Latest news with #FIS®
Business Wire
7 days ago
- Business
- Business Wire
FIS to Report Second Quarter Earnings on August 5, 2025
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS ® (NYSE: FIS), a global leader in financial services technology, will announce second quarter 2025 financial results on Tues., August 5, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, A replay will be available after the conclusion of the live webcast. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 ® and the Standard & Poor's 500 ® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X.
The Wire
10-07-2025
- Business
- The Wire
FIS Unveils InnovateIN48 Champions as Technologists Push the Boundaries of AI
Key facts • InnovateIN48, FIS' flagship innovation competition challenged its technologists to "Transform Fintech Through the Power of AI" • Now in its 12th year, nearly 2,000 developers and engineers across 438 teams from 15 countries participated in the event, demonstrating the global scale of enterprise AI talent development at FIS. • Hosted in Bengaluru, India, the competition highlighted FIS' commitment to nurturing talent and advancing the future of fintech that supports the world's Money Lifecycle. JACKSONVILLE, Fla. and BENGALURU, India, July 10, 2025 /PRNewswire/ -- Global financial technology leader FIS® (NYSE: FIS), has announced the winners of its 12th annual InnovateIN48 innovation competition, with competitors pushing the boundaries of AI to help solve operational challenges faced by today's businesses. The competition comes at a crucial time, with many businesses now making significant investments in AI and automation technologies. New research from FIS' landmark report, 'The Harmony Gap: Finding the Financial Upside in Uncertainty', found that 55% of companies are investing in innovative solutions such as generative AI and machine learning to help meet their strategic objectives, while 78% of organizations that have already integrated AI reported measurable improvements in fraud detection and risk management. However, 73% cited the high cost of implementation and maintenance as an obstacle to their firm's adoption of AI and automation, as well as struggling with a lack of in-house expertise (64%). To help address the expertise gap, InnovateIN48 competitors developed early-stage prototypes and conceptual AI frameworks, pushing the boundaries of how AI can help organisations accomplish their strategic goals. These included automated code vulnerability detection, intelligent regulatory compliance checking and AI-powered treasury operations. The winners were team Latent Space, who developed a solution that helps confirm that software projects follow important internal and external AI guidelines, with the solution's potential to improve AI compliance impressing judges. Ramkumar Narayanan, Head of FIS India and Philippines Technology and Services Organization said, "This year's InnovateIN48 focused on showcasing innovative use cases for employing AI to solve real-world business issues. While AI as a technology is transformational, the knowledge of how to use AI is a fundamental component of a firm's success. We're working to develop the in-house talent that the fintech industry needs to realize AI's potential while fostering innovative thinking that could lead to breakthrough solutions." About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
Finextra
27-06-2025
- Business
- Finextra
FIS and Visa target regional and community banks
FIS® (NYSE: FIS), a global leader in financial technology, announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey access to new payments capabilities. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Regional and community banks that join FIS' technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers and reduce fraud losses. By expanding its already strong strategic relationship with Visa, FIS is lowering the barriers to entry for capabilities that can help small and midsize institutions grow and better compete with the payment offerings provided by larger issuers. The new capabilities that amplify money in motion include: Stop payment services: Enables cardholders and call centers to halt recurring payments to merchants, empowering cardholders to better own their spending and helping reduce call center burden for issuers that may have limited infrastructure. Digital campaign manager: Enables financial institutions to employ new marketing channels – like augmented reality events and other digital experiences – in customizable campaigns to supercharge customer acquisition, engagement and brand awareness. Wallet link: Pushes an issuer's branded digital card to the customer's digital wallet without the need for manual app download, helping issuers to stay top-of-wallet and limit lost revenue, while simultaneously making it easier to innovate the customer's payment experience with less friction. E-commerce fraud mitigation: Offers an integrated solution designed to give issuers increased e-commerce transaction approval rates and help eliminate the financial liability of chargebacks due to fraudulent purchases. 'According to Experian, the average American holds nearly four credit cards, highlighting the need for issuers to have efficient systems to stay competitive,' said Chris Como, head of Cards and Money Movement at FIS. 'However, without the requisite infrastructure and resources, smaller financial institutions can struggle to meet this need. By integrating Visa's advanced solutions into the FIS ecosystem, we are helping to level the technological playing field for those providers, illustrating our commitment to unlocking financial technology to the world.' The announcement comes on the heels of other strategic industry partnerships from FIS, illustrating how the company utilizes such agreements to keep innovating across the entire money lifecycle. Recent examples include joint ventures with Oracle, Fulham Football Club, and PwC. In 2025, FIS also made Affirm its integrated pay-over-time provider for debit issuers, enabling its banking clients to integrate the solution into their existing debit programs and give their end-customers the ability to easily manage their finances in a single place. 'Our collaboration with FIS is making it easier for financial institutions of all sizes to compete more effectively by offering solutions that drive growth and enhance customer retention,' said Kathleen Pierce-Gilmore, senior vice president and global head of Visa Issuing Solutions. 'We partner to provide banks with more accessible tools from fraud prevention to cutting-edge digital experiences for their customers.'
Business Wire
26-06-2025
- Business
- Business Wire
FIS and Visa Deepen Their Relationship to Provide Regional and Community Banks With Easier Access to Powerful Payments Capabilities
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS ® (NYSE: FIS), a global leader in financial technology, today announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey access to new payments capabilities. Regional and community banks that join FIS' technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers and reduce fraud losses. By expanding its already strong strategic relationship with Visa, FIS is lowering the barriers to entry for capabilities that can help small and midsize institutions grow and better compete with the payment offerings provided by larger issuers. The new capabilities that amplify money in motion include: Stop payment services: Enables cardholders and call centers to halt recurring payments to merchants, empowering cardholders to better own their spending and helping reduce call center burden for issuers that may have limited infrastructure. Digital campaign manager: Enables financial institutions to employ new marketing channels – like augmented reality events and other digital experiences – in customizable campaigns to supercharge customer acquisition, engagement and brand awareness. Wallet link: Pushes an issuer's branded digital card to the customer's digital wallet without the need for manual app download, helping issuers to stay top-of-wallet and limit lost revenue, while simultaneously making it easier to innovate the customer's payment experience with less friction. E-commerce fraud mitigation: Offers an integrated solution designed to give issuers increased e-commerce transaction approval rates and help eliminate the financial liability of chargebacks due to fraudulent purchases. 'According to Experian, the average American holds nearly four credit cards, highlighting the need for issuers to have efficient systems to stay competitive,' said Chris Como, head of Cards and Money Movement at FIS. 'However, without the requisite infrastructure and resources, smaller financial institutions can struggle to meet this need. By integrating Visa's advanced solutions into the FIS ecosystem, we are helping to level the technological playing field for those providers, illustrating our commitment to unlocking financial technology to the world.' The announcement comes on the heels of other strategic industry partnerships from FIS, illustrating how the company utilizes such agreements to keep innovating across the entire money lifecycle. Recent examples include joint ventures with Oracle, Fulham Football Club, and PwC. In 2025, FIS also made Affirm its integrated pay-over-time provider for debit issuers, enabling its banking clients to integrate the solution into their existing debit programs and give their end-customers the ability to easily manage their finances in a single place. 'Our collaboration with FIS is making it easier for financial institutions of all sizes to compete more effectively by offering solutions that drive growth and enhance customer retention," said Kathleen Pierce-Gilmore, senior vice president and global head of Visa Issuing Solutions. "We partner to provide banks with more accessible tools from fraud prevention to cutting-edge digital experiences for their customers." Access to all products listed above is anticipated to be available to FIS client issuers within 2025. To learn more about these solutions, please contact FIS Sales at To learn more about the full breadth of the FIS payments ecosystem, please visit us at FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X.
Yahoo
27-05-2025
- Business
- Yahoo
FIS Triumphs with Two WatersTechnology Asia Award Wins
Key facts: FIS has won in multiple categories at the 2025 WatersTechnology Asia Awards. FIS Climate Risk Financial Modeler won best Environmental, Social and Governance (ESG) Data Provider. FIS Post Trade Processing Platform won Best Reconciliation Platform. JACKSONVILLE, Fla., May 27, 2025--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has been named as a winner in multiple categories at the 2025 WatersTechnology Asia Awards. FIS was named best ESG Data Provider for its FIS Climate Risk Financial Modeler and Best Reconciliation Platform for its FIS Post Trade Processing Platform. The WatersTechnology Asia Awards recognize excellence in the deployment and management of financial information and technology within Asia's capital markets community. FIS Climate Risk Financial Modeler was named best ESG Data Provider for helping clients assess potential future cashflows impaired by physical climate change and aiding the creation of risk management strategies. FIS' powerful risk modeling and financial analytics help to unlock climate risk insights which can help model and mitigate risk exposure. The solution harmonizes client data with third-party climate data and is hosted on an interface that is directly tailored to the risk management needs of corporates and financial institutions—ultimately driving more proactive foresight into potential climate-related risks. Meanwhile, FIS Post Trade Processing Platform won Best Reconciliation Platform for its exception management, interfaces to widely-used matching engines, and automatic reconciliation of a range of instruments (including equities, fixed income, exchange-traded and OTC derivatives and digital assets). The cloud-based SaaS platform helps to streamline workflows, combining middle-office, accounting, settlement, securities lending, corporate actions, collateral management, and treasury all on one powerful integrated platform, allowing businesses to supercharge their post-trade operations to make money work harder. Nasser Khodri, Head of Capital Markets at FIS said: "Achieving recognition through these awards is a testament to our commitment to help our clients navigate the ever-changing landscape across global markets and unlock financial technology to the world. We're committed to creating end to end experiences for our clients in APAC through our solutions and helping to bring harmony to the money lifecycle across the globe." About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. View source version on Contacts For More Information Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
