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Fidelity National Information Servi... (FIS)
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FIS Partners with Banks and Credit Unions to Speed Relief to U.S. Small Businesses and Merchants Impacted by Coronavirus
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Financial services technology leader FIS™ (NYSE: FIS) announced today that it is enabling the ability for U.S. banks and credit unions to provide loans and other critical economic relief to small businesses and merchants under the U.S. Small Business Administration (SBA) Paycheck Protection Program within the Coronavirus Aid, Relief, and Economic Security (CARES) Act enacted this week by the U.S. Department of Treasury. The Payroll Protection Program authori
Fidelity Continues to Grow Inorganically Despite High Costs
Fidelity's (FIS) planned buyout of Worldpay will likely help it diversify revenues and expand presence in fast-growing markets. Yet, rising costs due to investment in technology are concerning.
Crores of rupees stolen from ATM; how safe is your money in banks?
The misery of the Indian banking sector is not limited to the banks as even ATMs are not immune to incidents of theft and loot. Around Rs 54 crore has already been lost in ATMs, in-branch or in-transit phase for scheduled commercial banks and a few financial institutions (FIs) in the current fiscal year till […]
Fidelity National (FIS) Down 15.8% Since Last Earnings Report: Can It Rebound?
Fidelity National (FIS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Meet 5 startups backed by the likes of Andreessen Horowitz and Mark Cuban that are using automation to help consumers chip away at debt and start saving
Rising credit card debt and student loans are a daily concern for many consumers and with outstanding debt, it can be hard for consumers to save. A wave of startups have cropped up offering their users automated ways to pay down debt and start saving. From rounding up transactions to the nearest dollar to putting away $0.50 cents a week, these startups are helping consumers start small with the backing of investors like Citi Ventures, Andreessen Horowitz, and Shark Tank's Mark Cuban. Click here for more BI Prime stories . For many, credit card debt and student loans are a daily concern. With millennials facing an affordability crisis and US credit card debt reaching record highs , many consumers struggle to balance day-to-day expenses, paying down debt, and saving. And budgeting down to the cent to find a few extra dollars here or there is time-consuming. Now, startups are stepping in offering consumers ways to pay down debt faster and start saving. Using automation, these apps link into users' bank accounts and loans to find opportunities to pay down debt or save.
FIS Chief Risk Officer Greg Montana Co-Authors Incident Response Section of Newly Released Board Handbook on Cyber-Risk Oversight
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Technology leader FIS™ (NYSE: FIS) announced today that its Chief Risk Officer Greg Montana has co-authored the Incident Response section of the 7th edition of the “Director’s Handbook on Cyber-Risk Oversight,” released last week by the Internet Security Alliance (ISA) and the National Association of Corporate Directors (NACD). The guidebook, available on four continents and in five languages, provides comprehensive guidance and tools to help boards enhance
Lendio plans to use $55 million in fresh funding to expand its bookkeeping platform
This story was delivered to Business Insider Intelligence Fintech Pro subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. The funding round for the US fintech, which operates a marketplace for small business loans, included $31 million in equity led by Mercato Partners' Traverse Fund and a $24 million debt facility from Signature Bank, per a press release seen by Business Insider Intelligence. Lendio also operates a separate bookkeeping platform called Sunrise and has a lender service division. The oversubscribed equity round included participation from Napier Park Financial Partners, Comcast Ventures, and Blumberg Capital. Since being founded in 2011, Lendio has facilitated over 100,000 loans totaling over $2 billion. Small businesses using Lendio's platform have to complete an online application that typically takes 15 minutes and is processed by the fintech's machine learning algorithms, which match the applicant with a range of suitable lenders.
Alpine Skiing: World Cup Finals to be held without fans due to coronavirus
STOCKHOLM: The alpine skiing World Cup Finals scheduled for next month in Italy will take place without any fans on the slopes due to the coronavirus outbreak, an International Ski Federation (FIS) official told Swedish television on Wednesday (Feb 26). The event will be held between Mar 18-22 in …
FIS continues European securities finance sales hires
So far this year, FIS has welcomed a new sales team members from EquiLend and IHS Markit to promote its securities finance and collateral management services across Europe
FIS continues European sales hires
So far this year, FIS has welcomed new sales team members from Broadridge, EquiLend and IHS Markit to promote its securities finance and collateral management services across Europe
Fidelity National Information Servi... (FIS)
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