Financial technology firm FIS said today it has completed its acquisition of Global Payments’ Issuer Solutions business, formerly known as TSYS, in a deal valued at $13.5 billion.…
Read more FIS closes Global Payments’ Issuer Solutions acquisitionFIS is continuing its investment in AI as it sees higher client retention rates and improving risk management. “We anticipated that AI would transform financial services, but the…
Read more AI aiding FIS in client retention, growthFIS has completed its acquisition of Chicago-based fintech Amount, marking a strategic expansion of its digital banking capabilities, according to a Sept. 24 announcement. Amount specializes in unified,…
Read more FIS acquires Amount to boost its digital banking solutionsFIS has completed its acquisition of Chicago-based fintech Amount, marking a strategic expansion of its digital banking capabilities, according to a Sept. 24 announcement. Amount specializes in unified,…
Read more FIS acquires Amount to boost its digital banking solutionsFIS has completed its acquisition of Chicago-based fintech Amount, marking a strategic expansion of its digital banking capabilities, according to a Sept. 24 announcement. Amount specializes in unified,…
Read more FIS acquires Amount to boost its digital banking solutions – FinAi NewsTechnology provider FIS ended the third quarter with the acquisition of payment systems company Dragonfly Financial Technologies, a move that will boost the company’s digital offerings. “Dragonfly complements…
Read more Transactions: FIS Q3 winsEverBank considers strong platforms and API-first integrations when selecting third-party vendors to modernize operations. “If we build good platforms that are API-first, we can plug in the…
Read more Inside look: EverBank’s technology strategy | Bank Automation NewsEverBank is selecting third-party vendors and updating manual processes throughout the bank, according to Lindsay Lawrence, executive vice president and chief operating officer. “We’re cramming about five…
Read more 5 questions with … EverBank COO Lindsay Lawrence | Bank Automation NewsKeyBank launched its virtual account management solution, Key Virtual Account Management, powered by payments platform Qolo, on May 7. Key Virtual Account Management (KeyVAM) is a modern core…
Read more KeyBank, Qolo launch virtual account management service | Bank Automation NewsFidelity Information Services is looking to the public cloud to scale operations and reduce costs. FIS has nearly 60% of its operations on public cloud, Chief Executive Stephanie…
Read more Inside look: FIS’ cloud strategy | Bank Automation NewsNEW YORK — Tech provider FIS debuted its embedded finance platform, Atelio, in its Investor Day presentation today as its tech leaders discussed growth strategies. Atelio allows…
Read more FIS launches embedded finance platform| Bank Automation NewsCertified service providers of the Federal Reserve’s FedNow network are looking to the cloud to streamline client onboarding and drive adoption of the payments rail. Tech provider FIS…
Read more FedNow providers onboard with cloud | Bank Automation NewsTechnology provider FIS is now certified to send and receive payments on the FedNow payments rail as demand for the rail grows. FIS has 215 clients in contract…
Read more FIS certified to send, receive payments on FedNow | Bank Automation NewsInstitutions approaching mergers and acquisitions must consider how to combine cultures, business models in addition to their tech stacks. Tech stack integration doesnât have to be the most…
Read more FIS leader talks M&A, tech integration | Bank Automation NewsU.S. Bank is using technology company Pagaya to leverage its AI-driven underwriting for personal loans to consumers. Â Pagayaâs AI-powered credit decisioning platform will conduct a secondary review…
Read more U.S. Bank taps Pagaya for AI underwriting | Bank Automation NewsCapital One announced its plans to acquire Riverwoods, Ill.-based Discover Financial Services and expects to spend $2.8 billion on integration costs, including tech conversion. âCapital One certainly has…
Read more Capital One, Discover integration could cost $2.8B | Bank Automation NewsEverBank, formerly TIAA Bank, is converting its consumer digital banking operations to FIS’ Digital One to kick off 2024. TIAA completed the sale of its subsidiary TIAA Bank…
Read more EverBank selects FIS’ Digital One | Bank Automation NewsPayments giant FIS saw dozens of bank customers looking to join FedNow as the adoption of real-time payments grew in the third quarter. “We are encouraged by the…
Read more FIS adds 74 banks to FedNow in Q3 | Bank Automation NewsThe Federal Reserve is looking to fintechs to drive the adoption of FedNow across financial institutions. With FedNow aiming to reach ubiquity in the United States, “we don’t…
Read more Fintechs to drive FedNow adoption | Bank Automation NewsTech provider FIS met client needs for technology, digital engagement and efficiency in the second quarter as its digital payments offerings expanded with business-to-business, FedNow, account-to-account and real-time…
Read more FIS enhances digital offerings in Q2 | Bank Automation News
