Worldpay merchant business to expand its payment processing capabilities into UAE
FIS (NYSE:FIS) announced today its Worldpay merchant business will be expanding its payment processing capabilities into the United Arab Emirates.
FIS (NYSE:FIS) announced today its Worldpay merchant business will be expanding its payment processing capabilities into the United Arab Emirates.
Former Worldpay CEO Charles Drucker will become CEO of Merchant Solutions business after the spin-off.
Keith W. Hughes, a director of Fidelity National Information Services, Inc., notified the company of his resignation from the Board.
FIS today announced the appointments of Lee Adrean and Mark Benjamin to the Company’s Board of Directors, effective January 20, 2023.
Stephanie L. Ferris, previously announced as incoming Chief Executive Officer, will succeed Gary A. Norcross effective December 16, 2022.
On a GAAP basis, FIS’s revenue increased by approximately $100 million, or 3% as compared to the prior-year period, to $3.6 billion.
Stephanie Ferris, current FIS President and 28-year fintech veteran, is appointed to the role of President and CEO effective January 1, 2023.
The new service leveraged Provable Markets’ Aurora, and connectivity and integration from FIS to clear the first trade.
The launch of Worldpay for Platforms combines the power of FIS’ global merchant and banking solutions into one platform.
FIS is launching a Central Bank Digital Currencies Virtual Lab that will allow countries to pilot and accelerate live CBDC implementations.