FIS Facts
FIS Scope and History
With a more than 45-year history deeply rooted in the financial services industry, FIS™ reaches well beyond geographic and cultural borders in countries throughout the world. Our work and vision continue to expand with a strategy that has given FIS one of the most comprehensive solution sets in its industry.
Propelled by the skill and energy of industry experts more than 33,000 strong, FIS holds leadership positions in payment processing, core banking solutions and risk management services in multiple markets and geographies. From this position of strength and leadership, FIS plans to continue to provide the innovation, ideas and expertise that drive our industry’s progress and enable our clients to meet the increasing pace of change in the global marketplace.
In an industry of giant generalists and niche specialists, FIS offers the best of both — the breadth of products and depth of knowledge to solve any problem, and the scale and focus to handle the most complex problems with expertise and outstanding customer service.
- FIS is the world’s largest provider of banking and payments technology.
- FIS traces its roots to the 1960s, with the inception of data processing operations at Marshall & Ilsley (M&I Bank) in 1964 and the launch of the Systematics core banking solution in 1968.
- A former subsidiary of Fidelity National Financial (FNF), FIS was spun off into a separate, publicly traded and NYSE-listed company (NYSE:FIS) in 2006.
- FIS is a member of Standard & Poor's (S&P) 500 Index and ranked first in the 2011 FinTech 100.
- Headquartered in Jacksonville, Fla., FIS employs 32,000+ employees in 29 global operating centers throughout Latin America, Europe, the Middle East, Africa, Asia and Australia.
- FIS’ annual revenue in 2010 was $5.3 billion.
- In 2011, FIS received the third place ranking in the 2011 Barron’s 500 and the ranking of 426 in the 2011 Fortune 500. In addition, FIS was ranked 967 on the Forbes Global 2000 list.
Markets Served
From large, global institutions to credit unions and community banks, FIS can deliver both the breadth of products and depth of knowledge to solve any client’s problem. The company’s significant scale and intellectual property enables FIS to handle the most complex problems with expertise and outstanding customer service in the areas of:
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FIS Market Penetration
- FIS serves more than 14,000 organizations in the financial services, healthcare, government and retail industries in over 100 countries.
- FIS serves many non-financial institution clients, including 18 of the top 25 national retailers.
- FIS holds leadership positions in payment processing, core banking solutions and risk-management services in multiple markets and geographies.
- FIS is the No. 1 core processing provider in Russia and China.
- FIS is the No. 1 retail core processor in Germany.
- FIS is a leading provider of third-party card processing in Brazil, Australia, New Zealand and Thailand.
- FIS’ financial technology solutions support more than 2,800 core processing customers.
- As of June 2011, there are 7,386 total domestic credit unions (according to Callahan & Associates) – of this, 5,288 are clients using one or more FIS product.
- Globally, FIS supports more than 64 million credit card accounts, 42 million loyalty accounts, 130 million prepaid cards and 77 million debit cards.
- FIS supports more than 360,000 ATMs globally and over 2 million POS locations through its NYCE EFT/PIN-debit network.
- FIS is at the forefront of the loyalty market with more than 6,000 debit, credit and checking account loyalty and rewards programs.
- In 2010, FIS processed more than 280 million electronic payments.
- In 2010, FIS processed more than 750 million prepaid card transactions, representing over $34 billion in value.
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