FIS

FIS Completes Sale of Majority Stake of Worldpay to GTCR

Retrieved on: 
Thursday, February 1, 2024
Mobile, Wireless, Technology, Payments, Finance, Banking, Other Technology, Professional Services, Software, Hardware, Data Management, Partnership, Growth, GTCR, FIS, Sale, Independent, Management

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.”

 FIS to Report Fourth Quarter 2023 Results on February 26, 2024

Retrieved on: 
Thursday, February 1, 2024
Mobile, Wireless, Technology, Finance, Fintech, Banking, Other Technology, Professional Services, Software, Hardware, Data Management, EST, Webcast, FIS

FIS ® (NYSE: FIS), a global leader in financial services technology, will report fourth quarter 2023 financial results on Monday, February 26, 2024, prior to market open.

Key Points: 
  • FIS ® (NYSE: FIS), a global leader in financial services technology, will report fourth quarter 2023 financial results on Monday, February 26, 2024, prior to market open.
  • The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day.
  • To access the webcast, go to the Investor Relations section of FIS’ homepage, www.fisglobal.com .
  • A replay will be available after the conclusion of the live webcast.

FIS Launches 2024 Fintech Hangout Series, Convening the Financial Services Start-up Ecosystem

Retrieved on: 
Wednesday, January 31, 2024
Mobile, Wireless, Technology, Payments, Finance, Fintech, Banking, Professional Services, Software, Hardware, Data Management, Ecosystem, Mentorship, Atlanta Tech Village, FIS, Risk, Trust, Sardine, Bank

Global financial technology leader FIS ® (NYSE: FIS) has today announced the launch of its 2024 FIS Fintech Hangout Series , an initiative that fosters and connects fintech startups, investors, financial institutions, FIS experts, and participants from the FIS Fintech Accelerator Program .

Key Points: 
  • Global financial technology leader FIS ® (NYSE: FIS) has today announced the launch of its 2024 FIS Fintech Hangout Series , an initiative that fosters and connects fintech startups, investors, financial institutions, FIS experts, and participants from the FIS Fintech Accelerator Program .
  • The Fintech Hangouts supports FIS’ 9-year focus on identifying, mentoring and connecting innovative fintech startups with the broader financial services community.
  • The program aligns with the FIS Fintech Accelerator Program, which has seen 80 graduates help advance innovation in financial services.
  • Applications for the FIS Fintech Accelerator Program 2024, its ninth cohort, will open in March 2024.

Worldpay Begins Operating as Independent Company

Retrieved on: 
Thursday, February 1, 2024
Professional Services, Payments, Technology, Finance, Software, Banking, Partnership, Growth, Financial services, Chase Bank, JPMorgan Chase, History, GTCR, FIS, Goldman Sachs, Wells Fargo, Kirkland & Ellis, Sale, Citigroup, UBS, National Association

Worldpay, LLC , (the “Company”), a global industry leader in payments technology and solutions, announced today that it has closed upon its previously announced sale and will now operate as an independent company.

Key Points: 
  • Worldpay, LLC , (the “Company”), a global industry leader in payments technology and solutions, announced today that it has closed upon its previously announced sale and will now operate as an independent company.
  • As an independent company, Worldpay is committed to bringing greater levels of value, innovation and service to clients through increased investment in product development, technology and client solutions.
  • “I couldn’t be more excited to help lead the next chapter of Worldpay’s growth story as an independent company,” said Charles Drucker, CEO of Worldpay.
  • We are confident that clients will benefit from further enhancement of Worldpay’s offerings and a more agile customer-oriented approach as an independent company.

VAKT, the leading post trade platform for energy announces their new CEO, Tasja Botha

Retrieved on: 
Friday, February 2, 2024
GTM, CTRM, Fintech, Friction, Capital market, FIS, Symphony Technology Group, Sale, Treasury, SunGard

LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.

Key Points: 
  • LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.
  • Most recently Tasja served as CEO of Quor Group, a leader in commodities trading and risk management technology (CTRM).
  • As CEO, Tasja will oversee VAKT's operations and spearhead its mission to digitalize inefficient and costly post trade processes.
  • VAKT is a post trade processing platform for energy transactions.

VAKT, the leading post trade platform for energy announces their new CEO, Tasja Botha

Retrieved on: 
Friday, February 2, 2024
GTM, CTRM, Fintech, Friction, Capital market, FIS, Symphony Technology Group, Sale, Treasury, SunGard

LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.

Key Points: 
  • LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.
  • Most recently Tasja served as CEO of Quor Group, a leader in commodities trading and risk management technology (CTRM).
  • As CEO, Tasja will oversee VAKT's operations and spearhead its mission to digitalize inefficient and costly post trade processes.
  • VAKT is a post trade processing platform for energy transactions.

MediStreams Celebrates Key Milestones, Exceptional Results in 2023

Retrieved on: 
Thursday, February 1, 2024
Practice management, Growth, EHR, JPMorgan Chase, IDX, NPS, Conversion, ERP, Metavante, GE HealthCare, Running, FIS, Hetrick, SVP, Health, Index, Freeman, ERA, Truist, Software as a service, Sales

ROSWELL, Ga., Feb. 1, 2024 /PRNewswire-PRWeb/ -- MediStreams, a leading provider of healthcare remittance and reconciliation solutions, closed out a transformational 2023, hitting several key milestones for the company. Highlights include cutting-edge product advances, record growth in clients and partnerships, and strategic additions to the leadership team.

Key Points: 
  • During this year of growth, MediStreams continued to deliver exceptional client service while onboarding and supporting clients.
  • MediStreams also grew its employee base significantly and made several key hires and promotions during 2023 to strengthen its executive, product, sales, support, and client success teams.
  • She played a key role in standing up many of the company's new partnerships in 2023 and has become a trusted advisor for MediStreams' clients and channel partners.
  • Tracie Cassarino joined MediStreams in July 2023 as SVP of client success and a member of the executive team.

Generative AI Safely Unlocked for Regulated Industries with Public Release of Liminal

Retrieved on: 
Wednesday, January 31, 2024
Public sector, AI, Synthetic media, FIS, Amazon Web Services, Privacy, Education, Salesforce, Software, Insurance, Organization, Health, Medical device

DENVER, Jan. 31, 2024 /PRNewswire/ -- Generative AI is driving one of the largest booms in productivity since the industrial revolution. However, enterprises operating in regulated environments are acutely aware of the risks associated with generative AI concerning data security, privacy and sovereignty. Fresh on the mind of executives are the high-profile leaks of proprietary information, leading to cascading bans on employees using this technology.

Key Points: 
  • DENVER, Jan. 31, 2024 /PRNewswire/ -- Generative AI is driving one of the largest booms in productivity since the industrial revolution.
  • However, enterprises operating in regulated environments are acutely aware of the risks associated with generative AI concerning data security, privacy and sovereignty.
  • A team of prior executives from Amazon Web Services and FIS joined forces to build Liminal, a unique security platform allowing regulated enterprises to safely use generative AI, across every use case.
  • Their successes to date are empowering a new era of value creation driven by unlocking generative AI for enterprises in regulated industries."

The Financial Sector Is Plagued by Increasingly Sophisticated Cyberattacks That Demand a Defensive Paradigm Shift, According to the Modern Bank Heists Report From Contrast Security

Retrieved on: 
Tuesday, January 30, 2024
Senior, LOS, Assistant, PST, Loader, Crime, FIS, Cyber, Denial-of-service attack, Secret Service, United States Secret Service, Application security, Human, Organization, Mountain West Conference, Annual report, Kellermann, Runtime, EST, Information, Risk management

LOS ALTOS, Calif., Jan. 30, 2024 /PRNewswire/ -- Contrast Security (Contrast) — the Runtime Security company and leader in modernized Application Security — today released its Modern Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.

Key Points: 
  • LOS ALTOS, Calif., Jan. 30, 2024 /PRNewswire/ -- Contrast Security (Contrast) — the Runtime Security company and leader in modernized Application Security — today released its Modern Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.
  • In a series of interviews, financial sector CISOs, SVPs of Cybersecurity and Managing Directors of Information Security from around the world revealed specific trends when it comes to notable cyberattacks, e-fraud and cyber defense.
  • Some of the most eye-opening results from the report include:
    74% detected campaigns to steal nonpublic market information.
  • To download the Modern Bank Heists report, please visit

Matera's "Pix by the Numbers" Report Reveals Surge in 2023 as Businesses Shift Away from Credit Cards

Retrieved on: 
Tuesday, January 23, 2024
Software, Payments, Finance, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Mobile, Wireless, The Clearing House, Central bank, Core, Coinbase, Digital twin, PayPal, FIS, FedNow, ACH, Friends, Clearing house, RTP, Cash, TCH, QR, Number, Consumer-to-business, Venmo, Online shopping

The latest Pix by the Numbers report covers data through Q4 2023 and shows that the number of Pix transactions is 13% more than credit and debit combined.

Key Points: 
  • The latest Pix by the Numbers report covers data through Q4 2023 and shows that the number of Pix transactions is 13% more than credit and debit combined.
  • These include:
    Pix Continues to Accelerate Past Debit and Credit: Pix transactions for Q2 2023 totaled 9.4 billion vs. 4.4 billion credit card and 3.9 billion debit card transactions.
  • Credit and Debit Share of Transactions has been Declining Since Pix Launched: Pix accounted for 36% of all transactions in Q2 2023, up from 25% a year ago.
  • Fastest Growing Pix Use Case is Consumers Paying Businesses: 36% of Pix transactions in December 2023 were made by consumers paying merchants and billers instantly.