Fidelity reshaped its portfolio, selling Worldpay and acquiring GPN's Issuer Solutions to improve business mix and earnings ...

The company’s chief financial officer was in the hot seat last week, explaining at an investor conference how he’ll bolster ...

First quarter revenue increased 2% on a GAAP basis and 2% on an adjusted basis as compared to the prior-year period to $1.7 billion, including recurring revenue growth of 3%. Adjusted EBITDA margin ...

“Worldpay couldn’t be a better complement to our merchant business.” The seller, FIS Inc., professes to be equally happy about the multi-dimensional deal, which also involves FIS’s agreement to pay ...

Q1 2025 Earnings Call Transcript May 6, 2025 Fidelity National Information Services, Inc. beats earnings expectations. Reported EPS is $1.21, expectations were $1.2. Operator: Thank you for standing ...

Eight years later, Vantiv announced it would acquire Worldpay for $10.4 billion. Ferris was named chief financial officer of the combined entity. In early 2019, Fiserv Inc. - a top rival to FIS - ...

Banking and payments processing firm Fidelity National Information Services forecast second-quarter profit below Wall Street estimates on Tuesday, reflecting concerns of dampened consumer spending as ...

Genius is being showcased shortly following Global Payments' April deal to sell its issuer business to FIS for $13.5 billion while acquiring Worldpay from investment firm GTCR and FIS for $22.7 ...

Fidelity National Information Services Inc (FIS) surpasses expectations with robust revenue growth and strategic acquisitions, despite challenges in professional services.

Strategically, we see this as a good move for FIS. We like the idea of making a clean break with Worldpay, as that minority stake represented a material portion of FIS' overall value and investors ...

agreed April 17 to acquire Worldpay from private equity firm GTCR and payments industry giant Fidelity National Information Services, known as FIS. Global Payments will have full ownership of ...

The ‘scale’ play hasn’t worked out as intended in the past, the note said, pointing to FIS’s own troubled history with Worldpay. RBC flagged potential disruption over the next 12–18 ...