FIS Global

275 results about this entity

Period: 27 Mar 2007 - 15 Aug 2024

Temenos reports mixed Q2

Swiss core banking systems vendor Temenos has reported a mixed bag of second quarter results, with total revenue up 32% but net profit dropping to US$6.3 million, compared to US$8.8 million a year ago. Despite this the vendor has raised its 2007 revenue outlook for the second time this year.

Fidelity reports customer data theft by employee

Fidelity National Information Services has disclosed that a former employee at its Certegy unit stole 2.3 million customer records and sold the information to data brokers that in turn sold it on to direct marketers.

Fidelity to buy eFunds for $1.8bn

Fidelity National Information Services (FIS) says it has entered into a definitive agreement to acquire US electronic payments firm eFunds in an all cash transaction worth approximately $1.8 billion.

Fidelity and Fiserv bidding for eFunds - report

Fidelity National Information Services and Fiserv have each bid more than $1.5 billion for US electronic payments firm eFunds, according to a Bloomberg report.

Finextra50 climbs 2.74% to 102.36

Strong performance in the US markets last week, which saw the Dow Jones Industrial Average and S&P 500 hit record highs driven by optimism about the state of the US economy, helped the Finextra50 to climb above 100 for the first time. Vasco Data Security, Fiserv and Fidelity NIS saw the biggest increases.

Lloyds TSB signs for Fidelity's commercial loans suite

Lloyds TSB is to implement the advanced commercial banking system (ACBS) product suite from US based Fidelity National Information Services (FIS) to support its commercial lending operations.

Standard Bank takes global license for Fidelity's ACBS

South Africa's Standard Bank is installing technology from US-based Fidelity National Information Services to support its global commercial lending business.

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

M&I to split from Metavante

US financial services firm Marshall & Ilsley (M&I) has confirmed that it is splitting off its fintech unit Metavante into a public company worth around $4.25 billion.

M&I to spin off Metavante - WSJ

US bank Marshall & Ilsley is close to spinning off its electronic payments division Metavante in a $4 billion transaction that will see private equity firm Warburg Pincus paying cash for a minority stake in the unit, according to a Wall Street Journal report.

Monitise and Metavante to establish m-banking network in US

Monitise, the mobile banking subsidiary of UK IT services group Morse, is teaming with American fintech vendor Metavante to launch and operate a wireless payments and banking network in the US.