Fidelity National Information Services, Inc. (FIS)

What does FIS own?
FIS owns its banking software, capital markets technology, and card issuer processing businesses, including the FIS Total Issuing Solutions segment acquired in January 2026. It sold its remaining Worldpay stake the same month and no longer owns Worldpay.

Is FIS publicly traded?
Yes. It trades on the New York Stock Exchange under ticker FIS and is a member of the S&P 500.

When was FIS founded?
Its lineage dates to 1968 through acquired companies, but Fidelity National Information Services as an entity formed through mergers in the mid-2000s, with Metavante (2009), SunGard (2015), and Worldpay (2019) shaping the modern company.

Who owns FIS?
Public shareholders own it. Stephanie Ferris is president and CEO. It has no connection to Fidelity National Financial or Fiserv despite similar names.

What is FIS's market position?
It is one of the largest bank technology providers globally, a top-tier core banking and issuer processing vendor serving financial institutions in more than 100 countries.

Did FIS sell Worldpay?
Yes. FIS sold a majority stake to GTCR in 2023-24 and its remaining 45% in January 2026, using the proceeds partly to buy the issuer processing business now called FIS Total Issuing Solutions.

FIS's corporate lineage runs through dozens of acquisitions, but its identity coalesced through two big deals. Fidelity National Financial built a financial services technology arm through the early 2000s, merging it with Certegy in 2006 to form Fidelity National Information Services. The 2009 acquisition of Metavante, a core banking and payments processor, made it a top-tier banking technology provider.

Two transformative deals followed. The 2015 acquisition of SunGard for approximately $9.1 billion added capital markets technology. The 2019 acquisition of Worldpay for approximately $43 billion, the largest payments deal at the time, briefly made FIS a merchant acquiring giant.

The strategy then reversed: FIS sold a majority stake in Worldpay to GTCR in 2023 to 2024 and unloaded its remaining 45% in January 2026, simultaneously acquiring the Global Payments issuer processing business, rebranded FIS Total Issuing Solutions. The result is a company refocused on bank and capital markets software plus issuer processing rather than merchant acquiring.

2025 produced $10.7 billion in GAAP revenue, up 5%, with the Worldpay sale generating a $2.2 billion gain. Q3 2026 showed the combined company at $3.45 billion in revenue with adjusted EBITDA margin of 42.9%, though management cut full-year guidance on client implementation delays and bank consolidation headwinds.