Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Fidelity National Information Servcs Inc    FIS

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

FIDELITY NTL INFO : American Chartered Bank Selects FIS' IBS for Its Robust Core Solution

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/24/2011 | 01:20pm CEST

FIS? (NYSE: FIS), the world's largest provider of banking and payments technology, today announced that American Chartered Bank will deploy FIS' Integrated Banking Services (IBS) core processing solution. As part of this multi-year agreement, FIS will also deliver several supporting products including, Commercial eBanking, Business eBanking, Sales and Service as well as EFT solutions. The bank will utilize the NYCE® Payments Network for point-of-sale and ATM transactions.

American Chartered Bank, a $2.4 billion institution located in Schaumburg, Ill., sought a solution set that would enhance their ability to serve their customers and enable them to provide more innovative products and services. Through FIS, the bank will have a fully integrated platform with more robust functionality, allowing American Chartered Bank to compete effectively with the larger commercial banks in their target market.

FIS' IBS is a highly flexible and integrated core banking solution that provides financial institutions with innovative technology involving minimal disruption to their business operations and customers. IBS is the leading outsourced retail and commercial banking solution among mid-tier U.S. banks. FIS' EFT solutions are utilized by more than 3,000 financial institutions to manage their ATM/debit needs. In 2010 the number of EFT transactions processed through FIS' solutions topped 11 billion.

"We compete in a very challenging market," said Ron Hunt, chief operations officer, American Chartered Bank. "We knew that to continue competing for new customers, and to best serve our existing customers, we needed a core platform and new solutions that would allow us to decrease the time it takes to bring new products to market and operate more efficiently on a daily basis. We are confident that teaming with FIS will do just that."

"IBS is a proven and comprehensive solution that will provide American Chartered Bank with tools to streamline their processes, create operational efficiencies and ultimately to expand their reach in their target market," said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. "The tight integration of IBS with supplemental solutions allows American Chartered to enhance their performance to the benefit of their customers."

About FIS

FIS (NYSE: FIS) is the world's largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is a member of Standard & Poor's 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit www.fisglobal.com.

Forward-Looking Statements

This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.

Marcia Danzeisen, 904.854.5083
Senior Vice President
FIS Global Marketing and Communications
[email protected]
or
Mary Waggoner, 904.854.3282
Senior Vice President
FIS Investor Relations
[email protected]


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIDELITY NATIONAL INFORMAT
06/22 FIDELITY NATIONAL INFORMATION SERVCS : Usage of Mobile Banking and Digital Payme..
06/14 FIDELITY NATIONAL INFORMATION SERVCS : ex-dividend day
06/13 FIDELITY NATIONAL INFORMATION SERVCS : FIS Enhances Wealth Management Offerings ..
06/08 FIDELITY NATIONAL INFORMATION SERVCS : FIS Enhances Wealth Management Offerings ..
06/05 FIDELITY NATIONAL INFORMATION SERVCS : FIS to Present at Stephens and Baird Conf..
06/01 FIDELITY NATIONAL INFORMATION SERVIC : FIS) Files An 8-K Submission of Matters t..
06/01 FIDELITY NATIONAL INFORMATION SERVIC : Submission of Matters to a Vote of Securi..
06/01 FIDELITY NATIONAL INFORMATION SERVCS : FIS to Present at Stephens and Baird Conf..
05/31 FIDELITY NATIONAL INFORMATION SERVCS : 2017 Annual FIS PACE Study Reveals Emerge..
05/25 FIDELITY NATIONAL INFORMATION SERVCS : FIS to Sell Majority Interest in Capco Co..
More news
Sector news : Financial Technology & Infrastructure
06/23DJCME : A Better Cheddar Benchmark? A Daily Cheese Auction Is Going Electronic
06/22 EXCLUSIVE - LONDON METAL EXCHANGE TO : sources
06/21DJCME : Regulators Accuse Brokerage of Cattle-Futures Scheme
06/21 LONDON STOCK EXCHANGE : FTSE Russell clients not pushing for China inclusion in ..
06/16DJHONG KONG EXCHANGES AND CLEARING : Correction to 'HKEX Seeks Market Input on New..
More sector news : Financial Technology & Infrastructure
News from SeekingAlpha
05/30 Ocwen sues Fidelity Information Services
05/24 Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q1 2017 Upda..
05/02 Fidelity National Information Services (FIS) Q1 2017 Results - Earnings Call ..
05/02 Fidelity National Information Services, Inc. 2017 Q1 - Results - Earnings Cal..
05/02 Fidelity National beats by $0.04, revenue in-line
Advertisement
Financials ($)
Sales 2017 9 390 M
EBIT 2017 2 254 M
Net income 2017 952 M
Debt 2017 -
Yield 2017 1,32%
P/E ratio 2017 28,47
P/E ratio 2018 23,77
Capi. / Sales 2017 2,99x
Capi. / Sales 2018 2,89x
Capitalization 28 047 M
More Financials
Chart FIDELITY NATIONAL INFORMAT
Duration : Period :
Fidelity National Informat Technical Analysis Chart | FIS | US31620M1062 | 4-Traders
Full-screen chart
Technical analysis trends FIDELITY NATIONAL...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 92,3 $
Spread / Average Target 8,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Gary A. Norcross President, Chief Executive Officer & Director
Frank R. Martire Non-Executive Chairman
James W. Woodall Chief Financial Officer & Executive Vice President
Ido Gileadi Chief Information Officer
Troy Bradley Chief Technology Officer & Senior Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FIDELITY NATIONAL INFO..12.19%28 047
WORLDLINE16.32%4 604
SIMCORP17.72%2 468
GLOBAL INFOTECH CO LTD--.--%697
INTELLECT DESIGN ARENA..-12.72%192
BPS TECHNOLOGY LTD-15.68%54
More Results