Fidelity National Information Services Stock News

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has been recognized by IDC, a leading global market intelligence firm, for its outstanding customer satisfaction (CSAT) in treasury management. This accolade is the company's fourth award win in 2024 for excellence in treasury management. IDC's SaaS CSAT Awards Program recognizes the leading software-as-a-s...

FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky News reported, citing unnamed sources.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, has announced today that its community banking core banking platform HORIZON has been recognized by Celent in its annual XCelent Awards program. The solution won the Advanced Technology category, a testament to how FIS drives deposit growth and wallet share for its clients through core platforms of u...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) proudly announced today the recognition of its latest cohort at the 2024 FIS Fintech Accelerator Innovation Day. Nine growth-stage fintech companies presented their technology at FIS' Innovation Center as part of the event on November 13 to an audience of partners and banking clients, showcasing innovative ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, will present on Wednesday, Dec. 4, 2024, at the UBS Global Technology and AI Conference at 11:35 a.m. (MST). A live audio webcast, as well as a replay, will be accessible on the Investor Relations section of FIS' homepage, www.fisglobal.com. About FIS FIS is a financial technology company providing s...

FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud Infrastructure, will allow Oracle — which manages billions of utility customer bills each year — to roll out electronic bill delivery.

After years of underperformance, FIS has become one of the best-performing stocks within its peer group. Unfortunately, however, this trend is unlikely to continue as the stock is now priced more in line with fundamentals. Revenue growth remains sluggish and the opportunity for further margin improvements is now limited.

Fidelity National Information Services shares have gained 66% over the past year due to business simplification, but are now trading at fair value. Q3 earnings beat expectations with $1.40 EPS and $2.6 billion revenue, driven by recurring revenue growth and cost controls. FIS returned $700 million to shareholders in Q3, including $500 million in buybacks, and reduced debt significantly from $18...