FIS to Provide Cadence Bank Hosted Core Banking Solution
Fidelity National Information Services, Inc. (FIS)
Last fidelity national information services, inc. earnings: 2/13 07:00 am
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Source: Business Wire
Key facts:Cadence Bank will transition from an on-premises core banking platform to a FIS-hosted solution.FIS private cloud core banking solution will deliver efficiency, scalability, and a risk-mitigated modernization strategy for the bank. JACKSONVILLE, Fla.--(BUSINESS WIRE)--Financial technology leader FIS® (NYSE: FIS) announced that Cadence Bank (NYSE: CADE) and FIS have agreed to transition its on-premises core banking platform to a FIS-hosted solution as the bank accelerates its modernization efforts.Tupelo, Mississippi-based Cadence was founded in 1876 in the back of a hardware store, and today holds more than $48 billion in assets and services more than 400 full-service branch locations across the southern United States.The bank will move to a FIS-hosted solution to gain operational efficiencies as well as the ability to scale its offering as the bank continues to grow its business. This flexibility will help Cadence be better positioned to meet the future needs of its cust
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News
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- FIS Named as One of the Most Trustworthy Companies in America for Second Consecutive YearBusiness Wire
- Fidelity National Information Services, Inc. (NYSE: FIS) had its price target raised by analysts at Bank of America Co. from $79.00 to $84.00. They now have a "buy" rating on the stock.MarketBeat
FIS
Earnings
- 2/26/24 - Beat
FIS
Sec Filings
- 4/23/24 - Form 4
- 4/17/24 - Form 4
- 4/5/24 - Form 8-K
- FIS's page on the SEC website