Fidelity National Information Services (FIS) is a leading provider of financial technology solutions and services, including payment processing, banking software, and risk management services. The company was founded in 1968 as Systematics Inc. and is based in Jacksonville, Florida. Today, FIS has more than 55,000 employees and serves clients in more than 130 countries.
FIS provides a wide range of financial technology solutions for various industries, including banking, capital markets, wealth management, and insurance. Its offerings include digital banking and payment services, core banking systems, risk management and compliance solutions, and fraud prevention tools. The company also provides consulting and professional services to help clients optimize their operations and improve their customer experience.
In 2003, FIS went public on the New York Stock Exchange (NYSE) under the ticker symbol FIS. Since then, the company has grown both organically and through acquisitions. Notably, in 2019, FIS completed a merger with Worldpay, a leading provider of payment processing solutions. The merger created a global leader in payments and financial technology with more than $12 billion in revenue.
Today, FIS continues to expand its offerings and capabilities through strategic partnerships and acquisitions. In 2021, the company announced plans to acquire payment technology provider, Pineapple Payments, as part of its strategy to enhance its payment processing capabilities. FIS also partners with leading technology providers to deliver innovative solutions to its clients, such as its partnership with IBM to provide cloud-based financial services solutions.