fbpx

Fidelity National Information Services

FIS is a global leader in financial services technology.

Summary

Fidelity National Information Services, Inc. (or FIS) is an American company on the Fortune 500 list which offers an array of financial products & services including; financial software development & support, business process outsourcing for back office banking operations & contact centers, merchant support via POS technology & digital channels for local small businesses to global enterprises.

History

For over 50 years, FIS has continued to drive growth for clients around the world by creating tomorrow’s technology, solutions and services to modernize today’s businesses and customer experiences. By connecting merchants, banks and capital markets, we use our scale, apply our deep expertise and data-driven insights, innovate with purpose to solve for our clients’ future, and deliver experiences that are more simple, seamless and secure to advance the way the world pays, banks and invests.

Headquartered in Jacksonville, Florida, FIS employs more than 55,000 people across 50+ countries, dedicated to helping our clients be ahead of what’s next. FIS offers more than 450 solutions and processes over $75b of transactions around the planet. FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.

For a better understanding of how FIS evolved into a world-renowned financial services technology leader, one needs to look back at the company’s history.

The company was founded in 1968 as Systematics™, which was later acquired by ALLTEL Information Services, and then bought by title insurance giant Fidelity National Financial® in 2003, who renamed it Fidelity Information Services (FIS). Over the course of the next few years, FIS acquired several other financial technology firms, including Certegy® in 2006, eFunds® in 2007 and Metavante® in 2009.

These acquisitions broadened its reach across the globe, earned FIS a place on the Fortune 500 listing, and positioned the company as the largest technology provider to the global financial industry.

In 2015, FIS acquired SunGard, whose complementary offerings brought FIS into new markets for financial technology services, including asset managers, traders, custodians, treasurers, third-party administrators and clearing agents.

In Q3 2019, FIS acquired Worldpay, a global leader in e-commerce and payments, greatly expanding FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increasing Worldpay’s distribution footprint.

Mission

Our mission is to deliver superior solutions and services to our clients, which will result in sustained revenue and earnings growth for our shareholders.

References

https://www.fisglobal.com/

https://en.wikipedia.org/wiki/FIS_(company)

https://www.comparably.com/companies/fis/mission

https://www.crunchbase.com/organization/fis