protect Payments Credentials
Consumers Are More Loyal to Merchants That Protect Payments Credentials
February 27, 2023  |  Payment Methods

It can be too bothersome for consumers to store and regularly update their payment credentials on myriad sites and apps. Reducing friction in shoppers’ online...

READ MORE >
Online Marketplaces or Banks? Consumers Torn on Trusted Keeper of Secure Payments Credentials
Online Marketplaces or Banks? Consumers Torn on Trusted Keeper of Secure Payments Credentials
February 15, 2023  |  Consumer Payments

In recent years, friction in the payments process has remained despite attempts to make payments as seamless as possible. Most consumers would rather not reenter...

READ MORE >
FIS Banks on Embedded Finance, Spinoff to Jump-Start Merchant Business Growth 
FIS Banks on Embedded Finance, Spinoff to Jump-Start Merchant Business Growth 
February 13, 2023  |  Earnings

FIS is banking on embedded finance and loyalty programs to re-ignite growth in its merchant business. Earnings for the payments giant came two days earlier...

READ MORE >
FIS to Spin Off Worldpay Merchant Services Business Acquired in 2019
FIS to Spin Off Worldpay Merchant Services Business Acquired in 2019
February 12, 2023  |  Platform Payments

FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a...

READ MORE >
FIS Cuts 2,600 Jobs During ‘Comprehensive Assessment’ of Business
FIS Cuts 2,600 Jobs During ‘Comprehensive Assessment’ of Business
February 02, 2023  |  Personnel

FIS has reportedly laid off 2,600 employees and contractors in recent weeks. The cuts amount to 2% of the FinTech’s workforce, according to a Thursday...

READ MORE >
FIS Says Embedded Finance in ‘First Inning’ of Payments Evolution
FIS Says Embedded Finance in ‘First Inning’ of Payments Evolution
January 25, 2023  |  Innovation

“If the FinTech ‘revolution,’ post-financial crisis, is in its early innings, then embedded finance is in its first inning.” Matthew Valente, head of product strategy at...

READ MORE >
77% of Consumers See Data Security as Important Facet of Payment Vaults
77% of Consumers See Data Security as Important Facet of Payment Vaults
January 23, 2023  |  Commerce Connected

As many of us live so much of our daily lives online, data security remains top of mind. Eighty percent of consumers have saved their...

READ MORE >
Report: FIS Shares Up 2% on Talk of Potential Takeover 
Report: FIS Shares Up 2% on Talk of Potential Takeover 
January 19, 2023  |  Acquisitions

FIS has reportedly heard from an interested potential buyer.  Seeking Alpha reported Thursday (Jan. 19), citing an unnamed source, that an unknown potential buyer is...

READ MORE >