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Stock impact report

FIS Closes $13.5 Billion Fintech Deal, Launches Agentic Commerce [Forbes]

Fidelity National Information Services, Inc. (FIS) 
Last fidelity national information services, inc. earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.fisglobal.com
Company Research Source: Forbes
On Monday, fintech giant Fidelity National Information Services (FIS) announced it closed its $13.5 billion acquisition of Global Payments' Issuer Solutions business (formerly TSYS) ahead of schedule, while simultaneously completing the sale of its remaining minority stake in Worldpay to Global Payments. Then FIS did what most legacy fintechs don't do at the moment a transaction closes: it shipped product. Alongside the closing, FIS announced a new “agentic commerce” offering for banks, built in partnership with Visa and Mastercard, designed to let AI agents initiate and safely conduct transactions across the card networks, according to the company. The speed was not an accident, FIS President and CEO Stephanie Ferris told me in a follow-up interview. The market moved, the technology moved, and the window to lead moved with it. “There's two trends that since that time are coming together and actually creating what I would call a generational moment in financial services,” Fer Show less Read more
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