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Fintech FIS has signed a definitive agreement to sell a majority stake in its Worldpay Merchant Solutions business to private equity fund managed by GTCR.
FIS, acquisition, fintech, Acquirer, embedded finance
Global financial technology provider FIS has partnered with Jifiti to launch a future-proof embedded lending solution for delivery by banks and financial institutions.
FIS, lending, banks, merchants, BNPL, instalment payments
Global financial technology provider FIS has planned to undertake a tax-free spinoff of its merchant operations, the majority of which comes from Worldpay, as reported by Reuters.
FIS, payment processing, Acquirer, banking, merchants
US-based identity marketing tool SheerID has teamed up with Worldpay from FIS to enable the latter’s merchants to provide segmented discounts to targeted audiences.
FIS, identity verification, merchant, partnership, digital identity
US-based fintech FIS has augmented the way SMBs gain access to embedded payments and finance through software providers with the launch of Worldpay for Platforms.
SMEs, merchants, payment processing, product launch, FIS
FIS has launched a central infrastructure payment solution, RealNet Central, to help central banks transform their markets to digital-first, real-time payment economies.
CBDC, real-time payments, FIS, central bank
Financial technology provider FIS has announced its Banking-as-a-Service Hub, enabling banks, credit unions, and fintechs to deliver innovation to merchants and consumers, according to Market Screener.
BaaS, FIS, embedded finance, banks, fintech
US-based Worldpay from FIS has given merchants the ability to receive settlement directly in USD Coin (USDC).
stablecoin, FIS, merchants, settlement, digital currency
US-based fintech services company Fidelity National Information Services (FIS) has released ‘The Global Payments Report’ in which states that the use of PIX in ecommerce will double by 2025, in Brazil.
PIX, FIS, bank transfer, local payment method, ecommerce, online payments
India-based Kotak Mahindra Bank and Indian Oil Corporation have announced a strategic partnership to launch a co-branded fuel credit card.
partnership, credit card, FIS, report, cashback, cashless, loyalty programme, digitalisation
Worldpay from FIS, a payments processor, has partnered with Shyft Network, a digital identity system designed to bring the cryptocurrency industry in line with global anti-money laundering (AML) rules.
FIS, cryptocurrency, compliance, digital identity, partnership
US-based FIS has announced that fintech SumUp will use Worldpay’s merchant solution portfolio for continued global expansion.
FIS, partnership, digital payments, SMEs, expansion, payment methods
Stephen Lazenby from INETCO tackles the challenges faced by the latest AML regulations and technologies and suggests a new approach for financial institutions to improve their resilience to modern financial crimes
AML, money laundering, financial crime, cybercrime, FIS, online security
cryptocurrency, FIS, expansion, NFT
FIS, artificial intelligence, AML, KYC
Bitcoin, banks, FIS, partnership, product launch
Global financial technology provider FIS has announced RealNet, a new cloud-based, software as a service (SaaS) platform.
product launch, API, FIS, real-time payments, ACH, digital banking, account-to-account payment
FIS, Flutterwave, merchants, online payments
FIS, e-wallet, mobile payments, contactless payments, report
India-based IT services player Tech Mahindra has announced it will acquire Payments Technology Services (PTSL), a subsidiary of fintech firm FIS, for USD 9 million.
Tech Mahindra, Payments Technology Services, acquisition, FIS, payment solution provider, PSP