FIS™ (NYSE:FIS), the world’s largest provider of banking and payments technology, today announced it has completed the acquisition of mFoundry, a foremost provider of mobile banking and payment solutions for financial institutions and retailers. The resulting combination creates one of the leading mobile entities in the financial services space and enables FIS to leverage its technology assets across a broader client base.
“Delivering industry-best mobile solutions that underpin our clients’ ability to reach and serve their customers is a key focus area for FIS,” said Gary Norcross, FIS president and chief operating officer. “The mFoundry acquisition supports our mobile strategy to make this new era of mobile-driven commerce possible by providing the strategies and integrated solutions that financial institutions need to create the personalized mobile experiences their customers desire.”
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 35,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.FIS Forward-Looking Statements This news release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Statements that are not historical facts, including statements about our expectations, hopes, intentions, or strategies regarding the future, are forward-looking statements. These statements relate to future events and our future results, and involve a number of risks and uncertainties. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Any statements that refer to beliefs, expectations, projections or other characterizations of future events or circumstances and other statements that are not historical facts are forward-looking statements.