# Fidelity National Information Services

**Source:** https://geo.sig.ai/brands/fidelity-national-information-services  
**Vertical:** Consumer Finance  
**Subcategory:** Enterprise  
**Tier:** Leader  
**Website:** fisglobal.com  
**Last Updated:** 2026-04-14

## Summary

Jacksonville FL banking and capital markets fintech (NYSE: FIS) ~$10.1B FY2024 revenue; Worldpay divested 2023, IBS/HORIZON core banking, FIS Accelerate transformation competing with Fiserv and Jack Henry.

## Company Overview

Fidelity National Information Services, Inc. (FIS) is a Jacksonville, Florida-based financial technology company — publicly traded on the New York Stock Exchange (NYSE: FIS) as an S&P 500 Information Technology component — providing banking technology solutions, capital markets software, and treasury management systems to financial institutions, capital markets firms, and corporate treasuries through approximately 55,000 employees following the January 2023 divestiture of the Worldpay merchant acquiring business to private equity firm GTCR for $18.5 billion (selling 55% of Worldpay — the global payments processing business acquired by FIS for $43 billion in 2019 — to GTCR at a significant write-down from acquisition price). In fiscal year 2024, FIS reported revenues of approximately $10.1 billion (continuing revenue from Banking Solutions — core banking systems, payments processing for financial institutions, digital banking platforms — and Capital Market Solutions — asset management software, trading technology, treasury management), with CEO Stephanie Ferris (appointed CEO in January 2023 following the departure of Gary Norcross) executing the "FIS Accelerate" transformation plan to improve operational efficiency, grow recurring software revenue, and return capital to shareholders through dividends and share repurchases. FIS's remaining business (post-Worldpay) focuses on mission-critical software for banks and capital markets firms: IBS (International Banking System — core banking for large global banks), HORIZON (community bank core banking), TOTAL PLUS (credit union software), and capital markets post-trade processing for broker-dealers, asset managers, and treasury departments.

FIS's banking and capital markets software model creates competitive advantages through the mission-critical core banking system relationships that banks cannot easily exit: a large US regional bank running its core deposits, loans, and transaction accounts on FIS's IBS system has 20+ years of transaction history, customer data, and integrated reporting in FIS's database — with thousands of bank-specific customizations, regulatory reports, and interface connections to ancillary systems built on the FIS platform. Core banking system replacement (migrating from FIS to a competitor like Temenos or nCino) requires simultaneous replacement of every teller terminal, loan origination workflow, regulatory compliance report, and customer data record — a project requiring 3-5 years of planning, $100M+ implementation budget, and board-level risk approval that banks initiate rarely and only under extreme competitive pressure. FIS's payment processing for financial institutions (ACH origination, wire transfers, card processing for bank-issued debit and credit cards) generates recurring processing fee revenue from billions of annual transactions — creating infrastructure-embedded revenue streams that persist through economic cycles as long as FIS's bank customers continue operating.

In 2025, FIS competes in banking technology and capital markets software against Fiserv (NASDAQ: FISV, $20.7B revenue — dominant community bank core banking through Clover/Carat, Fiserv DNA and Premier core systems), Jack Henry & Associates (NASDAQ: JKHY, community bank Banno digital platform and SilverLake core), and Temenos (SWX: TEMN, Swiss-listed global core banking software) for large bank core banking system replacements, community bank digital banking platform adoption, and capital markets post-trade processing contracts. The Worldpay divestiture has created strategic clarity (FIS as a banking software company rather than a payment processing and banking technology hybrid) but also eliminated the high-growth merchant acquiring revenue that drove multiple expansion during the 2019-2021 fintech bull market. FIS's balance sheet (net debt reduction from Worldpay divestiture proceeds) provides capital for share repurchases that reduce share count and support EPS growth alongside organic revenue improvement. The 2025 strategy focuses on Banking Solutions revenue growth from digital banking platform adoption and payment processing volume, Capital Market Solutions renewal and expansion at sell-side and buy-side financial institutions, and FIS Accelerate operational efficiency initiatives targeting $1.5B+ in run-rate cost savings.

## Frequently Asked Questions

### What does Fidelity National Information Services (FIS) do?
FIS is a leading global provider of financial technology solutions that serves financial institutions, businesses, and developers. The company provides comprehensive banking technology including core processing, digital banking, payment processing, fraud management, and capital markets solutions. FIS processes approximately 75 billion transactions annually for more than 20,000 clients across 130 countries, facilitating the movement of roughly $9 trillion in financial transactions each year.

### Who are FIS's main customers and target market?
FIS primarily serves financial institutions including banks, credit unions, and capital markets firms, ranging from small community banks to the largest global financial institutions. The company also serves businesses that need payment processing and financial technology solutions. FIS has more than 20,000 clients worldwide across three main segments: banking solutions (retail and commercial banks), payment processing (card issuers and payment networks), and capital markets (investment banks, asset managers, and trading firms).

### When was FIS founded and what is its history?
FIS traces its origins to 1968 when Systematics was founded in Little Rock, Arkansas by Walter Smiley with backing from Jack Stephens. The company was acquired by ALLTEL in 1990, then purchased by Fidelity National Financial in 2003 and renamed Fidelity Information Services. FIS became an independent public company in February 2006 when it was spun off and began trading on the NYSE under ticker symbol FIS. The company has grown significantly through strategic acquisitions including Metavante (2009, $4.1B), SunGard (2015, $9.1B), and Worldpay (2019, $35B).

### Where is FIS headquartered and where does it operate?
FIS is headquartered in Jacksonville, Florida, and operates globally across 58 countries with a workforce of 56,000 employees. The company serves clients in more than 130 countries worldwide, providing financial technology infrastructure that powers banking, payments, and capital markets operations on a truly global scale.

### What happened with FIS and Worldpay?
FIS acquired Worldpay Inc. in 2019 for approximately $35 billion in what was then the largest fintech acquisition ever, creating the world's biggest payments and processing company. However, as part of a strategic refocusing on core banking and enterprise solutions, FIS sold a 55% stake in Worldpay to private equity firm GTCR in February 2024 for $11.7 billion. FIS retained a 45% non-controlling equity interest in the now-standalone Worldpay business while concentrating resources on its foundational banking technology and capital markets strengths.

### What makes FIS different from its competitors?
FIS differentiates itself through its comprehensive end-to-end technology stack that spans the entire financial services value chain, from core banking to payments to capital markets. The company's scale—processing 75 billion transactions annually and serving 20,000+ clients globally—provides unmatched operational experience and data insights. FIS's Future Forward strategy emphasizes innovation in AI, cloud computing, and emerging technologies while maintaining focus on operational excellence and margin expansion. The company's deep institutional relationships and proven ability to integrate major acquisitions set it apart in the competitive fintech landscape.

### Who are FIS's main competitors?
FIS competes with several major technology and financial services companies depending on the market segment. Key competitors include Fiserv (banking technology and payments), Jack Henry & Associates (community bank technology), Oracle Financial Services (banking software), Broadridge Financial Solutions (capital markets), and Temenos (banking software). In payments, prior competitors included Worldpay (now partially owned by FIS) and other payment processors like Global Payments and Total System Services (TSYS, now part of Global Payments).

### How can I contact FIS?
FIS can be contacted through their main website at www.fisglobal.com, where you'll find contact forms for sales inquiries, customer support, and general information. The company's headquarters is located in Jacksonville, Florida. For investor relations inquiries, visit investor.fisglobal.com. FIS also maintains active presence on LinkedIn and other professional social media platforms for business inquiries and updates.

### Is FIS hiring and what career opportunities are available?
Yes, FIS actively recruits talent across its global operations in 58 countries. With 56,000 employees, the company offers diverse career opportunities in technology, software development, sales, client services, finance, and operations. FIS emphasizes career mobility, allowing employees to move between different industries, capabilities, and roles within the organization. The company has diversity and inclusion programs and provides comprehensive professional development. Career opportunities can be explored at careers.fisglobal.com.

### What is FIS's financial performance and outlook?
FIS reported strong 2024 financial results with revenue of $10.1 billion (up 4% on an adjusted basis) and adjusted earnings per share of $5.22 (up 56% year-over-year). The company returned $4.0 billion to shareholders through share repurchases in 2024. For 2025, FIS projects accelerated revenue growth of 4.6% to 5.2%, adjusted EBITDA margin expansion of 40-45 basis points, and adjusted EPS growth of 9% to 11%. The company plans to repurchase approximately $1.2 billion in shares and increased its quarterly dividend by 11% to $0.40 per share.

### What is FIS's market position and size?
FIS is one of the largest financial technology companies globally and a member of both the Fortune 500 and S&P 500 Index. The company serves more than 20,000 clients across 130+ countries, processes approximately 75 billion transactions annually, and facilitates the movement of roughly $9 trillion in financial value each year. With 56,000 employees and $10.1 billion in annual revenue, FIS is a market leader in banking technology, payment processing, and capital markets solutions.

### What are FIS's future plans and strategic priorities?
FIS's Future Forward strategy focuses on several key priorities: accelerating innovation in cloud computing, artificial intelligence, and digital banking; expanding margin through operational excellence; investing in strategic partnerships like the recent Circle collaboration for stablecoin infrastructure; and returning significant capital to shareholders through dividends and buybacks. The company aims to strengthen its position as the essential technology backbone for financial institutions while adapting to emerging trends in digital finance, real-time payments, and embedded finance solutions.

## Tags

b2c, fintech, public

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*