Fidelity National Information Services, Inc. provides solutions to financial institutions, businesses, and developers worldwide. It operates through three segments: Banking Solutions, Capital Market Solutions, and Corporate and Other. Its offerings include core processing and ancillary applications, mobile and online banking, fraud and risk management, compliance, card and retail payment, electronic funds transfer and network, wealth and retirement, item processing and output, as well as trading and assets, lending, leveraged and syndicated loan markets, and treasury and risk solutions. Founded in 1968, the company is headquartered in Jacksonville, Florida.
Q2 beat but 2026 guidance cut FIS beat Q2 earnings estimates and grew revenue 5.3%, but cut full-year 2026 revenue and EPS guidance. The cut signals slower expected growth ahead, which pressures the stock, though strong free cash flow and a raised cash outlook provide some support.
This is the core financial update that directly moves FIS's valuation and investor expectations.
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Digital One Commercial platform goes global FIS launched its Digital One Commercial platform in Asia-Pacific, completing a global rollout. A major APAC bank already uses it across 15 countries for 350,000 business customers. This expands FIS's reach in a growing corporate banking IT market, supporting future revenue.
New product rollout that opens a large regional market and demonstrates real customer adoption.
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Ericsson partnership for wallet services FIS and Ericsson teamed up to integrate FIS payments with Ericsson's fintech platform, making it easier for clients to launch digital wallets. Ericsson brings 131 million users and $80 billion in monthly transactions, giving FIS a new channel to reach more customers.
A new partnership that expands FIS's addressable market in wallet-led financial services.
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First embedded banking platform for banks FIS launched its first embedded banking platform, letting banks offer accounts and payments inside corporate software. This opens a new product line and helps banks keep business customers, potentially driving new demand for FIS's services.
New product launch that positions FIS in the growing embedded finance market.
Q3 2026
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FIS beats Q2 but cuts guidance as crypto flows stay choppy
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Q2 beat and product launches FIS beat Q2 estimates with 5.3% revenue growth and launched its Digital One Commercial platform globally, showing its core business is still expanding and winning new customers.
This is a key positive event that drove sentiment during the quarter.
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New partnerships and AI security FIS won Frankfurt International Bank as a cloud treasury client, joined Anthropic's Project Glasswing for AI security, partnered with Ericsson on digital wallets, and introduced its first embedded banking platform.
These deals and innovations support future growth and were new developments in the quarter.
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Guidance cut pressures stock FIS cut its full-year 2026 revenue and EPS guidance, signaling slower growth ahead and pressuring the stock despite the Q2 beat.
This was a major negative driver that weighed on the stock price.
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Choppy crypto ETF flows Crypto ETF flows remained choppy with daily outflows despite broader weekly inflows, affecting FIS's crypto-related revenue and adding volatility to its outlook.
This external factor created uncertainty for FIS's crypto exposure.
News & notes movingFIS
United States
FIS
FIS Ties Dividend Growth and Buyback Return to 2.8x Gross Leverage Target
Fidelity National Information Services is carrying $21.2 billion in total debt after its acquisition of the Total Issuing Solutions business from Global Payments and the sale of its remaining 45% Worldpay stake, and management has publicly committed to a target of approximately 2.8x gross leverage. That ratio, not the payout ratio, is the gatekeeper for when dividends grow and buybacks resume, since dollars used to pay down debt are unavailable for shareholder returns. FIS cut its quarterly dividend from $0.52 in 2023 to $0.36 in 2024 following the Worldpay separation, then climbed back to $0.40 in 2025 and $0.44 in 2026, a 10% increase approved by the Board in January that gives an annualized forward payout of $1.76. Buybacks have already slowed sharply, with $42 million in the second quarter compared with $301 million in Q3 25 and $291 million in Q4 25, and tuck-in M&A is on hold. Pro forma gross leverage stood at 3.4x post-close, and CFO James Kehoe said on the Q2 call that the leverage ratio decreased 3.5 times while the company returned $270 million to shareholders, primarily through dividends. Dividend-per-share growth is targeted to track adjusted EPS growth, guided at 7.0-8.5% for 2026, against trailing twelve-month free cash flow of $2.2 billion and Q2 2026 dividends paid of roughly $228 million, while shares are down 46.67% year to date.
FIS · Capital · Neutral FIS ties dividend growth and buyback resumption to hitting its ~2.8x gross leverage target after $21.2B debt from the Total Issuing Solutions deal and Worldpay stake sale, with buybacks already slowed and M&A on hold.
FIS Signs Five New Banks, Wins Core Mandate From $100 Billion-Plus Institution
Fidelity National Information Services said its core banking business is gaining traction as banks launch, merge and modernize their technology, signing five newly chartered banks in the first half of 2026, including Mercury, which has conditional approval for a national bank charter and FDIC deposit insurance approval. FIS also won the core banking mandate for a newly formed U.S. institution with more than $100 billion in assets. Two top-15 U.S. banks completed proofs of value for FIS' enterprise platform strategy, which lets banks progressively adopt modern capabilities, including AI, while preserving the stability of their existing core environments. The wins come as the FDIC approved 14 deposit insurance applications in the year through April 2026, twice the number approved during calendar 2025, signaling renewed de novo activity in banking. FIS shares have declined 44.6% year to date, and the stock carries a Zacks Rank #4 (Sell).
Cloud & Digital Infrastructure › Vertical SaaS ▲Demand
FIS · Demand · Positive FIS signed five newly chartered banks and won a core banking mandate from a $100B-plus institution, concrete new customer wins for its core banking platform
Piper Sandler names Q2 Holdings preferred pick in payments coverage
Piper Sandler initiated coverage of financial infrastructure and specialized payments companies on Thursday, naming Q2 Holdings its preferred stock with an Overweight rating and an $82 price target that implies about 36% upside from its recent share price. The brokerage cited recurring revenue growth, improving margins and stronger free-cash-flow conversion, and said earnings growth and margin expansion should drive gains without a return to the elevated valuation multiples the stock commanded historically. Q2's subscription revenue accounted for about 83% of total revenue in the second quarter, up from roughly 73% in the first quarter of 2021, while total annualized recurring revenue rose to about $971 million in the second quarter from roughly $401 million in the fourth quarter of 2019 and remaining performance obligations reached $2.76 billion. Piper Sandler also highlighted Q2's core-agnostic platform, which integrates with incumbent banking systems rather than requiring financial institutions to replace their entire technology stack, and noted the company has been selected as the technology provider in more than 90% of customer mergers and acquisitions it has tracked since 2021. The brokerage forecasts adjusted earnings per share of $3.57 in fiscal 2027 and $4.41 in fiscal 2028, growth of about 27% and 24% respectively, with free cash flow of $271 million in fiscal 2027 and $315 million in fiscal 2028. In the same initiation, Jack Henry received a Neutral rating and a $171 price target, while Fidelity National Information Services, Global Payments and WEX were also rated Neutral with price targets of $42, $101 and $209, respectively.
QTWO · Capital · Positive Piper Sandler named Q2 Holdings its preferred pick with an Overweight rating and $82 price target, citing recurring revenue growth and margin expansion.
JKHY · Capital · Neutral Received a Neutral rating and $171 price target in the initiation, but not the preferred pick.
FIS · Capital · Neutral Rated Neutral with a $42 price target in Piper Sandler's initiation, a passing analyst mention.
GPN · Capital · Neutral Rated Neutral with a $101 price target in the same initiation, only a passing mention.
WEX · Capital · Neutral Rated Neutral with a $209 price target in the same initiation, only a passing mention.
FIS Launches Embedded Banking Platform with Pilot Banks
Fidelity National Information Services, Inc. (FIS) has launched its Embedded Banking Platform, enabling U.S. banks to offer accounts, payments, and card issuing within business software. The platform, which uses APIs and SDKs, keeps accounts on the bank's balance sheet, preserving customer ownership and regulatory control. Initial pilot banks include Cogent Bank, Commercial Bank of California, and M&T Bank, with accounts and payments slated for the fourth quarter of 2026. This launch is part of FIS's broader strategy to modernize banking infrastructure and deepen its role in business banking workflows. Competitors like Fiserv and Jack Henry are also expanding embedded finance capabilities, with Fiserv's Stuut partnership processing over $2 billion in B2B invoices.
Digital Finance & Tokenization › Payments Modernization & Rails Competition
FIS · Technology · Positive FIS launched its Embedded Banking Platform with pilot banks, expanding its banking infrastructure product offering.
MTB · Technology · Positive M&T Bank is named as an initial pilot bank for FIS's Embedded Banking Platform.
Cogent Bank · Technology · Positive Cogent Bank is named as an initial pilot bank for FIS's Embedded Banking Platform.
Commercial Bank of California · Technology · Positive Commercial Bank of California is named as an initial pilot bank for FIS's Embedded Banking Platform.
Fidelity National Beats Q2 Earnings but Cuts 2026 Outlook
Fidelity National Information Services reported second-quarter 2026 adjusted earnings per share of $1.48, beating the Zacks Consensus Estimate by 0.7%, while revenues of $3.4 billion missed by 0.2%. The company cut its full-year 2026 revenue guidance to $13.63-$13.70 billion from $13.77-$13.85 billion, and adjusted EPS to $6.15-$6.24 from $6.22-$6.32, but raised free cash flow guidance to $2.15-$2.25 billion. Shares have fallen 2.3% since the earnings report, underperforming the S&P 500, and the stock carries a Zacks Rank #4 (Sell) due to downward estimate revisions.
FIS and Ericsson Partner to Streamline Wallet-Led Financial Services
FIS and Ericsson announced a collaboration to help organizations launch wallet-led financial services faster by integrating FIS payments and issuing capabilities with the Ericsson Fintech Platform into a single pre-integrated foundation. The partnership aims to reduce the complexity of connecting systems for moving, storing, securing, and managing money at scale, enabling clients to deploy digital wallet experiences more quickly. Ericsson's platform, with over 15 years of operational experience, supports more than 131 million active 90-day users and processes approximately $80 billion in monthly transaction value across 24 countries. FIS CEO Stephanie Ferris and Ericsson CEO Börje Ekholm both emphasized the potential to remove integration barriers and accelerate innovation in the converging fields of connectivity and finance.
FIS Launches Digital One Commercial Platform in APAC
FIS has launched its Digital One Commercial platform in Asia-Pacific, completing a global rollout that now spans the US, EMEA, and APAC. The core-agnostic, composable platform enables financial institutions to serve all business segments—from small businesses to large enterprises—on a single system without replacing existing core banking infrastructure. It supports real-time, multi-rail payments across schemes such as PayNow, GIRO, FAST, and SWIFT/ISO, and offers native multi-language, multi-currency, and cloud-ready capabilities for the region's diverse regulatory environments. A leading APAC bank already runs the platform across 15 countries on a single instance, serving approximately 350,000 business customers and over one million end-users. The launch comes as corporate banking IT spending in APAC grew by 5.5% in 2025 and accelerated by 6.2% in 2026, according to Celent.
Digital Finance & Tokenization › Payments Modernization & Rails ▲Technology
FIS · Demand · Positive FIS launches Digital One Commercial platform in APAC, completing global rollout and attracting a leading APAC bank with 350k business customers.
FIS Cuts 2026 Revenue Guidance and Plans Capital Markets Divestitures
Fidelity National Information Services lowered its full-year 2026 revenue guidance to between US$13,630 million and US$13,695 million and announced plans to sell parts of its capital markets business. The move follows second-quarter results that saw revenue rise to US$3,377 million and net income improve to US$231 million, alongside a confirmed quarterly dividend of US$0.44 per share. Management cited softer demand and economic uncertainty tied to geopolitical tensions and U.S. trade policy as reasons for the reduced outlook. The potential divestitures are part of an effort to reorient toward higher-quality, recurring fintech revenue.
FIS Beats Q2 Earnings on Banking Solutions Strength, Cuts 2026 Outlook
Fidelity National Information Services reported second-quarter 2026 adjusted earnings per share of $1.48, beating the Zacks Consensus Estimate by 0.7% and rising 8.8% year over year. Revenues reached $3.4 billion, a 29% increase from the prior year, though they missed the consensus mark by 0.2%. The Banking Solutions segment drove results with revenues of $2.5 billion, up 44% year over year, while Capital Market Solutions grew 3.5% to $810 million. For the full year 2026, the company lowered its revenue guidance to a range of $13.63 billion to $13.70 billion from the prior $13.77 billion to $13.85 billion, and cut its adjusted EPS forecast to $6.15 to $6.24 from $6.22 to $6.32. Free cash flow guidance was raised to $2.15 billion to $2.25 billion, implying 33% to 39% growth year over year.
NADA NEWS Looks Back at This Week's Web3 News in Quiz Format
NADA NEWS publishes a weekly Saturday feature recapping Web3-related news in quiz format. This week, it highlighted moves such as BlackRock, Fidelity, and other institutional investors jointly and unusually demanding an early vote on the US CLARITY Act, whose passage probability has been lowered to 30 percent amid a delayed Senate review. The quiz consists of a basic knowledge section and a current affairs section, featuring questions on the self-custody forms of crypto assets, the name of the dedicated device used by the AI-era proof-of-human project World, and the features of the crypto asset payments that Emirates has launched for UAE residents. Answers and explanations are announced every Tuesday on the X Space 'Weekly NADA NEWS'.
BLK · Regulation · Neutral BlackRock is mentioned as one of the institutional investors demanding an early vote on the CLARITY Act, but the impact is unclear.
FIS · Regulation · Neutral Fidelity is mentioned as one of the institutional investors demanding an early vote on the CLARITY Act, but the impact is unclear.
Wall Street giants publicly back the Clarity Act as Senate recess looms
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, and SoFi are publicly backing the Clarity Act, a crypto market structure bill, with only about a week and a half left before the Senate recess begins on August 8th. The asset managers are supporting the legislation while banks led by Jamie Dimon and JPMorgan oppose it, creating a major divide on Wall Street. The firms backing the bill seek regulatory clarity on jurisdiction between the SEC and CFTC, investor protections, and rules for a competitive American market. Separately, Morgan Stanley launched Ethereum and Solana exchange-traded products with fees of .14%, or 14 bips, and plans to pass staking rewards back to investors. Core Scientific signed a 15-year agreement with AMD for approximately 530 megawatts across five states, representing more than 14 billion in potential contracted revenue, as the company shifts focus from Bitcoin mining to AI data centers.
Digital Finance & Tokenization › Miner-Treasury Hybrids Competition
Artificial Intelligence › AI Server OEM & System Integration ▲Demand
CORZ · Demand · Positive Core Scientific signed a 15-year agreement with AMD for ~530 MW, >$14B potential revenue, shifting focus to AI data centers.
AMD · Demand · Positive Core Scientific signed a 15-year agreement with AMD for ~530 MW, representing >$14B potential revenue, boosting AMD's AI chip demand.
GS · Regulation · Positive Goldman Sachs publicly backs the Clarity Act, a crypto market structure bill that would provide regulatory clarity.
MS · Technology · Positive Morgan Stanley launched Ethereum and Solana exchange-traded products with staking rewards, expanding crypto offerings.
SOFI · Regulation · Positive SoFi publicly backs the Clarity Act, which would provide regulatory clarity for crypto markets.
BEN · Regulation · Positive Franklin Templeton publicly backs the Clarity Act, which would provide regulatory clarity for crypto, benefiting its crypto-related business.
Spot Bitcoin ETFs see third straight week of inflows but daily outflows hit $240 million
U.S. spot Bitcoin ETFs recorded approximately $33.79 million in net inflows over the past week, marking their first three consecutive weeks of net inflows since early May. Broader U.S. spot crypto ETFs also saw net inflows, with Ethereum ETFs attracting $104 million, XRP ETFs $8 million, and Solana ETFs $7 million. However, daily flow data as of July 24 showed U.S. spot Bitcoin ETFs suffered $240.08 million in outflows, led by BlackRock’s iShares Bitcoin Trust with $212.17 million and Fidelity Wise Origin Bitcoin Fund with $27.91 million. Bitcoin traded around the $64,000 level during the week without major momentum.
US Spot Bitcoin ETF Assets Under Management Expand to Around $180 Billion, Institutional Participation Reshapes Market Structure
Since the approval of spot Bitcoin ETFs in the United States, the Bitcoin market has rapidly shifted from being retail-investor-driven to one where institutional investors exert significant influence on price formation. As of 2026, total assets under management across US spot Bitcoin ETFs have expanded to roughly 180 billion dollars, with BlackRock's IBIT reaching about 49 billion dollars and Fidelity's FBTC also growing to tens of billions of dollars. The number of institutional investors holding these ETFs has reached several thousand, encompassing a broad range of financial entities including pension funds, university endowments, registered investment advisors, hedge funds, and banks. In Japan, if Bitcoin ETFs are eventually permitted following the transition to the Financial Instruments and Exchange Act, there is potential for long-term capital from financial institutions and pension funds, not just retail investors, to flow into the market.
Strategy Unveils Bitcoin Banking Adoption Index Ranking 25 Financial Institutions
Strategy introduced the Bitcoin Banking Adoption Index on July 13, a scorecard ranking 25 financial institutions on their Bitcoin adoption across categories like trading, custody, products, margin, and leadership. Fidelity tops the list with a 71% index score, while Royal Bank of Canada ranks last at 13%, and the group overall holds a 32% rating. The index aims to further legitimize Bitcoin in traditional finance and positions Strategy as a leading authority in crypto integration. Strategy shares currently trade around $100, down 79% from their November 2024 peak of $473.83, though the company continues to advance its Bitcoin capital markets strategy.
MSTR · Capital · Positive Strategy created the index, positioning itself as a leading authority in crypto integration, advancing its Bitcoin capital markets strategy.
BTC · Demand · Positive The index aims to further legitimize Bitcoin in traditional finance, potentially increasing institutional adoption.
FIS · Demand · Positive Fidelity tops the Bitcoin Banking Adoption Index, highlighting its leadership in Bitcoin services, which may boost demand for its crypto offerings.
RY · Competition · Negative Royal Bank of Canada ranks last on the index, indicating weak Bitcoin adoption relative to peers.
Fidelity National Information Services Joins Anthropic's Project Glasswing
Fidelity National Information Services has joined Anthropic's Project Glasswing, integrating the Mythos 5 AI model into its security program. The stock trades at US$42.27, with a one-month return of 10.63% but a year-to-date decline of 35.58% and a one-year total shareholder return down 45.51%. Recent client wins include Frankfurt International Bank AG adopting its Treasury & Risk Manager platform. The most followed narrative on Simply Wall St considers the stock 27.7% undervalued relative to a fair value estimate of US$58.45, citing long-term earnings and margin assumptions.
US spot Bitcoin ETFs record $273.1 million in net inflows over two weeks, snapping outflow streak
US-listed spot Bitcoin ETFs recorded a combined $273.1 million in net inflows over the past two weeks, breaking a nearly two-month streak of outflows that had drained more than $8.2 billion from the 13 funds. The inflows consisted of $75.7 million last week and $197.4 million the week before, according to data from CoinGlass. The reversal began on July 2 with net inflows of $221.7 million, ending a 10-day outflow streak, and was catalyzed by a weaker-than-expected US jobs report that showed 57,000 jobs added in June and a rise in unemployment to 4.2%. BlackRock's IBIT reasserted dominance during the recovery, flipping from outflows to a $209.4 million inflow on July 6 and leading the day's total of $265.7 million, while Fidelity's FBTC and ARK's ARKB also saw significant inflows. Despite the two-week positive trend, year-to-date net outflows from the funds still total about $5.4 billion, and cumulative net inflows stand at around $51.2 billion with total assets under management at approximately $77.7 billion. The upcoming Federal Open Market Committee meeting on July 28 is seen as the next key event that could either extend the inflow streak or trigger renewed outflows.
Seeking Alpha flags 39 large-cap US stocks with Sell or Strong Sell ratings ahead of Q2 earnings
As second-quarter earnings season begins, Seeking Alpha's Quant Rating system identifies 39 large-cap US stocks carrying Sell or Strong Sell ratings, reflecting weaker scores across valuation, growth, profitability, momentum, and earnings estimate revisions. Seven of these companies hold the lowest Strong Sell designation with Quant Ratings below 1.50: Crown Castle, SBA Communications, Honeywell, Strategy, Zoetis, Erie Indemnity, and Tractor Supply. The remaining 32 stocks are rated Sell, including widely followed names such as Coinbase Global, Blackstone, S&P Global, Domino's Pizza, Lennar, Clorox, and Fidelity National Information Services. While some of these companies have delivered positive share-price returns this year, their Quant Ratings suggest investors should watch for potential downside risks as quarterly results and guidance are released.
CCI · Capital · Negative Quant Rating system assigns Strong Sell rating (below 1.50) indicating weak scores across valuation, growth, profitability, momentum, and earnings revisions.
CLX · Capital · Negative Quant Rating system assigns Sell rating, suggesting downside risk ahead of Q2 earnings.
COIN · Capital · Negative Quant Rating system assigns Sell rating, indicating potential downside risk as earnings approach.
DPZ · Capital · Negative Quant Rating system assigns Sell rating, suggesting weaker scores and downside risk.
ERIE · Capital · Negative Quant Rating system assigns Strong Sell rating (below 1.50) indicating weak scores across multiple factors.
HON · Capital · Negative Honeywell is one of seven stocks with the lowest Strong Sell rating (Quant Rating below 1.50), signaling poor scores across valuation, growth, and momentum.
FIS Named Category Leader in All Five Chartis Credit Lending Operations Segments
FIS has been named a Category Leader across all five quadrants of the Chartis RiskTech Quadrant for Credit Lending Operations, 2026. The report covers loan origination, loan management, limits management, collateral management, and alternate finance solutions, with the recognition validating the breadth and depth of FIS' Commercial Lending Suite. FIS earned best-in-class scores of 4.5 in platform capabilities across multiple segments and strong scores in adoption of emerging technologies and analytical capabilities. The recognition underscores the suite's ability to help financial institutions simplify complex lending operations, reduce platform fragmentation, and support growth across the lending lifecycle.
FIS · Technology · Positive FIS named Category Leader in all five Chartis Credit Lending Operations segments, validating its Commercial Lending Suite's capabilities and emerging tech adoption.
Payment Card Issuance Software Market Forecast to Reach $5.04 Billion by 2035
The global payment card issuance software market is projected to grow from an estimated $2.06 billion in 2025 to $5.04 billion by 2035, at a compound annual growth rate of 9.3 percent, according to a new report from ResearchAndMarkets.com. The comprehensive study covers 16 geographies and segments the market by component, technology adoption, deployment mode, enterprise size, and end-user. Major companies profiled include Fidelity National Information Services, Fiserv, Marqeta, Stripe, and Entrust Corporation. The report also examines competitive dynamics, mergers and acquisitions, and strategic opportunities across regions such as Asia-Pacific, North America, and Western Europe.
FIS Lands Frankfurt International Bank as Cloud Treasury Client
Fidelity National Information Services has secured a deal with newly licensed German bank Frankfurt International Bank AG, which will launch using FIS’ Treasury & Risk Manager – Quantum Cloud Edition. The implementation was completed in just 10 weeks, giving the bank a fully integrated cloud-based treasury and risk management platform from day one. The win adds to recent banking technology deals for FIS, including First Commerce Bank and BankSouth, and follows a 45% year-over-year revenue jump in its Banking Solutions segment to $2.4 billion in the first quarter of 2026. FIS shares have lost 35.9% year to date, compared with a 9.9% decline for the industry.
Cloud & Digital Infrastructure › Horizontal SaaS ▲Demand
FIS · Demand · Positive Won Frankfurt International Bank as a cloud treasury client, adding to recent banking technology deals and contributing to 45% YoY revenue jump in Banking Solutions.
FIS Launches Trade & Distribution Manager to Complete Commercial Lending Suite
Fidelity National Information Services has launched its Trade & Distribution Manager, completing a Commercial Lending Suite that spans origination, servicing, and secondary trading. The company also announced new trading platforms, core banking and origination partnerships, and top-tier risk technology rankings, while Chief Legal & Corporate Affairs Officer Caroline Tsai will step down to an advisory role by September 1, 2026. These moves position FIS as a single-vendor platform for commercial lenders seeking front-to-back loan automation. The company’s narrative projects $15.1 billion in revenue and $2.4 billion in earnings by 2029, requiring 9.8% annual revenue growth and a $0.3 billion earnings decrease from $2.7 billion.
FIS Forms Strategic Alliance With Fuse for End-to-End Lending Platform
Fidelity National Information Services Inc. and Fuse have entered into a strategic partnership to offer indirect car and equipment lenders in the U.S. and Canada an end-to-end origination platform. The alliance connects Fuse with FIS Asset Finance and FIS AutoSuite, creating a comprehensive ecosystem covering the full lending process. FIS says the partnership aims to close a market gap by helping lenders whose current origination processes were not built for the speed and expectations of the modern industry. Separately, Truist lowered its price target on FIS from $50 to $45 on May 28 while maintaining a Hold rating, citing concerns about a possible slowdown in organic revenue growth starting in the second half of fiscal year 2026.
FIS has been ranked number one overall in the Chartis BuySideRisk50 and named a Category Leader in the Chartis RiskTech Quadrant for client lifecycle management solutions for corporate and investment banking, 2026. The company led four of the five scoring criteria in the BuySideRisk50, including outright wins in Breadth of Functionality and Strategy, and earned category awards in Wealth Management and Managed Services for Convertibles and Equity-Linked Instruments. In the CLM Solutions report, FIS received the highest policy management score among all 14 vendors evaluated, reflecting its ability to deliver automated policy updates and dynamic risk-based enforcement. These recognitions validate FIS's strategy of delivering compliance technology that spans the full investment lifecycle, from pre-trade risk and portfolio analytics to client onboarding and regulatory controls.
FIS Expands Community Banking Reach With First Commerce Bank Deal
Fidelity National Information Services announced that First Commerce Bank, a New Jersey-based community bank with approximately $1.8 billion in assets, has selected its HORIZON core banking platform to support future growth and digital transformation. The platform will provide the bank with AI-ready infrastructure, stronger connectivity, and access to modern banking facilities through FIS' integrated technology ecosystem. This deal reflects a broader industry shift away from legacy systems toward platforms supporting artificial intelligence, automation, and digital banking services. While the financial impact from this single contract is unlikely to be significant in the near term, the win highlights FIS' ability to capitalize on the banking industry's push toward AI-driven modernization. Shares of Fidelity National have lost 42% year to date compared with the industry's decline of 15.5%.
Cloud & Digital Infrastructure › Horizontal SaaS Competition
FIS · Demand · Positive First Commerce Bank selected FIS' HORIZON core banking platform, indicating product demand
First Commerce Bancorp, Inc. · Technology · Positive First Commerce Bank is the customer adopting new core platform, indirectly positive for its modernization
FIS Sweeps All Three Chartis Enterprise Market Risk Quadrants in 2026
FIS has been named a Category Leader across all three quadrants in the Chartis Enterprise Market Risk Solutions, 2026 Quadrant Update, a sweep no other vendor achieved. The recognition spans FIS' Enterprise Risk Suite for sell-side institutions, Balance Sheet Manager for buy-side and banking clients, and Investment Risk Manager for multi-asset risk and performance analytics. FIS earned Best-in-Class Capabilities scores across every category evaluated in all three quadrants, and in the risk data aggregation segment it achieved the highest Data Type Coverage score among all assessed vendors. The three-quadrant recognition positions FIS as one of the few providers capable of serving sell-side, buy-side, and enterprise risk aggregation needs from a single integrated platform.
First Commerce Bank selects FIS HORIZON as its core banking platform
First Commerce Bank, a $1.8 billion-asset community bank based in New Jersey, has selected FIS HORIZON as its go-forward core banking platform. The agreement gives the bank access to the full HORIZON ecosystem, an API-enabled platform built for integration flexibility, fintech connectivity, and long-term innovation. First Commerce Bank conducted a thorough evaluation of its technology strategy and chose FIS for its modern architecture and commitment to service. The platform positions the bank to pursue AI-powered capabilities, including standardized data feeds and agentic commerce tools, as its strategy evolves. FIS HORIZON serves as the center of a connected banking ecosystem for community and regional banks, supporting operations across the money lifecycle and enabling next-generation capabilities like real-time payments and embedded finance.
FIS · Demand · Positive FIS wins a new core banking platform deal with First Commerce Bank, generating revenue and expanding its HORIZON ecosystem.
First Commerce Bancorp, Inc. · Technology · Positive First Commerce Bank selects FIS HORIZON as its core platform, gaining modern API-enabled capabilities for innovation and AI.
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