About the Company
Fidelity National Information Services, Inc. was founded as Systematics in 1968, subsequently acquired by ALLTEL Information Services and bought by Fidelity National Financial in 2003. Post-acquisition it was renamed as Fidelity Information Services (FIS).
This American company made it to the Fortune 500 by extending multiple financial products and services. FIS has its headquarters in Jacksonville, Florida and employs around 55000 individuals across the globe. The company has a client base of more than 20,000 in over 130 countries.
Fidelity Information Services is a part of the S&P 500 Index. The company is listed in the New York Stock Exchange under the ticker sign 'FIS'. The company holds a portfolio of products directed towards the financial service sector inclusive of investment banking and retail.
FIS has created a niche in the FinTech segment, and since Q2 2020, it is offering solutions under three major categories - Banking Solutions, Capital Solutions and Merchant Solutions. The company extends services like electronic banking, credit card and debit card processing, merchant card processing, cheque to encash and risk management services to merchants and financial institutions. It also offers software and outsourcing of the technology that proves beneficial for the financial sector in general.
Every year, Fidelity Information Services processes at least 75 billion transactions in the service sector to over 20,000 clients, thus facilitating a movement of approximately $9 trillion.
Fidelity Information Services bagged the second place in the FinTech Forward 2016 rankings. Among its latest acquisition feats, the company acquired Wordpay in the Q3 2019. Wordpay is a leading name in the field of e-commerce and payments. Post-acquisition, FIS became the world's largest payment and processing company and had $12 billion in pro forma revenue.
Besides Wordpay, the other noteworthy subsidiaries of FIS include - ChexSystem, EFD, Clear2pay, Virtus Partner LLC, Certegy and Platform Securities. Collectively, the FIS group became a world leader in the segment of tech-based financial services. To make any investment, one must be aware of the company details they are investing in. This page has all the important details and parameters including the updated FIS share prices and market statistics of the same to ease your investment journey.;
Organisation | Fidelity National Information Services |
Industry | Information Technology Services |
HeadQuarters | Jacksonville, FL |