FIS - Competitor Profile - Research and Markets

Fidelity Information Services (FIS) is one of the leading payment and transactional service providers globally, offering end-to-end solutions covering the entire payment value chain. It offers omni-channel solutions for merchants, banks, acquirers, payment services providers, businesses, and governments. FIS offers its services in 146 countries, supporting over 300 payment methods and 126 currencies.

FIS operates through three business segments: Merchant Solutions, Banking Services, and Capital Market Solutions, offering acquiring and processing, core banking, digital solutions, wealth and asset management solutions, and retirement and insurance solutions.

It has made several acquisitions of complementary businesses, which has helped the company stay competitive in the market. In October 2014, FIS acquired Clear2Pay, a provider of banking and payments technology solutions, enabling FIS to expand its portfolio with new corporate payment solutions and services. And in July 2019 it acquired Worldpay for a consideration of $43 billion - one of the biggest-ever deals in the payments space. As a result of this acquisition, FIS significantly expanded its international presence to offer merchant acquiring services outside of the US, including in the UK and the EU. Recently, in February 2022, it acquired Payrix, an embedded payments solutions provider based in the US, to further expand its ecommerce product offerings

FIS is also focusing on improving its domestic acquiring capabilities in several markets. In October 2020, Worldpay secured domestic card scheme acquiring licenses in Argentina. In April 2021 the company announced the expansion of its domestic acquiring services into emerging markets such as Malaysia, South Africa, and Nigeria. In Malaysia it has acquired a domestic acquiring license to offer it services, while in South Africa and Nigeria it is offering its services in collaboration with payment service provider Flutterwave

The report provides information and insights into FIS including:

Detailed insight into its business
Comprehensive coverage of its products and services
Comparative assessment with key competitors
Information on its performance
The company's important events and milestones

Scope

In 1968, FIS was founded as Systematics Inc
In 1990, Alltel Information Services (AIS) acquired Systematics Inc
In April 2003, Fidelity National Financial acquired AIS and rebranded it as Fidelity Information Services
In February 2022, FIS acquired Payrix, an embedded payments solutions provider in the US, to further expand its ecommerce product offerings

Reasons to Buy

Gain insights into FIS' business operations and key events
Gain insights into its product portfolio
Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors