As Cryptocurrency Use Grows, Worldpay from FIS Helps Crypto Brokers and Exchanges with New Chargeback Indemnification Service from Forter
Jun03

As Cryptocurrency Use Grows, Worldpay from FIS Helps Crypto Brokers and Exchanges with New Chargeback Indemnification Service from Forter

FIS™, a global leader in financial services technology, today announced Fraud Freedom, a new chargeback indemnification service designed for cryptocurrency brokers and exchanges. Worldpay’s Fraud Freedom service helps crypto brokers and exchanges optimise payment conversion and authorisation rates while providing indemnification from Forter, the leading eCommerce fraud prevention provider. The cryptocurrency market continues to grow...

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German Banking Leader KfW Teams with FIS to Transform Risk Management Operation
May28

German Banking Leader KfW Teams with FIS to Transform Risk Management Operation

Financial technology leader FIS announced today that KfW, one of the largest banks in Germany, has successfully completed a multi-year project to transform its risk management operations using advanced technology from FIS. With more than EUR 508 billion in assets, state-owned KfW is one of the world’s leading development banks. KfW had been using different systems to report and manage market and liquidity risk. With the aim of...

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FIS Delivers “EPIC” Productivity and Automation Tools for Managing a Remote Workforce
May27

FIS Delivers “EPIC” Productivity and Automation Tools for Managing a Remote Workforce

Financial technology leader FIS™ today announced Enterprise Productivity, Intelligence & Compliance (EPIC™), a modular, desktop-based solution that helps financial institutions and businesses enhance the efficiency of their global operations while managing an increasingly remote workforce. The COVID-19 crisis has created a host of operational challenges for organizations, requiring them to modify their business plans and invest in...

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Worldpay from FIS Enables One-Click Google Pay Integration for Merchants
May05

Worldpay from FIS Enables One-Click Google Pay Integration for Merchants

 FIS™, a global leader in financial services technology, today announced the addition of Google Pay to its Hosted Payment Page (HPP) product for online merchants. Because Worldpay from FIS has made the technical integration within their HPP offering, merchants can simply “turn on” Google Pay to enable express online checkouts. As consumers worldwide increasingly turn to shopping online during the COVID-19 pandemic, merchants who adopt...

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Bambu Taps Next-Generation FIS Platform to Bring Mobile-Only Banking Services to Unbanked Consumers
Apr30

Bambu Taps Next-Generation FIS Platform to Bring Mobile-Only Banking Services to Unbanked Consumers

Neobank startup Bambu chooses FIS’ next-generation core banking platform to launch mobile-only solution for the unbanked and underbanked in the U.S. FIS Modern Banking Platform’s cloud-native, modular architecture positions Bambu to bring new products to market quickly while supporting future growth. FIS™, a global leader in financial services technology, announced today that fintech startup Bambu has selected FIS’ next-generation...

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FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments
Apr30

FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments

FIS targets to invest $150 million over the next three years in promising fintech startups. The venture investment deepens FIS’ commitment to be at the forefront of innovative technologies that help its clients accelerate digital transformation and emerge stronger from the current pandemic. Recently announced funding in African fintech startup Flutterwave marks the first such investment. Financial technology leader FIS™ announced...

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FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments
Apr28

FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments

FIS targets to invest $150 million over the next three years in promising fintech startups. The venture investment deepens FIS’ commitment to be at the forefront of innovative technologies that help its clients accelerate digital transformation and emerge stronger from the current pandemic. Recently announced funding in African fintech startup Flutterwave marks the first such investment. Financial technology leader FIS™ announced...

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FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments
Apr28

FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments

FIS targets to invest $150 million over the next three years in promising fintech startups. The venture investment deepens FIS’ commitment to be at the forefront of innovative technologies that help its clients accelerate digital transformation and emerge stronger from the current pandemic. Recently announced funding in African fintech startup Flutterwave marks the first such investment. Financial technology leader FIS™ (NYSE: FIS)...

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FIS enables secure seamless online payments with new Worldpay 3DS Flex Solution
Mar05

FIS enables secure seamless online payments with new Worldpay 3DS Flex Solution

As merchants prepare for new regulatory requirements to employ Strong Customer Authentication (SCA) by December 31, 2020 in the European Economic Area and by March 14, 2021 in UK, FIS™ (NYSE: FIS), a global leader in financial services technology, launches its new 3D Secure (3DS) authentication service, 3DS Flex. The new solution from FIS’ recently acquired Worldpay merchant business helps global eCommerce retailers and merchants...

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Opel Bank in Germany Becomes First European Bank to Choose FIS Modern Banking Platform
Feb18

Opel Bank in Germany Becomes First European Bank to Choose FIS Modern Banking Platform

FIS announced today that Opel Bank in Germany has chosen its next-generation core banking system, FIS Modern Banking Platform, to power its online bank. Opel Bank is the first European-based bank to choose the new platform since its introduction in January. Opel Bank serves more than 40,000 deposit customers primarily through online channels without the need to maintain an expensive branch network. The bank was looking to replace its...

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Wedbush Futures Selects FIS Derivatives Utility
Jan09

Wedbush Futures Selects FIS Derivatives Utility

Wedbush Futures has selected the FIS™ Derivatives Utility to support clearing operations processing and manage the technology for its exchange traded derivatives (ETD) business. Wedbush Futures joins Barclays and Credit Suisse as clients of the FIS Derivatives Utility, a managed service that provides derivatives clearing operations and technology services for capital markets firms, based on industry leading FIS post-trade technology....

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FIS and Citi Enable Real-time Payments for Corporate Treasury Customers
Oct17

FIS and Citi Enable Real-time Payments for Corporate Treasury Customers

FIS™ and Citi Treasury and Trade Solutions announced that they are collaborating to enable real-time payments and cash management for their corporate treasury customers. Using the CitiConnect® application programming interfaces (APIs), FIS has connected its Trax corporate payments factory to the suite of Citi Treasury and Trade Solutions – enabling seamless integration with Citi’s core treasury management functionality, including...

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FIS and Equifax Unveil OnlyID
Aug23

FIS and Equifax Unveil OnlyID

FIS and global information solutions company Equifax® have teamed up to improve consumer experiences by bringing new levels of convenience and security to consumers challenged with maintaining multiple usernames and passwords to protect themselves from financial fraud and identity theft. The two companies jointly offer OnlyID, an identity verification solution that provides a higher level of account protection and personal control...

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Will Banks Lose their Monopoly to Fintechs?
Jul14

Will Banks Lose their Monopoly to Fintechs?

With PSD2 and Open Banking coming into play, the call for banks to reinvent their business models has never been more urgent, says Paul Bowen, Banking Lead, Avanade Europe In 1994, Bill Gates famously and controversially predicted that banks would be dethroned and displaced as technology propelled the world forward. “Banking is necessary. Banks are not”, he declared provocatively. But as the Second Payment Services Directive (PSD2)...

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Financial Leaders Say They Lack Tech Capabilities to Drive Growth
Jun27

Financial Leaders Say They Lack Tech Capabilities to Drive Growth

New research released today from FIS reveals that only a quarter (25%) of senior executives at global financial institutions believe they have the technology capability to support their firms’ growth ambitions. The FIS study also reveals a “tech-readiness dividend” for financial services investing in technology. Firms with the strongest performance in key operational growth areas such as automation, data management, emerging...

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FIS Powers Mirae Asset Securities’ Entrance into U.S. Financial Markets
Feb06

FIS Powers Mirae Asset Securities’ Entrance into U.S. Financial Markets

The U.S. subsidiary of Mirae Asset Financial Group has selected FIS  as its technology partner as it enters the prime brokerage, global securities lending, repo, delta one and correspondent clearing businesses in the United States. FIS’ Securities360 solution will serve as the infrastructure to power Mirae Asset Securities (USA) current business operations as well as its future growth plans. Securities360 is a complete and integrated...

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Verifone and FIS to Enable Consumers to Pay with Loyalty Points
Jan11

Verifone and FIS to Enable Consumers to Pay with Loyalty Points

Shoppers Experience the Ease and Convenience of Paying with Points on Verifone Devices With the goal to increase the value and usability of loyalty points, Verifone  and FIS  announced a collaboration to enable consumers to pay with loyalty points linked to their credit or debit cards at the point-of-sale (POS). Verifone developed a new application called Verifone Points Redemption which connects to the FIS Premium Payback Network to...

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FIS Embeds Financial Institutions in Digital Payments with PayPal Partnership
Dec16

FIS Embeds Financial Institutions in Digital Payments with PayPal Partnership

FIS and PayPal have partnered to increase customer engagement and drive incremental digital spend with FIS’ banking partners. Together, the companies will make it easy for consumers who bank with FIS clients to link a payment card or other financial account to a new or existing PayPal account, and simply display the financial institution’s brand within PayPal. The partnership also will allow those financial institution customers to...

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FIS Driving Faster Payments Innovation with Raphaels Bank
Oct26

FIS Driving Faster Payments Innovation with Raphaels Bank

Raphaels Bank to sponsor faster payments access for challenger banks and payments service providerFIS has been selected by Raphaels Bank, one of the UK’s oldest independent banks and a leader in payments innovation, to use the FIS Reconciliation Solution to help extend access to faster payments. Earlier this year, Raphaels Bank became the first new member of the Faster Payments Scheme (FPS) since its inception in 2008, stating its aim...

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Sibos 2016: Warren Gardiner from FIS
Sep27

Sibos 2016: Warren Gardiner from FIS

Warren Gardiner from FIS speaks to us at Sibos, Geneva.

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Sibos 2016: Richard Chapman from FIS
Sep27

Sibos 2016: Richard Chapman from FIS

Richard Chapman from FIS talks to us at Sibos, Geneva.

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Making Open & Instant Payments a Reality Worldwide: FIS Successes Cross Borders
Sep27

Making Open & Instant Payments a Reality Worldwide: FIS Successes Cross Borders

Worldwide, people make more than $1.7 trillion in non-cash payments every year. Making those payments as instant and open as cash is a top priority for FIS, a global leader in financial services technology and, it has made great headway toward such a goal by putting payments solutions in place around the world. FIS’ Open Payment Framework (OPF) and the applications derived from this state-of-the-art technology are built to enable...

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