FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, has been recognized as a “Global Leader” in card management and transaction processing solutions, according to research recently published by Celent, a research and advisory firm.
Celent released its latest vendor landscape report series to identify the leading card management and transaction processing vendors in the market so as to help banks in the vendor selection process review their options. Celent recognized FIS as a Global Leader in its reports on Issuer Processors and Packaged Software Vendors.
“In our role as a champion for more than 14,000 clients worldwide, FIS is continually focused on innovation – always improving our products and services to best support the FinTech industry,” said Anthony Jabbour, CEVP, Integrated Financial Solutions, FIS. “Reports like this demonstrate our success empowering the financial world.”
In the face of regulatory changes, new security requirements and chip migration, card issuers are looking for innovation and speed-to-market to maintain relevance and focus on growth. Fortunately, FIS’ responsiveness and cutting-edge capabilities ensure seamless delivery with leading time-to-market. And FIS’ outsourced and pass-through card processing alternatives, as well as its end-to-end processing solutions, support every level of card, commercial, small business and private-label and chip card programs, as well as installment loan products.
“Companies included in our latest research offer a diverse range of card management and transaction processing solutions, from packaged software products to outsourced issuer processing to professional services,” said Zilvinas Bareisis, Celent senior analyst and author of the reports. “While most of the companies focus on a specific type of services, FIS is among a small group of vendors with a large global footprint both as a packaged software product provider and as an issuer processor.”
Celent asked 40 vendors worldwide to participate in its study. Ultimately, 27 completed all phases of the study and were indexed based on services provided, company focus, revenues, types of clients and more.