Latest FIS Global News: Finextra Research

FIS to cut thousands of jobs - Bloomberg

Fintech giant FIS is planning to axe several thousand jobs as incoming CEO Stephanie Ferris seeks to cut hundreds of millions of dollars in costs, according to Bloomberg.

23 November 2022

/payments

FIS targets central banks with real-time payments and CBDC tech

Fintech giant FIS has launched an infrastructure offering to help central banks make the move to real-time payments and CBDCs.

29 August 2022

/retail

Westpac and FIS invest in conversational AI firm Kasisto

Conversational AI chatbot developer Kasisto has raised $15.5 million in a Series C extension led by its client Westpac and fintech giant FIS.

22 August 2022

/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

29 June 2021

/crypto

FIS partners NYDIG to help banks let customers buy bitcoin

Fintech giant FIS has invested in cryptocurrency technology firm NYDIG as part of a wider deal that sees the pair offer banks the ability to let their customers buy, sell and hold bitcoin.

06 May 2021

/payments

FIS Ventures invests in Modulr

FIS ventures has invested in UK payments-as-a-service platform Modulr.

13 April 2021

/crypto

Quontic Bank launches Bitcoin rewards checking account

Digital banking outfit Quontic has become the first FDIC-insured financial institution in the US to launch a Bitcoin rewards debit card.

15 December 2020

/payments

EBAday 2020: Banks’ plumbing still needs work before ISO 20022 migration

Diving into the ‘Unlocking customer value through ISO 20022’ session on day three of EBAday 2020, Guy Moons, head of enterprise payments solution, FIS, believes that the migration toward ISO is as revolutionary to the economy as going from a black and white television to a smart TV.

26 November 2020

/cloud

FIS to provide tech backbone for US neobank Bambu

FIS has won a contract to provide the core tech architecture for US neobank Bambu.

01 May 2020

/startups

FIS sets up $150 million fintech venture fund

Financial technology company FIS has set up a venture arm with a goal of investing up to $150 million in promising fintech startups over the next three years.

28 April 2020

/retail

Volt Bank contracts with FIS

Volt Bank, the first of a wave of new digital challengers to be granted a full banking licence in Autralia, is putting the finishing touches to its technology stack, contracting with FIS for a raft of mobile, card processing, risk and treasury management software.

24 July 2019

/payments

Visa partners FIS to push DLT-based platform for international corporate payments

Visa's distributed ledger-based, non-card platform for high-value corporate, cross-border payments will now be offered to FIS client bank.

25 April 2019

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