Fidelity National Information Services (FIS) has seen varied developments lately. Partnership with Visa has been intensified, offering easier access to robust payments capabilities for banks. A noticeable number of shares were sold by Artemis Investment Management and Oppenheimer Asset Management. Javelin ranked FIS a Leader in Digital Issuance, while the firm's bearish sentiment rose. FIS agreed to a Worldpay deal with Global Payments and sold its Worldpay stake. Some important acquisitions were made including Demica, Dragonfly and Global Paymentsβ Issuer Solutions Business. FIS managed to secure new clients including ATLAS SP Partners for their commercial loan servicing solutions and launched advanced commercial solution for ATLAS, causing a stake increase by various management companies. A capital markets acquisition by FIS seems imminent. Their offering of Quantum Cloud Edition caught attention for enhancing Treasury Management. Despite some negative movements analysts have often rated the company as a 'Moderate Buy', though there have been concerns regarding the firm's profit margins. Overall, the firm's performance and future prospects seem to be improving despite some setbacks.
Fidelity National Information Services FIS News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 28 Jun 2025 17:10:46 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -4