Fidelity National Information Services, Inc. - FIS STOCK NEWS

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.

FIS has been named a market leader in the Omdia Universe: Payment Hubs, 2024-25 report, highlighting its excellence in payment solutions. The company received best-in-class scores in the Strategy & Innovation and Broader Functionality categories.

The report evaluates payment hub solutions across multiple dimensions, including core functionality, architecture, solution integration, security, and innovation. FIS stood out for its robust capabilities in real-time processing, cloud-native architecture, and comprehensive analytics and reporting tools.

With over 50 years of payments expertise, FIS continues to develop solutions supporting new payment methods. The company's payment hub enables financial institutions to process multiple payment types and centrally manage the orchestration process, which can be deployed as standalone solutions.

FIS (NYSE: FIS) has received the IDC 2024 SaaS CSAT award for Treasury Management, marking its fourth treasury management excellence award in 2024. The recognition comes from IDC's SaaS Path Survey, which evaluated 2,875 organizations across all regions on over 30 customer satisfaction metrics.

This achievement highlights FIS's success in delivering cloud-based treasury and risk management solutions that provide real-time liquidity and risk visibility. The company's other 2024 accolades include the IDC Real Results award for UNHCR, Most Innovative Treasury Solution from Global Finance Magazine, and Best Cash & Treasury Management Solution from Treasury Management International.

FIS's solutions help businesses improve cash visibility and manage liquidity risk while facilitating efficient money movement, from payments to debt management and investments.

FIS has been named a Leader in the IDC MarketScape: North America Digital Core Banking Platforms 2024 Vendor Assessment. The report highlights FIS's focus on local regulations and compliance across all deployment regions. The IDC MarketScape recognizes FIS Modern Banking Platform as a digitally native, cloud-built platform with component-based architecture that can integrate with existing banking infrastructure.

According to Jerry Silva, VP of global retail banking at IDC, FIS is a trusted partner for banks pursuing core modernization. John Durrant, Banking Solutions President at FIS, emphasized the company's commitment to investing in cutting-edge technology and supporting clients' growth through Digital Banking.

FIS HORIZON has been recognized by Celent in its latest North American retail banking core systems report, winning the Advanced Technology Category of the XCelent Awards. HORIZON was also deemed a “Luminary” within Celent’s Technical Capability Matrix. FIS, a global leader in financial technology, highlighted that this recognition continues the awards momentum, following three XCelent Awards last year.

HORIZON's Advanced Technology category win is attributed to its agility, customizability, and scalability, which drive deposit growth and wallet share for clients. Celent's ABC scoring methodology measures advanced technology, breadth of functionality, and client base and service. Melissa Cullen, Head of Core Banking Solutions at FIS, emphasized the company's ongoing investments in HORIZON to redefine core banking and create a more streamlined and agile environment.

The platform is geared for community banks, offering an intuitive, customer-centric design that combines banking functionality with a modern user experience. It provides comprehensive security and a flexible, scalable architecture. According to Celent’s Principal Analyst Craig Focardi, HORIZON remains a reliable and popular choice, adding more clients than any other core system since the last report, even amid sector consolidation.

FIS announced the recognition of its latest cohort at the 2024 FIS Fintech Accelerator Innovation Day, held on November 13 in Jacksonville. The event featured nine growth-stage fintech companies, showcasing innovative solutions aimed at harmonizing the money lifecycle. Two companies, Prelim and MoneyKit, received the Audience Choice Award for their standout technologies. Prelim offers a no-code platform for digitizing customer onboarding, while MoneyKit connects bank data to over 15,000 types of accounts, facilitating seamless financial transactions. The cohort's participation in a 12-week immersive initiative led to the development of nine proofs of concepts (POCs), which are moving forward with plans to be finalized this year. FIS emphasized its commitment to advancing financial technology and supporting fintech startups through its accelerator program, which offers infrastructure, a vast distribution network, and subject matter expertise.

FIS (NYSE: FIS), a leading financial technology company, has announced its participation in the UBS Global Technology and AI Conference on Wednesday, Dec. 4, 2024, at 11:35 a.m. (MST). The presentation will be accessible via live audio webcast and replay through the Investor Relations section of FIS' website.

FIS specializes in providing financial technology solutions across the money lifecycle, serving financial institutions, businesses, and developers. The company focuses on advancing payment, banking, and investment systems while helping clients operate, expand, and secure their businesses. Based in Jacksonville, Florida, FIS is a constituent of both the Fortune 500 and S&P 500 indices.

FIS (NYSE: FIS) launches a new global brand campaign titled 'Unlocking Financial Technology: Bringing the World's Money into Harmony.' The multi-million dollar campaign introduces the concept of money lifecycle, which includes Money at Rest (storing), Money in Motion (payments), and Money at Work (investing). The campaign will be featured across CNBC, Axios, The Wall Street Journal, and The Financial Times, targeting key markets in the US, UK, and APAC regions. The initiative aims to demonstrate FIS's role in transforming modern financial operations through integrated technology solutions.

FIS (NYSE: FIS) announces collaboration with Oracle to enhance billing and payment capabilities for utility customers. The FIS BillerIQ solution, running on Oracle Cloud Infrastructure (OCI), will modernize utility bill management by enabling electronic bill delivery and digital payments. The partnership addresses the current inefficiency where 75% of organizations still use paper checks, offering multiple payment options including ACH, credit, debit, Realtime Pay, and digital wallets. The solution aims to provide a seamless experience from meter consumption to payment, helping utility companies stay competitive while offering customers greater convenience.