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Fidelity Information Services ( FIS ), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay , the global eCommerce and payments company, in a roughly $35 billion dollar deal. For Worldpay, it expands its distribution footprint and accelerates its entrance into new regions.
The upcoming launches in the Midwest – in one city that is considered the capital of the region, and in another that is a growing destination for young, digitally-minded professionals, including those priced out of the Chicago housing market – represent more significant progress for the new mobile network technology. 5G Potential.
FIs and other players in Asia-Pacific will need to make decisions on their faster payments approach quickly, as several initiatives are taking shape in the region. Jacksonville Jumbo Shrimp Hit A Payments Home Run. Around The Faster Payments World.
Not keeping up with a core vendor’s releases can also be costly to a community bank if it doesn’t leverage them, as releases often provide critical and important regulatory, compliance and feature function updates, says Maria Schuld, division executive, Americas Banking Solutions at FIS, which is headquartered in Jacksonville, Fla.
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