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Cover story: FACE OFF – Confrontation can be a good thing.
FIS
FinTech Futures: Top five stories of the week – 17 February 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FIS reveals plans to spin off merchant business unit
FIS expects the spin-off to be completed within the next 12 months.
FIS reportedly axes 2,600 jobs amid ongoing strategic review
Bloomberg reports the cuts have taken place over the past few weeks.
FinTech Futures: Top five stories of the week – 25 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FIS reportedly looking to cut thousands of jobs under new CEO
Bloomberg reports that the cuts to the workforce are expected to be staggered.
FIS names current president Stephanie Ferris as new CEO, replacing Gary Norcross
Ferris will take on the joint role of president and CEO at the firm from 1 January 2023.
Societe Generale embarks on derivatives tech transformation with FIS
Societe Generale will transition its existing derivatives IT environment to FIS Cleared Derivatives Suite.
FIS acquires embedded finance start-up Payrix
The Atlanta-based Payrix provides embedded payment solutions for Software-as-a-Service verticals.
SumUp selects Worldpay from FIS to support global expansion
London-based SumUp supports more than 3.5 million merchants across 30 markets.
FIS names new president, Stephanie Ferris
Ferris joined FIS through its 2019 acquisition of payments software firm Worldpay.
Webinar: The future of real-time payments – global trends and consumer perspectives
Getting a clearer vision into the acceptance, use, and future of real-time payments across the world.
FIS Horizon core banking system gains two new takers, PointBank and Bank of Southern California
The two US community banks have also signed for FIS’ Digital One solution.
Money20/20 USA video: The benefits of real-time payments
Ginny Chappell of FIS talks about the practical innovations that really make a difference.
Webinar: Real-time payments – how can your business benefit
Real-time payments’ use cases and benefits, and how businesses can take advantage of this payments model.
Fifth Third Bank picks FIS to power digital transformation
The bank will deploy FIS’s Modern Banking Platform (MBP) and Unity Wealth Platform.
USAlliance Financial picks FIS Payments One to enhance card processing
New York-based credit union aims to boost credit and debit card ops.
Real-time payments have real-time benefits especially for small businesses
In addition to money, faster payments are also about instant connectivity, precision, transparency and certainty.
BMO Harris Bank picks FIS for multi-year core banking transformation
FIS’ Systematics legacy tech out, Modern Banking Platform in, at BMO Harris Bank.
Signifyd raises $205m in Series E featuring FIS
Antifraud firm calls 2020 a landmark year in its history.
Caceis signs up with FIS to deploy new payment hub
The asset servicing firm aims for cross-border payments compliance.
FIS claims early cloud investment prevented COVID-19 disruption
A number of US banks suffered downtime in April due to COVID-19 stimulus cheques.
FIS debuts subscription-based core banking for US community banks
The US vendor aims to supply community banks with bundled software.
FIS sets up $150m fintech start-up fund
It’s January investment in Lagos-based Flutterwave marks the first investment.
Cybercrime in financial services: Work together to win the war
We need is a smart, flexible way of working together anticipate and respond to threats.
How FIS developed its “evergreen” core banking system
FinTech Futures speaks to Andrew Beatty of FIS about its new platform.
When it comes to supporting the underbanked, the best solution might be a little old school
Community banks and the underbanked need one another.
Union Bank picks FIS to underpin digital transformation
MUFG-owned bank the first user of new FIS platform.
FIS integrates IBM to help clients counter fraud
IBM Safer Payments has been installed in FIS’s P2P solutions
Apple Bank picks FIS for core banking change
FIS IBS to be deployed on a hosted basis at the New York bank.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
First Hawaiian stays with FIS but switches core systems
This comes despite the bank signing in 2015 with FIS’s fellow US heavyweight competitor, Fiserv.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
FIS, Fiserv and Infosys compete for Robinhood’s core banking tech deal
FIS, Fiserv or Infosys will be providing core processing software to Robinhood Bank once it receives authorisation.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
FIS acquires Worldpay for $34bn
The resulting merger will have an enterprise value of approximately $43bn.
The five attributes of a successful digital banking experience
What factors need to be considered to create powerful digital self-service apps and similar differentiators?
Banking tech vendor FIS invests in partner Zenmonics
This marks Zenmonics’s first round of funding.
