284 results about this entity
Period: 27 Mar 2007 - 16 Dec 2024
News
FIS has acquired Gifts Software, a provider of funds transfer, cash management and anti-money laundering (AML) technology. Financial terms of the deal were not disclosed.
08 February 2011
Financial software house FIS has signed a definitive agreement to buy consultancy Capco in a deal worth at least $292 million.
19 October 2010
Warren Buffett's Berkshire Hathaway has placed a $220 million bet on the prospects of a rosy future for banking technology firms by snapping up 4.4 million share in US financial processing firm Fiserv.
18 August 2010
The consortium of private equity firms circling financial software house FIS have dropped their proposed $15 billion bid for the firm. FIS has issued a statement saying it is instead looking into a proposed leveraged buyout as well as leveraged recapitalisation with a share repurchase.
18 May 2010
Three big private equity firms are cooking up an $11 billion buy out of transaction processing outfit Fidelity National Information Services (FIS) in a sign that the market appetite for large leveraged deal-making is returning.
07 May 2010
Nearly half of Americans that bank online are interested in using electronic person-to-person payments, according to research sponsored by Fis, PayPal and Nacha.
26 April 2010
Just a quarter of US community banks currently offer mobile services but this is set to increase sharply over the next 18 months, according to a survey from Banc Investment Group.
15 April 2010
US banking giant Citi has cut $1.42 billion from its operations and technology budget at the mid-way stage of a three-year campaign to eliminate $3 billion in tech spending.
15 February 2010
ICICI Bank, US technology group Metavante and Singapore state investor Temasek have revived plans to sell their stakes in Indian BPO venture Firstsource, according to Reuters.
09 November 2009
Swiss core banking supplier Temenos has settled a dispute with Metavante over a joint US marketing pact that was thrown into confusion by the proposed $2.94 billion takeover of the US vendor by Fidelity National Information Systems.
22 July 2009
Bank spending on cash management technology is set to grow by 7.1% in 2010, escaping IT budget restraints elsewhere in the industry, according to research from Boston-based analyst house Celent.
07 May 2009
Fidelity National Information Services (FIS) is to offer Western Union global money transfer services to its 8500 banking institution clients throughout the United States.
20 April 2009
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