FIS Tops FinTech 100 Ranking of Financial Services Technology Providers for Second Consecutive Year
- Top ranking underscores FIS ability to connect a financial institution to its customers anywhere they touch money or perform financial transactions
- Third time in last six years that FIS has held the No. 1 position
- Investments in personalization, information security and change technologies highlight FIS commitment to enhance its clients success and drive value for their customers
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- For the second year in a row, FIS" (NYSE:FIS), the worlds largest provider of banking and payments technology, has achieved the No. 1 ranking on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. This marks the third time in the last six years that FIS has held the top position in the ranking by American Banker, Bank Technology News and research firm IDC Financial Insights.
Technology continues at the forefront of the industry, and FIS is investing in personalization, information security and change technologies that are driving our clients success, said Frank Martire, FIS chairman and CEO. Were helping our clients realize greater efficiencies, profitability and customer loyalty while empowering their customers with dynamic financial services experiences.
The FinTech 100 ranks vertical technology vendors that derive more than one-third of their revenue from the financial services industry. FIS perennial place at the top of the FinTech 100 reflects the companys ability to meet the technology needs of financial institutions of all sizes. The companys continued investment in innovation underscores its long-term promise of helping to enhance its clients success.
In a challenging and competitive environment, FIS maintained its top position among leading global financial technology providers. Financial institutions are relying more than ever on technology providers for innovative and effective solutions to run their businesses more efficiently and the leaders of the FinTech 100 excel in meeting those demands, said Karen Massey, senior analyst, IDC Financial Insights.
Retaining the top rank highlights FIS position as a global leader. The company has also been the recipient of 10 industry awards in 2012 for solution and service excellence.
Even in todays challenging economy, were planning for tomorrow, added Martire. Thats because our clients must have the technologies, solutions and services to thrive in a dynamic marketplace. FIS is driven by the ability to connect a consumer to their financial institution anywhere they touch money or perform a financial transaction, and we promise to provide our clients with the financial services, technologies and innovations they need to continue to grow their customer bases for years to come.
To view FIS feature article in the FinTech Special report, visit www.AmericanBanker.com/fintech100.
FIS (NYSE:FIS) is the worlds largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a member of Standard & Poors 500® Index. For more information about FIS, visit www.fisglobal.com.
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the Statement Regarding Forward-Looking Information, Risk Factors and other sections of the Companys Form 10-K and other filings with the Securities and Exchange Commission.
Kim Snider, 904.438.6278
FIS Global Marketing and Communications
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
Source: Fidelity National Information Services (FIS)Copyright Business Wire 2012