The transaction brings new corporate payment solutions and services, inclusive of high-value and cross-currency corporate payments, payments managed services, and payments processing utilities that will further bolster FIS’ payments portfolio across all geographies.

“This acquisition is another example of FIS’ commitment to delivering a truly modern payments environment to our clients, particularly large and global financial institutions,” said Gary Norcross, president and chief operating officer, FIS. “With this acquisition, we further expand the technologies and assets that our clients need to simplify payment operations, reduce costs and provide better customer experiences.”