Banking and payments technology vendor FIS has completed its $9.3 billion acquisition of SunGard, marking a new chapter for the technology and services giant with many operations offerings for securities firms. The acquisition “uniquely positions [FIS] to offer a broad range of retail, enterprise and wholesale banking and payments capabilities that will further empower the… Read More >>
FIS CEO: Get Ready for ‘Massive Disruption’
(Editor’s note: This is the second part (click here for part I) of a FTF News Q&A with Gary Norcross, president and CEO of banking and payments technology provider Fidelity National Information Services (FIS), which is acquiring financial products and services giant SunGard for $9.1 billion. In this installment, Norcross addresses the importance of disruptive… Read More >>
FIS CEO: SunGard’s InvestOne Woes Won’t Stop Acquisition
(Editor’s note: As the world learned in mid-August, financial products and services giant SunGard sidestepped an initial public offering as banking and payments technology provider Fidelity National Information Services (FIS) announced that it is acquiring the Wayne, Pa.-based vendor for $9.1 billion in a combination of stock and cash. FTF News checked in with Gary… Read More >>
