FIS

JM Search Expands Dedicated Team Focused on Recruiting Highly Specialized Executives for Professional Services Businesses

Retrieved on: 
Wednesday, February 14, 2024

JM Search , the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, announces the expansion of its team of experts dedicated to recruiting executives for professional services organizations .

Key Points: 
  • JM Search , the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, announces the expansion of its team of experts dedicated to recruiting executives for professional services organizations .
  • To support growing client demand across the professional services sector, JM Search recently welcomed Gautam Vyas as partner.
  • Prior to joining JM Search, Gautam served as president of Professional Services at FIS, a leading provider of technology solutions and services for merchants, banks, and capital market firms globally.
  • The Professional Services team is comprised of former industry executives who have built expansive professional networks from decades of firsthand experience.

FIS Widens Access to Open Banking Through Collaboration With Banked

Retrieved on: 
Wednesday, February 14, 2024

FIS ® (NYSE: FIS), a global leader in financial technology, today announced it has entered a strategic partnership with Banked, a leading provider of open banking solutions, to drive new pay-by-bank offerings for both businesses and consumers.

Key Points: 
  • FIS ® (NYSE: FIS), a global leader in financial technology, today announced it has entered a strategic partnership with Banked, a leading provider of open banking solutions, to drive new pay-by-bank offerings for both businesses and consumers.
  • Pay-by-bank solutions simplify payments by combining the benefits of real-time payment rails with the flexibility and efficiency of open banking, where third-party financial service providers have direct access to banking data to complete digital payments.
  • "Our mission at Banked is to make payments better for everyone, and we are excited to join forces with FIS to make that vision a reality," said Brad Goodall, co-founder and CEO of Banked.
  • "Together, we are enabling businesses to leverage the power of open banking and real-time payments to offer their customers a superior payment experience.

FIS Drives Secure Open Banking for Financial Institutions and Consumers

Retrieved on: 
Thursday, February 8, 2024

Global financial technology leader FIS ® (NYSE: FIS) has today announced another milestone in its drive to make secure open banking more accessible to its clients and their customers.

Key Points: 
  • Global financial technology leader FIS ® (NYSE: FIS) has today announced another milestone in its drive to make secure open banking more accessible to its clients and their customers.
  • Agreements are in place with leading data networks including Akoya, Envestnet | Yodlee, MX and Plaid to integrate into FIS’ Open Access platform, an innovative new open banking solution, that enables consumers to securely and seamlessly share their financial information with a greater number of third-party financial apps and services of their choice.
  • The shift to Open Banking is accelerating , and last year the Consumer Financial Protection Bureau (CFPB) proposed a Personal Financial Data Rights rule establishing consistent industry standards for consumer data access and protection.
  • FIS’ Open Access platform provides consumers with the ability to access and share their financial data in a secure, stream-lined and controlled manner.

Availity Appoints Jennifer Irwin as Chief Marketing Officer

Retrieved on: 
Tuesday, February 6, 2024

Availity , the nation’s largest real-time health information network, announced the appointment of Jennifer Irwin as the company’s new Chief Marketing Officer (CMO).

Key Points: 
  • Availity , the nation’s largest real-time health information network, announced the appointment of Jennifer Irwin as the company’s new Chief Marketing Officer (CMO).
  • Irwin is a results-oriented marketing leader with nearly 25 years of experience in business-to-business software as a service (SaaS) marketing across end markets including healthcare, benefits, and financial services.
  • She brings a proven track record of leading marketing and communications strategy to support Availity’s next phase of expansion and innovation in payer-provider connectivity.
  • “Jennifer has a strong record of building high-performing teams, aligning marketing strategies to achieve business outcomes, and driving marketing-influenced revenue growth,” said Russ Thomas, CEO of Availity.

Webinar: Payment Processors: Find the One You Really Love

Retrieved on: 
Tuesday, February 6, 2024

Many financial institutions (FIs) and fintechs have a rocky relationship with their payment processors.

Key Points: 
  • Many financial institutions (FIs) and fintechs have a rocky relationship with their payment processors.
  • They’re not alone – choosing the right processor can be a daunting task.
  • With many options available, it can be hard to know which one will be the right match.
  • This roundtable invites audiences to hear from an expert panel of financial service industry leaders on what they consider key considerations when choosing a payment processor.

PortX and Hummingbird Partner to Streamline Compliance and Regulatory Technology for Financial Institutions

Retrieved on: 
Tuesday, February 6, 2024

This strategic alliance aims to significantly ease the process for financial institutions (FIs) to leverage Hummingbird’s robust compliance platform.

Key Points: 
  • This strategic alliance aims to significantly ease the process for financial institutions (FIs) to leverage Hummingbird’s robust compliance platform.
  • "We are excited to add Hummingbird to our rapidly growing network of connected fintechs," said David Wexler, CEO of PortX.
  • "Our mission at Hummingbird is simple – fight financial crime," said Joe Robinson, CEO of Hummingbird.
  • Designed to streamline anti-money laundering, fraud, customer due diligence, and other compliance workflows, Hummingbird allows financial institutions to drive efficiency – without sacrificing accuracy or compromising on risk.

BioCatch Shares Guidance for Consumer Protection against Romance Scams

Retrieved on: 
Monday, February 5, 2024

TEL AVIV, Israel and NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BioCatch, the global leader in digital fraud and money laundering powered by behavioral biometric intelligence, today shared guidance for protecting vulnerable banking customers from modern-day romance scams.  With Valentine's Day 2024 only days away, and authorised payment fraud continuing to skyrocket globally, it is important that the fraud-fighting community share insights on how best to protect victims and identify the perpetrators of romance scams. Scams have undergone a significant evolution in recent years, adjusting to the dynamics of our digital existence, and evolving with our communication preferences and channels. They have also diversified significantly expanding beyond traditional forms to encompass a wider array of deceptive tactics.

Key Points: 
  • UK Finance reports a staggering 26% surge in romance scams during the initial half of 2023, leading to a loss of £18.5 million for consumers.
  • "When it comes to romance scams, or any scam for that matter, banks need to play a critical role in consumer education and protection.
  • BioCatch realized some time ago that a more comprehensive approach was needed to fight romance scams.
  • "Romance scams are particularly cruel and often devastating for victims, leaving them with both broken hearts and empty bank accounts.

BioCatch Shares Guidance for Consumer Protection against Romance Scams

Retrieved on: 
Monday, February 5, 2024

TEL AVIV, Israel and NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BioCatch, the global leader in digital fraud and money laundering powered by behavioral biometric intelligence, today shared guidance for protecting vulnerable banking customers from modern-day romance scams.  With Valentine's Day 2024 only days away, and authorised payment fraud continuing to skyrocket globally, it is important that the fraud-fighting community share insights on how best to protect victims and identify the perpetrators of romance scams.

Key Points: 
  • UK Finance reports a staggering 26% surge in romance scams during the initial half of 2023, leading to a loss of £18.5 million for consumers.
  • "When it comes to romance scams, or any scam for that matter, banks need to play a critical role in consumer education and protection.
  • BioCatch realized some time ago that a more comprehensive approach was needed to fight romance scams.
  • "Romance scams are particularly cruel and often devastating for victims, leaving them with both broken hearts and empty bank accounts.

Monster Energy's Freeski and Snowboard Athletes Earn Victories and Medals in 2024 Toyota U.S. Grand Prix at Mammoth Mountain

Retrieved on: 
Monday, February 5, 2024

MAMMOTH MOUNTAIN, Calif., Feb. 4, 2024 /PRNewswire-PRWeb/ -- Monster Energy congratulates its team of snow sports athletes on a strong performance in the 2024 Toyota U.S. Grand Prix, the iconic freeski and snowboard halfpipe and slopestyle FIS World Cup at Mammoth Mountain, California.

Key Points: 
  • Monster Energy congratulates its team of snow sports athletes on a strong performance in the 2024 Toyota U.S. Grand Prix, the iconic freeski and snowboard halfpipe and slopestyle FIS World Cup at Mammoth Mountain, California.
  • MAMMOTH MOUNTAIN, Calif., Feb. 4, 2024 /PRNewswire-PRWeb/ -- Monster Energy congratulates its team of snow sports athletes on a strong performance in the 2024 Toyota U.S. Grand Prix, the iconic freeski and snowboard halfpipe and slopestyle FIS World Cup at Mammoth Mountain, California.
  • From January 31 to February 3, the Toyota U.S. Grand Prix at Mammoth Mountain featured the world's best winter sports athletes competing in both halfpipe and slopestyle competitions.
  • Sanctioned by the International Ski and Snowboard Federation (FIS), the contest awarded FIS World Cup points for the 2024 season.

FIS Completes Sale of Majority Stake of Worldpay to GTCR

Retrieved on: 
Thursday, February 1, 2024

We will maintain a meaningful minority stake in Worldpay and participate on the Worldpay Board, allowing us to benefit from continued growth in its business.

Key Points: 
  • We will maintain a meaningful minority stake in Worldpay and participate on the Worldpay Board, allowing us to benefit from continued growth in its business.
  • FIS will retain a 45% non-controlling equity stake in Worldpay as of the closing.
  • Jeffrey A. Goldstein, Independent Chairman of the FIS Board, said, “We are grateful to Vijay and Louise for their contributions throughout their service on the FIS Board.
  • Their participation on the Worldpay Board adds significant payments expertise and will serve as an important bridge in our continued commercial partnership.”