what is fis

FIS stands for Fidelity National Information Services, Inc., which is an American multinational corporation that provides financial products and services). FIS is a fintech company that offers solutions in three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions). FIS has a portfolio of products for the financial services sector, including both retail and investment banking. They include "Profile" ― a banking application based on the open source GT.M, a transaction). FIS facilitates the movement of roughly $9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe). FIS provides payment processing and banking software, services, and outsourcing of the associated technology. FIS has over 20,000 clients in more than 130 countries. It serves retail, commercial, and institutional banking, capital markets, and insurance clients. It also provides services such as merchant services, automated clearing house processing, and information technology outsourcing.