Global financial services technology company FIS announced Monday (July 31) it has completed the sale of its majority ownership stake in Capco Consulting (CCOEF) to Clayton, Dubilier & Rice, LLC (CD&R). In a news release, FIS said it received cash proceeds of $469 million — or...
For a lot of Americans, mainstream financial services represent a menu full of goods that aren’t desirable, aren’t affordable or just aren’t applicable. And this isn’t through any fault of their own — the marketplace has changed. Consumers who used to work 9-5 jobs are now...
The majority of financial service providers familiar with the blockchain say the technology will emerge as the “most significant technological development since the Internet,” according to a new report that offered renewed support for a tool for which some players have expressed doubts. Analysis from...
April 04, 2017
For a lot of Americans, mainstream financial services represent a menu full of goods that aren’t desirable, aren’t affordable or just aren’t applicable. And this isn’t through any fault of their own — the marketplace has changed. Consumers who used to work 9-5 jobs are now gig economy workers; consumers who used to get credit cards […]
August 22, 2023
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 takes over from Erik Hoag, who ends his 16-year tenure but will remain with the company as a non-executive officer through the end of the year. Commenting on the news […]
August 01, 2017
Global financial services technology company FIS announced Monday (July 31) it has completed the sale of its majority ownership stake in Capco Consulting (CCOEF) to Clayton, Dubilier & Rice, LLC...
