Fidelity National Information Services, Inc. (FIS)

FIS is a financial technology company that provides solutions to financial institutions, businesses and developers across what it calls the money lifecycle, helping clients run, grow and protect their businesses in paying, banking and investing. It is headquartered in Jacksonville, Florida, is incorporated in Georgia as Fidelity National Information Services, Inc., is a member of the Fortune 500 and the S&P 500, and trades on the NYSE under "FIS." Its growth strategy combines building, buying or partnering to add solutions, innovation (including embedding AI across its offerings), operating efficiency, expanded distribution, and disciplined capital allocation. On January 31, 2024 it sold a 55% stake in Worldpay Merchant Solutions to GTCR-managed funds. On January 9, 2026 it closed the acquisition of the Issuer Solutions business from Global Payments, funded with about $7.7 billion of new debt and the sale of its remaining 45% Worldpay interest to Global Payments.

FIS reports two operating segments plus Corporate and Other. Banking Solutions (about $7.3 billion of the $10.7 billion total 2025 revenue) offers core processing, digital banking, fraud, risk and compliance, card and retail payments, prepaid and gift card programs, electronic funds transfer and debit, ATM and credit networks, wealth and retirement, and item processing and output solutions such as print, mail and card personalization. Capital Market Solutions (about $3.2 billion) provides trading and asset services for the buy and sell sides, commercial and asset finance lending platforms, and treasury and risk applications. Corporate and Other (about $196 million) holds corporate overhead, certain non-strategic businesses and transition-services income from Worldpay. Worldpay Merchant Solutions is reported as discontinued operations.

Banking clients include global financial institutions, U.S. regional and community banks, credit unions, commercial lenders, government institutions and other commercial organizations. Capital Markets clients include asset managers, private equity firms, brokerage and trading firms, insurers, asset and auto financiers, corporate treasurers and other commercial organizations. A significant share of business comes from multi-year recurring contracts, with solutions delivered through managed processing at client sites, FIS data centers or its private cloud, traditional license and maintenance arrangements, and fully outsourced services. Sales are made through direct and indirect field sales, telesales, virtual sales and lead generation, supported by commercial partnerships. Results are not markedly seasonal, though non-recurring items such as software licenses and termination fees can cause quarterly variation.

FIS owns or licenses the intellectual property it needs and protects it through contracts, patents, trade secrets, copyrights and trademarks. Its technology development focuses on modernizing core banking, componentized API-enabled cloud products, enterprise data infrastructure and AI capabilities, including agentic AI, developed in-house and with partners. It operates item processing centers across the U.S. and is subject to extensive financial services, data privacy, anti-money laundering and securities regulation in the U.S., U.K., E.U. and elsewhere. Competition is intense and comes from in-house technology departments at financial institutions, global and regional banking, payment and capital markets providers, embedded payment providers, independent computer services firms, vertical software developers, bank-owned technology companies, business process outsourcers and emerging innovators. Competition is based on technology quality, feature breadth, ease of integration, support, price and client experience.