BREAKING FIS Q1 2026: revenue up ~30% to $3.3B Free cash flow doubles to $474M AI FIS partners with Anthropic on banking agent - a first in financial services 20,000+ institutions served across 100+ countries 50,000+ employees worldwide NYSE: FIS · Headquartered in Jacksonville, FL STRATEGY Worldpay exit completed - FIS refocuses on banking & capital markets BREAKING FIS Q1 2026: revenue up ~30% to $3.3B Free cash flow doubles to $474M AI FIS partners with Anthropic on banking agent - a first in financial services 20,000+ institutions served across 100+ countries 50,000+ employees worldwide NYSE: FIS · Headquartered in Jacksonville, FL STRATEGY Worldpay exit completed - FIS refocuses on banking & capital markets
FIS (Fidelity National Information Services) logo
Fintech Core Banking NYSE: FIS
Company Profile · Financial Technology

FIS Fidelity National Information Services - the invisible engine of finance

Advancing how the world pays, banks and invests - software that runs quietly behind more than 20,000 financial institutions.

PHOTOGRAPH: THE FIS CORPORATE MARK · Jacksonville, Florida · the six-word thesis behind it - money at rest, in motion and at work.
1968
Founded
20,000+
Institutions Served
100+
Countries
50,000+
Employees
The Story

The company you never see, running the money you use every day

FIS is one of the largest financial technology companies most people have never heard of. When a paycheck lands, a debit card clears, a fraud alert fires or a trade settles, there is a reasonable chance a Fidelity National Information Services system was somewhere in the chain. The company sells the software and processing that banks, credit unions, lenders, asset managers and corporates depend on - and it does so almost entirely out of view of the consumers those institutions serve.

Headquartered in Jacksonville, Florida, and traded on the New York Stock Exchange under the ticker FIS, the company organizes its sprawling product line around a single, unusually clear idea: money exists in three states - at rest (deposits and accounts), in motion (payments and transfers) and at work (investing and capital markets). FIS builds technology for all three.

That breadth is the point. A regional bank can license a core banking platform, add card issuing and fraud tools, and plug into real-time payment rails without building any of it in-house. An asset manager can run trading, custody and treasury software from the same vendor. FIS turns dense, regulated financial infrastructure into something institutions can actually buy and ship.

"The most important innovations in financial technology right now - AI, digital currency, data - are all running through FIS."
Stephanie Ferris · Chief Executive Officer
Who It Serves

Customers, and the problems FIS solves for them

FIS serves more than 20,000 institutions in over 100 countries: global and money-center banks, US regional and community banks, credit unions, commercial lenders, asset managers, custodians, treasurers, clearing agents, corporates and developers. Its customers share a common problem - modern finance demands software that is reliable, secure, compliant and always on, but building that software from scratch is prohibitively expensive.

Problem 01

Small banks, big-bank expectations

Community banks and credit unions need the same digital experience customers get from a megabank. Shared FIS core platforms give them modern tools at a scale they could never build alone.

Problem 02

Payments that never sleep

Cards, transfers and real-time payments must clear 24/7 across borders and networks. FIS runs the processing and money-movement rails that keep transactions flowing.

Problem 03

Fraud and risk in real time

Every transaction is a potential attack surface. FIS layers real-time fraud detection, compliance and risk tooling on top of the payments and banking flows it powers.

Problem 04

Complexity in capital markets

Asset managers, custodians and treasurers juggle trading, settlement and reporting. FIS provides the specialized software - much of it inherited from its 2015 SunGard acquisition.

Products & Services

Money at rest, in motion and at work

The FIS catalog is broad, but it maps cleanly onto those three states of money. Here is how the major pieces fit together.

At Rest

Core & Digital Banking

Core processing and digital banking platforms that run deposit, loan and account systems for banks and credit unions of every size.

In Motion

Card & Retail Payments

Card issuing, processing, electronic funds transfer and network services for institutions and merchants.

In Motion

Money Movement

Account-to-account transfers and real-time payment rails connecting institutions and their customers.

Protect

Fraud & Risk Management

Real-time fraud detection, compliance and risk analytics across payments and banking.

At Work

Capital Markets

Trading, custody, treasury and clearing software for asset managers, traders and clearing agents.

At Work

Wealth & Retirement

Technology for wealth management and retirement providers.

2026 · New

AI Banking Agent

An AI-powered banking capability built with Anthropic - described by FIS as a first in financial services, expected in market in the second half of 2026.

Model

Recurring Revenue

Software licenses, SaaS subscriptions and per-transaction processing fees under long-term institutional contracts.

By The Numbers

A refocused, cash-generative business

After acquiring payments giant Worldpay for about $43B in 2019 and then divesting it between 2023 and 2025, FIS has refocused on banking and capital-markets technology. Recent revenue figures (approximate, per public reporting):

FY2025
~$10.7B
Q1'26
~$3.3B
FCF Q1
$474M
Figures approximate, drawn from public reporting. Bars are illustrative and not to a single common scale.
The Landscape

How FIS stands apart - and who it competes with

FIS competes in a market defined by scale, trust and switching costs. Core banking contracts run for years, and migrating off a platform is a major undertaking - which favors incumbents that can offer breadth across banking, payments and capital markets under one roof. Its chief rivals span several categories:

RivalWhere they overlap with FIS
FiservCore banking & payment processing for US financial institutions
Jack Henry & AssociatesCore systems for community and regional banks
Global PaymentsMerchant and card payment processing
Temenos / FinastraCore banking software, especially internationally
Oracle Financial ServicesEnterprise banking platforms
ACI WorldwideReal-time and electronic payment systems

FIS's edge is the combination of that breadth with deep incumbency: many institutions already run one FIS system, making it easier to add another. Its 2026 move into AI-native banking tools, including the Anthropic partnership, is an attempt to keep that incumbency durable as the technology stack shifts.

The Long Game

From a Little Rock startup to a Fortune 500 fintech

1968

Systematics founded

Walter M. Smiley launches Systematics in Little Rock, Arkansas, renting IBM mainframe time so small banks can afford computerized operations.

2003

Fidelity National Financial acquires the business

The title-insurance giant buys the company and renames it Fidelity Information Services (FIS).

2009

Metavante acquisition

FIS absorbs Metavante, expanding its banking and payments footprint.

2015

SunGard acquisition

FIS enters capital-markets technology for asset managers, traders, custodians and clearing agents.

2019

Worldpay acquisition

FIS buys payment processor Worldpay for about $43B - one of the largest fintech deals ever.

2023-2025

The Worldpay exit

FIS sells Worldpay to private-equity firm GTCR in stages, refocusing on banking and capital markets.

2026

AI partnership with Anthropic

FIS announces an AI banking agent and reports strong Q1 2026 results.

Worth Knowing

Details that amuse and inform

Questions

Frequently asked

What does FIS do?

FIS provides financial technology - core banking software, card and payment processing, fraud and risk tools, and capital-markets platforms - to financial institutions and businesses worldwide.

Where is FIS headquartered?

FIS is headquartered in Jacksonville, Florida, and operates in more than 100 countries.

Is FIS a public company?

Yes. FIS trades on the New York Stock Exchange under the ticker FIS.

What happened to Worldpay?

FIS acquired Worldpay in 2019 for about $43B, then divested it in stages between 2023 and 2025 to refocus on banking and capital-markets technology.

Who are FIS's main competitors?

Chief rivals include Fiserv, Jack Henry & Associates, Global Payments, Temenos, Finastra and ACI Worldwide.

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