FIS Stock Recent News

Overvalued stocks typically trade at a price higher than their intrinsic value due to factors like high growth. However, they can be more volatile if their prices are driven by market speculation and investor sentiment rather than fundamentals.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, will announce second quarter 2024 financial results on Tues., August 6, 2024, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EDT) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, www.fisglobal.com. A replay will be available after the conclusion of the live w.

Financial technology, or fintech, is a branch of banking that utilizes technological innovation to provide all sorts of financial products and services to users from all over the world from the comfort of their mobile devices. With fintech, global citizens can save their money, borrow, lend and even invest without having to step foot in a bank or other financial institution.

Fidelity (FIS) launches Security Finance Matching Platform and SMB Digital Lending Solution, enhancing offerings and paving the way for future growth.

Investors should always be aware of their current positioning in the market cycle, especially when considering fintech stocks to sell. AI greatly propelled market expansion, so much so that just 10 top stocks in the S&P 500 make up 34% of the index, breaking the previous market concentration record all the way back in the 1920s.

Fiserv, Fidelity National Information, Global Payments, WEX and The Western Union have been highlighted in this Industry Outlook article.

The Financial Transaction Services industry benefits from digital adoption, strong consumer spending and M&A strategies. Companies like FI, FIS, GPN, WEX and WU are well-positioned to thrive amid these favorable trends.

FIS has renewed its focus on its core legacy Banking and Capital Markets operations, selling a controlling stake in Worldpay to a private equity buyer. Both Banking Solutions and Capital Markets generate high-margin recurring revenues from sticky customer relationships, and FIS holds strong share among outsourced services to larger banks. With banks looking to leverage growth opportunities in payments, capital markets, and asset management, FIS can grow its Banking Solutions business further, as many banks can't afford a go-it-alone strategy.

LONDON--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has conducted new research showing that widespread financial anxiety among UK consumers has led to a phenomenon known as 'financial doomscrolling' - a term describing the excessive monitoring of account balances and banking apps. Amid a period of political and economic uncertainty, 51% of the consumers surveyed said they are “obsessed” with checking their financial apps, with 63% of Generation Z (18-27-year-olds) and 6.

Fidelity National (FIS) benefits from recurring revenue growth, cross-sale, margin expansion, and investing in high-growth opportunities.