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.
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FIS will announce its third quarter 2020 financial results on October 29, 2020, before the market opens. A live webcast for the earnings conference call will begin at 9:00 a.m. EST on the same day and will be available for replay afterwards. FIS, a leader in financial services technology, is dedicated to enhancing how the world pays, banks, and invests. The company operates globally with over 55,000 employees, utilizing data-driven insights to deliver superior customer experiences.
New research by FIS reveals a significant acceleration in the adoption of real-time payments amid the COVID-19 pandemic. Key findings from the 2020 Flavors of Fast report show remarkable growth in real-time payment transactions globally, with countries like Bahrain and Ghana seeing increases over 400%. The US has over 130 financial institutions implementing such systems, reflecting a five-fold growth since 2019. Additionally, the report indicates a shift towards broader capabilities beyond instant payments, including cross-border transactions and business payments.