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Fidelity National Information Services, Inc. (FIS) is a global leader at the heart of commerce and financial transactions, powering the world's economy. With a mission to advance the way the world pays, banks, and invests, FIS serves over 20,000 clients and more than one million merchant locations across 130 countries.
FIS offers a comprehensive suite of solutions that span across core processing, payments, risk management, compliance, and outsourcing services. Its clientele includes banks, investment firms, and merchants. By acquiring SunGard in 2015, FIS expanded its capabilities to include record-keeping and other essential services for investment firms. The 2019 acquisition of Worldpay marked FIS's significant entry into the payment processing market, securing leading positions in both the United States and the United Kingdom.
Though FIS has since sold a majority interest in Worldpay, retaining only a minority stake, the company continues to innovate and adapt. Recent achievements include advancements in digital payments and enhanced security measures, enabling seamless and secure financial transactions.
FIS's financial condition remains robust, supported by strategic partnerships and a diversified portfolio of products. Their ongoing projects focus on improving transaction efficiency, enhancing customer experience, and expanding their global footprint. For more information, visit FIS Global.
FIS reported strong financial results for 2024, with full-year revenue increasing 3% on a GAAP basis and 4% on an adjusted basis to $10.1 billion. The company's GAAP Diluted EPS rose 67% to $1.42, while Adjusted EPS increased 56% to $5.22.
Key highlights include $4.0 billion in share repurchases during 2024, with plans to repurchase an additional $1.2 billion in 2025. The company successfully completed the Worldpay separation, retaining a 45% equity interest. FIS's Board approved an 11% increase in quarterly dividend to $0.40 per share.
Looking ahead to 2025, FIS projects accelerated revenue growth of 4.6% to 5.2%, adjusted EBITDA margin expansion of 40 to 45 basis points, and adjusted EPS growth of 9% to 11%. The company's Banking Solutions and Capital Market Solutions segments showed positive growth, with particularly strong performance in Capital Markets.
FIS (NYSE: FIS) has announced a strategic partnership with Affirm (NASDAQ: AFRM) to provide integrated pay-over-time capabilities to FIS debit issuing banking clients. Upon launch, FIS debit processing banks can integrate Affirm's solution into their digital banking and mobile app platforms, offering their customers flexible payment options including BNPL and monthly payment plans.
The program will allow eligible customers to access biweekly and monthly payment plans through existing debit card products, with potential access to merchant-funded financing offers including 0% APRs from Affirm's network of over 335,000 merchants. Affirm will handle underwriting and servicing responsibilities, while banks can offer these services directly through their banking channels.
This partnership aims to help banks meet growing consumer demand for payment flexibility while increasing customer engagement and accelerating growth. The collaboration enables financial institutions to provide pay-over-time solutions to millions of U.S. debit card holders.
FIS has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America. The company's products, including HORIZON and Integrated Banking Solutions (IBS), were positioned in the 'Leader' quadrant, while Modern Banking Platform was named in the 'Visionary' quadrant.
HORIZON received one of the highest customer experience ratings and demonstrated strong API marketplace capabilities. IBS earned top business functionality scores for enabling new business efficiencies and product support. Modern Banking Platform was recognized for its cloud architecture and secure integration capabilities.
The evaluation was based on 'Ability to Execute' and 'Completeness of Vision,' focusing on market traction, product strategies, and ability to meet banking market requirements.
FIS has received multiple accolades from Chartis Research for its lending and credit risk solutions. The company won the Lending Operations – LOS (Loan Origination Systems) category in the 2025 Chartis RiskTech100 ranking report for the second consecutive year. FIS was also positioned among industry leaders in two new Chartis report RiskTech Quadrants and received five 'Category Leader' designations in Chartis' 2024 Credit Lending Operations Report.
The recognition spans multiple FIS products, including Commercial Loan Origination, Enterprise Risk Suite, Commercial Lending Suite, and Loan Services. The company's success is attributed to its ability to manage entire lending life cycles and deliver solutions across the money life cycle, whether in deposit accounts, payments, or lending.
FIS has launched Revenue Insight, a new AI-powered predictive analytics solution designed to optimize collections and accounts receivable management. The patented solution, part of the FIS Automated Finance suite, helps businesses identify high-risk accounts and prioritize collection efforts across the money lifecycle.
The launch addresses critical market needs, as 81% of businesses report increased delayed payments, with 50% experiencing late payments from customers and 77% of AR teams falling behind on metrics. The solution integrates with FIS' GETPAID™ credit-to-cash platform, offering enhanced cash flow optimization and deeper portfolio risk insights.
Revenue Insight's applications span multiple sectors, including accounts receivables, financial institutions, supply chain financing, debt collectors, insurance premiums, and utilities. The solution aims to transform finance departments from cost centers into strategic growth partners by removing friction in money movement.
FIS has achieved certification for send capabilities in the Federal Reserve's FedNow® instant payment service, making it one of the first technology providers to enable this functionality. This certification completes FIS's support for the full payments lifecycle in FedNow, offering a comprehensive instant payments experience.
The enhancement allows FIS's financial institution clients to provide their customers with instant payment sending capabilities and real-time alerts, addressing the growing demand for faster digital payment services. According to Federal Reserve Financial Services research, while 74% of consumers used faster or instant payments in 2023, over 70% looked to their financial institutions to provide these services.
This development follows FIS's initial certification after FedNow's launch in July 2023, reinforcing the company's commitment to modernizing payment systems and improving customer experience in time-sensitive transactions like loan payments and rent.
FIS (NYSE: FIS), a global financial services technology leader, has announced an increase in its regular quarterly dividend to $0.40 per common share. The dividend will be payable on March 25, 2025, to shareholders of record as of the close of business on March 11, 2025.
FIS specializes in providing financial technology solutions to financial institutions, businesses, and developers worldwide. The company plays a important role in advancing payment, banking, and investment systems, leveraging its expertise to help clients operate, expand, and secure their businesses. As a member of both the Fortune 500® and S&P 500® Index, FIS maintains its headquarters in Jacksonville, Florida.
FIS (NYSE: FIS), a global financial services technology leader, has scheduled its fourth quarter 2024 earnings announcement for February 11, 2025, before market opening. The company will host a live webcast earnings conference call with investors starting at 8:30 a.m. EST on the same day.
The webcast will be accessible through the Investor Relations section of FIS' website at www.fisglobal.com, with a replay available after the call concludes. FIS specializes in providing financial technology solutions to financial institutions, businesses, and developers, focusing on payments, banking, and investment services.
FIS (NYSE: FIS) reported significant achievements in 2024, marking a year of advancement in banking technology. The company launched several key products including its Open Access platform and Digital One™ Flex Mobile 6.0, while expanding its Modern Banking Platform (MBP) beyond North America. The MBP reached notable milestones with over 3 million serviced accounts, $20+ billion in deposits, and more than $1 billion in loans.
The company enhanced its capabilities through the acquisition of Dragonfly Financial Technologies in November 2024, strengthening its commercial banking offerings. FIS received multiple industry recognitions, including being named a Leader in IDC MarketScape's North America Digital Core Banking Platforms assessment and achieving the top position in Everest Group's Core Banking Technology Top 50.
FIS has received the 'Best Digital Solution Provider – PayTech for Businesses' award at the 2024 Banking Tech Awards for its Receivables Suite within the FIS Automated Finance solutions portfolio. The suite, which manages $3 trillion in receivables and serves thousands of clients, leverages AI technology to enhance cash flow, streamline accounts receivable processes, and optimize working capital.
The award, presented by Fintech Futures, recognizes solutions built on modern technologies that deliver measurable improvements to users. FIS's Automated Finance solutions portfolio offers comprehensive tools for receivables, payables, and revenue optimization, helping transform CFO operations from cost centers to revenue centers.
This recognition follows FIS' GETPAID accounts receivable solution being named a Leader in the IDC Accounts Receivable Software Vendor MarketScape Report. The company's technology aims to address challenges such as rising digital expectations, cost pressures, and manual process errors within the finance function.
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