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Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services.FIS is most known for its development of Financial Technology, or FinTech, and as of Q2 2024 it offers its solutions in two primary segments: Banking Solutions & Capital Market Solutions.
According to a new global payments report by FIS, the fintech company also known as WorldPay, the use of mobile, or digital, wallets exceeded the use of cash for the first time in in-store ...
On July 1, 2018, Worldpay Inc. acquired Pazien, a US payments data platform startup that Worldpay Group plc first invested in on May 14, 2014. [25] In March 2019, Fidelity National Information Services, Inc. (FIS), announced a $43 billion deal to buy Worldpay, reported as the biggest deal ever in the international payments sector. [26]
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In February 2023, in the wake of pressure from activist investors, FIS announced it would spin off its merchant business that consisted of Worldpay in the next 12 months. [23] In July, private equity firm GTCR agreed to acquire a 55 per cent stake in WorldPay from FIS for $11.7 billion, valuing WorldPay at $18.5 billion. [24]
Fiserv, Inc. (/ f aɪ ˈ s ɜːr v / fy-SURV) is an American multinational company headquartered in Milwaukee, Wisconsin. Fiserv provides financial technology and services to clients across the financial services sector, including banks, thrifts , credit unions , securities broker dealers, mortgage , insurance, leasing and finance companies ...
In 2001, SunGard acquired Comdisco Inc.’s computer disaster-recovery business after a U.S. appeals court rebuffed a request by the Justice Department to halt the $825 million transaction. [ 10 ] In 2004, SunGard acquired Systems & Computer Technology Corp. (SCT) for $590 million in cash.
Encash Network Services, or ENS, is an independent switch network in the Philippines. It initially connected the ATMs of four rural banks. It initially connected the ATMs of four rural banks. In its 30 months of operation as of May 2010, this network eventually expanded to more than 101 ATMs, targeting all rural banks and cooperatives.
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