Retrieved on:
Wednesday, March 27, 2024
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Cryptocurrency Global financial technology leader FIS ® (NYSE: FIS) has been named as a Digital World Class™ Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix™ research.
Key Points:
- Global financial technology leader FIS ® (NYSE: FIS) has been named as a Digital World Class™ Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix™ research.
- The Hackett Group’s research recognized software providers in three separate process categories: credit management, order management and customer billing, with FIS’ GETPAID ™ solution cited for delivering exceptional value, efficiency, and customer-experience in C2C receivables in the credit management category.
- FIS’ GETPAID™ is a state-of-the-art, fully integrated web-based accounts receivable software solution which helps businesses optimize their cash flow, mitigate risks and bolster efficiencies.
- We’re delighted to have been named as a Digital World Class™ Vendor for Vendor for Credit Management and it’s a rewarding proof point in our mission to advance how the world pays, banks and invests.”
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FIS Global financial technology leader FIS ® (NYSE: FIS) has today announced that its SecurLOCK™ card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy .
Key Points:
- Global financial technology leader FIS ® (NYSE: FIS) has today announced that its SecurLOCK™ card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy .
- With this anticipated advantage, customers may see a better and safer card payments experience for consumers as more fraud attempts are stopped, saving numerous hours of resolution time per transaction.
- Reducing this friction, consumers can be less adversely affected by fraud rules and the disruption of “false positives” than ever before.
- “With sophisticated fraudsters using new technologies to increase fraud attacks, both businesses and consumers are facing more risk than ever before,” said Eric Kraus, Head of Fraud Services at FIS.
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EDT,
FIS FIS® (NYSE: FIS), a global leader in financial services technology, will present on Thurs., March 14th, 2024, at the Wolfe Research FinTech Forum at 1:10 pm (EDT).
Key Points:
- FIS® (NYSE: FIS), a global leader in financial services technology, will present on Thurs., March 14th, 2024, at the Wolfe Research FinTech Forum at 1:10 pm (EDT).
- A live audio webcast, as well as a replay, will be accessible on the Investor Relations section of FIS’ homepage, www.fisglobal.com .
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9700,
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Interest,
BofA Securities,
MUFG,
Citigroup,
Offers,
Security (finance) Overall, $1,496,352,000 and £754,757,000 principal amount of Dollar Notes and Sterling Notes, respectively, have been accepted for purchase.
Key Points:
- Overall, $1,496,352,000 and £754,757,000 principal amount of Dollar Notes and Sterling Notes, respectively, have been accepted for purchase.
- The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase.
- King & Co, Inc. acted as the Information and Tender Agent for the Offers.
- You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.
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Heart Global financial technology leader FIS ® (NYSE: FIS) has today announced that applications are open for the FIS Fintech Accelerator 2024, its flagship program that supports fintech innovation and growth.
Key Points:
- Global financial technology leader FIS ® (NYSE: FIS) has today announced that applications are open for the FIS Fintech Accelerator 2024, its flagship program that supports fintech innovation and growth.
- The program, now in its ninth year, will select up to ten promising fintech startups to participate in a two-week incubation and 12-week intensive program.
- The power of the FIS Accelerator emerges from its unparalleled position in the global financial ecosystem, with FIS' technology empowering business transactions worldwide.
- Applications for the FIS Fintech Accelerator 2024 will close on April 30, 2024.
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Tender,
Offers,
Total,
9700,
Debt-to-GDP ratio,
U.S. Bancorp,
System,
BofA Securities,
Goldman Sachs,
Barclays,
Telephone,
Euro,
Citigroup,
Security (finance) The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase.
Key Points:
- The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase.
- FIS reserves the right, subject to applicable law, to waive any and all conditions to any Offer.
- King & Co, Inc. will act as the Information and Tender Agent for the Offers.
- You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.
Retrieved on:
Tuesday, February 27, 2024
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Euro,
Acceptance,
Citigroup,
Security (finance) Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on March 4, 2024, unless extended with respect to any Offer.
Key Points:
- Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on March 4, 2024, unless extended with respect to any Offer.
- Accordingly, Holders should not tender any Notes that they do not wish to be accepted for purchase.
- FIS reserves the right, subject to applicable law, to waive the Maximum Purchase Condition with respect to any Offer.
- King & Co, Inc. will act as the Information and Tender Agent for the Offers.
Retrieved on:
Monday, February 26, 2024
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Pharmaceutical industry Adjusted EBITDA margin expanded by 270 basis points as compared to the prior-year period to 44.2% primarily driven by cost efficiencies.
Key Points:
- Adjusted EBITDA margin expanded by 270 basis points as compared to the prior-year period to 44.2% primarily driven by cost efficiencies.
- Adjusted EBITDA margin contracted by 250 basis points over the prior-year period to 53.2% primarily due to lower contribution from higher margin non-recurring revenue.
- Fourth quarter revenue decreased by 32% as compared to the prior-year period to $63 million primarily due to the divestitures of non-strategic businesses.
- In the quarter, the Company returned $815 million of capital to shareholders through $510 million of share repurchases and $305 million of dividends paid.
Retrieved on:
Wednesday, February 14, 2024
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Cryptocurrency 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.
Retrieved on:
Thursday, February 8, 2024
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Plaid 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.
