Welcome to our dedicated page for Fidelity Natl Information Svcs news (Ticker: FIS), a resource for investors and traders seeking the latest updates and insights on Fidelity Natl Information Svcs stock.
Fidelity National Information Services, Inc. reports developments in financial technology services for banks, financial institutions, businesses and developers. News commonly covers core banking and payments platforms, issuer processing, SaaS reconciliation through FIS Data Integrity Manager, asset servicing tools such as FIS Proxy Voting by Proxymity, and digital money products including Lyriq for tokenized deposits and digital currencies.
Company updates also include client selections, technology partnerships, AI agents for financial-crimes and AML workflows, quarterly results, outlook commentary, dividends, and the integration of completed portfolio actions such as the Issuer Solutions acquisition and Worldpay exit.
FIS (NYSE: FIS) has achieved the top position in the Everest Group Leading 50™ Core Banking Technology Providers 2024 ranking. The assessment evaluated providers based on revenue, customer base, module coverage, innovation, and client geographical coverage.
The company distinguished itself through its comprehensive suite of cloud-native core banking solutions, which can be customized for financial institutions of various sizes and types. FIS demonstrated strong capabilities in technology integrations and strategic partnerships, focusing on operational efficiency and innovation.
The recognition highlights FIS' commitment to delivering financial technologies that help institutions create seamless end-to-end experiences for consumers and businesses. The company maintains a particularly strong presence in North America and serves a significant portion of the credit union segment.
FIS (NYSE: FIS) has achieved significant recognition from Chartis Research across multiple categories in 2024, highlighting its leadership in trading and asset services solutions. The company secured the No. 1 position in the Chartis BuySide Platforms 2024 ranking, along with several award wins including Functionality: Front-to-Back/Cross-Asset, Investment Lifecycle categories, and Buy-Side Client Reporting.
The company earned additional distinctions as a Category Leader in both the KYC Solutions and Data Solutions 2024 report and the Credit Portfolio Management Solutions 2024 Quadrant Update. These accolades demonstrate FIS's comprehensive capabilities in serving global capital markets and its commitment to technological innovation in the financial ecosystem.
FIS CEO and President Stephanie Ferris has been named to CNBC's Changemakers list of 50 Women Transforming Business in 2025. As the first female CEO in FIS history, Ferris has been recognized for redefining industries, breaking barriers, and driving lasting change in the financial technology sector.
Under Ferris's leadership, FIS has implemented a bold transformation strategy that redefines how FIS technology enables the seamless movement of money. The company has delivered modern financial services technology, introduced AI-driven insights and embedded finance offerings, and rolled out next-generation payment capabilities to help businesses, banks, and developers unlock efficiencies and revenue opportunities.
The CNBC Changemakers list honors female leaders who are taking novel approaches to business problems, identifying new opportunities, and serving as role models who transcend gender barriers. Honorees will be recognized at the CNBC Changemakers Summit on April 8, 2025, in Los Angeles.
FIS (NYSE: FIS) has been named a Leader in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment. The recognition highlights FIS's GETPAID™ solution, which offers comprehensive accounts receivable automation with AI-powered features.
The IDC MarketScape report praised GETPAID's robust functionality and intelligent processes across the entire AR process. FIS, established in 1968, was recognized for its experienced team averaging 15+ years of expertise and its global presence. The company was also named as a Major Player in the IDC MarketScape: Worldwide Accounts Payable Automation Software for Large Enterprise 2024.
The company's Automated Finance suite aims to help corporate finance teams streamline operations, reduce manual inefficiencies, and improve visibility across the money lifecycle through automation and innovative technology.
FIS reported strong financial results for 2024, with full-year revenue increasing 3% on a GAAP basis and 4% on an adjusted basis to $10.1 billion. The company's GAAP Diluted EPS rose 67% to $1.42, while Adjusted EPS increased 56% to $5.22.
Key highlights include $4.0 billion in share repurchases during 2024, with plans to repurchase an additional $1.2 billion in 2025. The company successfully completed the Worldpay separation, retaining a 45% equity interest. FIS's Board approved an 11% increase in quarterly dividend to $0.40 per share.
Looking ahead to 2025, FIS projects accelerated revenue growth of 4.6% to 5.2%, adjusted EBITDA margin expansion of 40 to 45 basis points, and adjusted EPS growth of 9% to 11%. The company's Banking Solutions and Capital Market Solutions segments showed positive growth, with particularly strong performance in Capital Markets.
FIS (NYSE: FIS) has announced a strategic partnership with Affirm (NASDAQ: AFRM) to provide integrated pay-over-time capabilities to FIS debit issuing banking clients. Upon launch, FIS debit processing banks can integrate Affirm's solution into their digital banking and mobile app platforms, offering their customers flexible payment options including BNPL and monthly payment plans.
The program will allow eligible customers to access biweekly and monthly payment plans through existing debit card products, with potential access to merchant-funded financing offers including 0% APRs from Affirm's network of over 335,000 merchants. Affirm will handle underwriting and servicing responsibilities, while banks can offer these services directly through their banking channels.
This partnership aims to help banks meet growing consumer demand for payment flexibility while increasing customer engagement and accelerating growth. The collaboration enables financial institutions to provide pay-over-time solutions to millions of U.S. debit card holders.
FIS has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America. The company's products, including HORIZON and Integrated Banking Solutions (IBS), were positioned in the 'Leader' quadrant, while Modern Banking Platform was named in the 'Visionary' quadrant.
HORIZON received one of the highest customer experience ratings and demonstrated strong API marketplace capabilities. IBS earned top business functionality scores for enabling new business efficiencies and product support. Modern Banking Platform was recognized for its cloud architecture and secure integration capabilities.
The evaluation was based on 'Ability to Execute' and 'Completeness of Vision,' focusing on market traction, product strategies, and ability to meet banking market requirements.
FIS has received multiple accolades from Chartis Research for its lending and credit risk solutions. The company won the Lending Operations – LOS (Loan Origination Systems) category in the 2025 Chartis RiskTech100 ranking report for the second consecutive year. FIS was also positioned among industry leaders in two new Chartis report RiskTech Quadrants and received five 'Category Leader' designations in Chartis' 2024 Credit Lending Operations Report.
The recognition spans multiple FIS products, including Commercial Loan Origination, Enterprise Risk Suite, Commercial Lending Suite, and Loan Services. The company's success is attributed to its ability to manage entire lending life cycles and deliver solutions across the money life cycle, whether in deposit accounts, payments, or lending.
FIS has launched Revenue Insight, a new AI-powered predictive analytics solution designed to optimize collections and accounts receivable management. The patented solution, part of the FIS Automated Finance suite, helps businesses identify high-risk accounts and prioritize collection efforts across the money lifecycle.
The launch addresses critical market needs, as 81% of businesses report increased delayed payments, with 50% experiencing late payments from customers and 77% of AR teams falling behind on metrics. The solution integrates with FIS' GETPAID™ credit-to-cash platform, offering enhanced cash flow optimization and deeper portfolio risk insights.
Revenue Insight's applications span multiple sectors, including accounts receivables, financial institutions, supply chain financing, debt collectors, insurance premiums, and utilities. The solution aims to transform finance departments from cost centers into strategic growth partners by removing friction in money movement.
FIS has achieved certification for send capabilities in the Federal Reserve's FedNow® instant payment service, making it one of the first technology providers to enable this functionality. This certification completes FIS's support for the full payments lifecycle in FedNow, offering a comprehensive instant payments experience.
The enhancement allows FIS's financial institution clients to provide their customers with instant payment sending capabilities and real-time alerts, addressing the growing demand for faster digital payment services. According to Federal Reserve Financial Services research, while 74% of consumers used faster or instant payments in 2023, over 70% looked to their financial institutions to provide these services.
This development follows FIS's initial certification after FedNow's launch in July 2023, reinforcing the company's commitment to modernizing payment systems and improving customer experience in time-sensitive transactions like loan payments and rent.