FIS Global

267 results about this entity

Period: 27 Mar 2007 - 08 May 2024

US Bank unveils contactless payment and medi-care wristband

US Bank is launching a wristband that lets users make contactless payments and store emergency contact and medical information.

FIS confirms cash offer for Misys

US fintech house FIS has confirmed that it is the mystery suitor behind a preliminary takeover approach for Misys.

O2 contracts suppliers for mobile wallet launch

UK wireless carrier O2 has contracted with Wave Crest, FIS, Intelligent Environments and Visa Europe to deliver the payments and processing systems for the launch of a full-scale commercial mobile wallet service in the 'second half of 2011'.

FIS buys Gifts Software

FIS has acquired Gifts Software, a provider of funds transfer, cash management and anti-money laundering (AML) technology. Financial terms of the deal were not disclosed.

FIS agrees Capco acquisition

Financial software house FIS has signed a definitive agreement to buy consultancy Capco in a deal worth at least $292 million.

Buffett bets on fintech future with $220 million Fiserv stake

Warren Buffett's Berkshire Hathaway has placed a $220 million bet on the prospects of a rosy future for banking technology firms by snapping up 4.4 million share in US financial processing firm Fiserv.

FIS looks to recapitalisation deal after PE firms drop bid

The consortium of private equity firms circling financial software house FIS have dropped their proposed $15 billion bid for the firm. FIS has issued a statement saying it is instead looking into a proposed leveraged buyout as well as leveraged recapitalisation with a share repurchase.

PE firms eye buy-out of Fidelity National Information Services

Three big private equity firms are cooking up an $11 billion buy out of transaction processing outfit Fidelity National Information Services (FIS) in a sign that the market appetite for large leveraged deal-making is returning.

P2P payments gains support among US online bankers - survey

Nearly half of Americans that bank online are interested in using electronic person-to-person payments, according to research sponsored by Fis, PayPal and Nacha.

Community banks ready for mobile push - survey

Just a quarter of US community banks currently offer mobile services but this is set to increase sharply over the next 18 months, according to a survey from Banc Investment Group.

Citi half-way to $3 billion tech savings goal; plans to centralise US core banking

US banking giant Citi has cut $1.42 billion from its operations and technology budget at the mid-way stage of a three-year campaign to eliminate $3 billion in tech spending.

Firstsource stakeholders look to sell up - Reuters

ICICI Bank, US technology group Metavante and Singapore state investor Temasek have revived plans to sell their stakes in Indian BPO venture Firstsource, according to Reuters.

Temenos and Metavante resolve core banking dispute

Swiss core banking supplier Temenos has settled a dispute with Metavante over a joint US marketing pact that was thrown into confusion by the proposed $2.94 billion takeover of the US vendor by Fidelity National Information Systems.

Cash management market to buck bank IT spending downturn

Bank spending on cash management technology is set to grow by 7.1% in 2010, escaping IT budget restraints elsewhere in the industry, according to research from Boston-based analyst house Celent.

Fidelity to offer Western Union money transfer services to bank customers

Fidelity National Information Services (FIS) is to offer Western Union global money transfer services to its 8500 banking institution clients throughout the United States.

New Polish bank Alior deploys FIS core processing system

Alior, a Polish bank launched last year, has rolled out core processing technology from Fidelity National Information Services (FIS) across more than 100 branches.

Fundtech and Metavante lead Finextra50 higher on M&A news

The Finextra50 Financial Technology Index closed 7% higher last week to 64.13, as separate acquisition news from Fundtech and Metavante saw their share prices increase substantially, with these firms leading the gainers in a generally positive week for markets worldwide.

Fidelity National agrees $2.94bn deal to buy Metavante

Fidelity National Information Services (FIS) has agreed an all stock deal worth around $2.94 billion to buy Metavante Technologies, creating the world's largest provider of integrated payment and financial processing services.

National Bank of Pakistan selects FIS core processing system

National Bank of Pakistan (NBP) has signed for core processing technology from Fidelity National Information Services (FIS).

Monitise Americas signs 23 to m-banking technology

Monitise Americas says another 23 US financial institutions, including community banks, credit unions and pre-paid providers, have signed up for its mobile banking services.