Fidelity National Information Services
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| Fidelity National Information Services, Inc. | |
|---|---|
| Type | Public (NYSE: FIS) |
| Founded | February 1, 2006 |
| Headquarters | Jacksonville, Florida |
| Key people | William P. Foley, II - Chairman of the Board Lee A. Kennedy - President and CEO Jeffrey S. Carbiener - CFO Gary A. Norcross - President & COO Transaction Processing Services |
| Industry | Financial Sector |
| Products | mortgage loan processing, credit cards, check verification |
| Revenue | ▲$4.758 billion USD (2007) |
| Operating income | ▲$745.641 million USD (2007) |
| Net income | ▲$561.222 million USD (2007) |
| Employees | 30,000 |
| Website | http://www.fidelityinfoservices.com/fnfis |
Fidelity National Information Services, Inc. (NYSE:FIS) is a provider of core processing for financial institutions; card issuer and transaction processing, and mortgage processing services; and related information products and outsourcing.
Contents |
[edit] Company History
Fidelity National Information Services, also known as FNIS or FIS, is a public corporation formed on February 1, 2006 when Certegy Inc. merged with Fidelity Information Services, a subsidiary of Fidelity National Financial. Following the merger, Fidelity National Financial controlled 50.8% of the outstanding common stock of the new FIS.[1]
In 2007 FIS acquired eFunds Corporation (EFD) adding switching and transaction management to the stable of financial products. The result is that FIS is a leading provider of core financial institution processing, card issuer and transaction processing services, mortgage loan processing and related information products and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 31 of the top 50 global banks, including nine of the top 10.
[edit] Fidelity Information Services - Australasia
FIS Australasia processes credit cards, debit cards and/or switching services for the top seven banks in Australia as well as the largest card issuer in Thailand and two of the major New Zealand based banks. FIS Australasia has a head office in Melbourne Australia and satellite offices in Sydney, Bangkok and Wellington.
[edit] Acquisitions
After the merger with Certegy Inc., FIS completed the following acquisitions:
(1) Second Foundation, Inc. (SECF)
(2) Marketing Solutions, Inc.
(3) Lenovo-Asia Info Technologies, Inc., Financial Service division
(4) Applied Financial Technology, Inc.
(5) eFunds Corporation (EFD)
