What is FIS for banking?

Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services.

en.wikipedia.org - FIS (company) - Wikipedia

What top 5 survival items would you equip yourself with to survive in the wild?

10 Things You Need Survive In the Wilderness (Survival Gear... Water. More than 70 percent of the human weight is water. ... Food. ... Knife. ......

Last updated Sep 29, 2019

Can I sleep in my caravan anywhere?

As far as most motorhome and campervan experts can say, there is currently no specific legislation or law to prevent you from sleeping in a vehicle...

Last updated Dec 4, 2021

Promotion

American information technology company

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 2020 it offers its solutions in three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. Annually, FIS facilitates the movement of roughly $9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.[2] FIS was ranked second in the FinTech Forward 2016 rankings.[3] After finalizing FIS' most recent deal to acquire Worldpay for $35 billion in Q3 of 2019, FIS became the largest processing and payments company in the world.[4]

Operations [ edit ]

FIS has a portfolio of products for the financial services sector, including both retail and investment banking.[5] They include "Profile" ― a banking application based on the open source GT.M, a transaction processing database engine maintained by FIS.[6]

Mergers and acquisitions [ edit ]

Throughout its history FIS has made many acquisitions.[7] Its largest to date would have been the reported merger with Global Payments, a deal estimated around US$70 billion, but which fell apart at the last minute in December 2020.[8]

Finances [ edit ]

A 50% year-over-year increase in Quarterly Revenue was reported in FIS' Q1 2020 Earnings Report climbing from $2.07 billion to $3.01 billion, while Adjusted Net Earnings more than doubled (+112%) from $378 Million to $802 Million. According to FIS Q1 2020 Earnings Report, a majority of these substantial increases can be attributed to the historically massive $35 billion merger/acquisition deal with Worldpay Inc. which closed in Q3 2019.[30] For the fiscal year 2017, FIS reported earnings of US$1.319 billion, with an annual revenue of US$9.123 billion, a decrease of 1.3% over the previous fiscal cycle. FIS shares traded at over $106 per share, and its market capitalization was valued at over US$33 billion in November 2018.[31]

Year Revenue

in mil. USD$ Net income

in mil. USD$ Total Assets

in USD$ Employees 2005 2,688 197 4,189 15.77 2006 2,417 259 7,631 18.08 2007 2,893 561 9,795 22.46 2008 3,360 215 7,500 17.28 2009 3,711 106 13,998 18.23 2010 5,146 405 14,176 23.27 2011 5,626 470 13,873 25.85 2012 5,796 461 13,550 29.22 2013 6,063 493 13,960 40.54 38,000 2014 6,413 679 14,521 52.41 40,000 2015 6,596 632 26,200 62.80 55,000 2016 9,241 568 26,031 69.40 55,000 2017 9,123 1,319 24,517 86.11 53,000 2018 8,423 846 23,770 102.55 47,000 2019 10,333 298 83,806 139.09 55,000 2020 12,552 158 83,842 141.46 62,000 2021 13,877 417 82,931 109.15 65,000

Controversies [ edit ]

On July 3, 2007, Certegy Check Services, part of FIS, announced that a worker at one of its subsidiaries stole 2.3 million consumer records containing credit card, bank account, and other personal information.[32] This estimate was later increased to 8.5 million consumer records. The next month, a law firm filed a class-action lawsuit against CCS and parent company FIS based on the privacy breach; the firm claims that, since CCS provides check-verification services to many major U.S. stores, "consumers do not choose to use the services of these companies but rather are forced to do so".[33] In August 2011, Florida based eFunds Prepaid Solutions, part of FIS, was the victim of a sophisticated cyberattack that saw hackers steal $13 million from ATMs using 22 stolen prepaid cards belonging to a single client of FIS.[34]

Is there a day when no one was born?

February 3rd is the only day where no one in history has ever been born. Despite much scientific study, there is no explanation for this phenomena....

Last updated Dec 8, 2022

What triggers fast metabolism?

Physical activity: Walking, chasing after your kids, playing tennis and other forms of exercise cause your body to burn more calories than being...

Last updated Jul 2, 2022

Promotion

How do pilots see at night if airplanes don't have front lights?

Flying a plane is nothing like driving a car, and pilots do not use headlights to guide their way when they're at cruising altitude, tens of thousands of feet in the air. The blinking LED light visible from the ground actually serves a beacon to help other pilots spot the plane in the air.

southernliving.com - Can Pilots Actually See Anything At Night? - Southern Living

If you've ever gazed out your window into the inky blackness during a nighttime flight, you've probably wondered how the pilots are able to see anything from the cockpit. Flying a plane is nothing like driving a car, and pilots do not use headlights to guide their way when they're at cruising altitude, tens of thousands of feet in the air. The blinking LED light visible from the ground actually serves a beacon to help other pilots spot the plane in the air. So, in the traditional sense at least, once the sun sets, pilots fly blind. "Many times when I am making oceanic crossings at night, there is nothing outside the windshield but blackness for hours on end," pilot and flying instructor, Tim Sanders, recently explained to The Telegraph.

WATCH: These Are The Three Best Seats On An Airplane

"As pilots learnt the art of science and flight, we have to make a transition to using our flight instruments, navigation sensors and weather sensors (primarily radar) to substitute for normal vision during night or other times when in cloud for instance," Sanders continued. Even though they don't have headlights per se, planes do come with plenty of illumination. According to The Telegraph, these lights not only help the pilot land at night, they help make the plane visible to other plans in the area. In addition to anti-collision beacon lights (the ones you see flashing from the ground) planes also come equipped with red and green LEDs on each wing to indicate to other aircraft at night which direction the plane is facing: green for right, and red for left.

Wild right?

What country can I live like a king?

For those not yet looking to retire, they make good vacation getaways as well: Cuenca, Ecuador. ... Coronado, Panama. ... San José, Costa Rica. ......

Last updated Sep 28, 2022