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Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech , and as of Q2 2024 it offers its solutions in two primary segments: Banking Solutions & Capital Market Solutions.
In July, private equity firm GTCR agreed to acquire a 55 percent stake in WorldPay from FIS for $11.7 billion, valuing WorldPay at $18.5 billion. [30] [31] In February 2024, Worldpay was separated from Fidelity National Information Services (FIS) to become an independent company once again. [32] Today it is co-owned by GTCR (55%) and FIS (44%).
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024
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It was established in 1969 [3] as an international investment subsidiary of Fidelity Management & Research, before becoming an independent business in 1980. Today, Fidelity International handles investments for clients in Europe, Canada, EMEA and Asia, while the US-based Fidelity Management and Research handles investments for clients in the USA.
For FIS, revenue at its banking solutions segment, which enables online transactions for banks and other financial institutions, rose 3% to $1.78 billion in the third quarter.
Fidelity National Financial, Inc. (NYSE: FNF), is an American provider of title insurance and settlement services to the real estate and mortgage industries.A Fortune 500 company, [1] Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations.
The name was changed to Alltel Information Services (AIS) in 1994. The Stephens family remained an investor, acquiring Alltel stock in the transaction. In 2003, Alltel sold the Information Services subsidiary to Fidelity National Financial. This business is known today as Fidelity National Information Services (FIS). [citation needed]
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