We're proud to receive a perfect score of 100 percent on the Human Right's Campaign Foundation’s 2020 Corporate Equality Index (CEI), which included its most stringent criteria to date. The CEI is the nation’s premier benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. FIS is one of 686 businesses that earned top marks this year. “FIS is fundamentally committed to the idea that having a diverse, inclusive employee base is key to our ability to innovate and deliver the best products and solutions for our clients,” said Gary Norcross, FIS Chairman, President and CEO, who is a signatory of the CEO Action for Diversity & Inclusion pledge on behalf of the company. The 2020 CEI evaluated companies on their LGBTQ-inclusive policies, practices and benefits, including non-discrimination policies, employment benefits, organizational competency and accountability around LGBTQ diversity and inclusion, public commitment to LGBTQ equality, and responsible citizenship.
FIS named a top 100 internship program! FIS was recently named one of WayUP’s Top 100 Internship Programs in 2020. WayUp is an organization that helps enable early-career candidates to discover and be discovered by employers. Every year, in conjunction with National Intern Day, WayUp sponsors a competition to determine which employers boast the top internship programs in the U.S. To earn a spot on the list, employers must nominate their programs in the lead-up to National Intern Day. Earning a place on the list is decided by the number of votes a program receives (30 percent of the judging criteria) and a panel of industry experts who evaluate each program on a granular basis (70 percent of the judging criteria). The 2020 intern class at FIS experienced virtual weekly Wednesday Webinars, Virtual Scavenger Hunts, Weekly Kahoot Trivia and a Virtual Talent Competition.
FIS and Union Bank recently announced a cooperative agreement to deliver a next-generation core banking platform to power the bank through its next iteration of digital offerings. Union Bank, a member of MUFG Americas Holdings, one of the 20 largest bank holding companies in the United States, will use the FIS Modern Banking Platform to co-develop and co-engineer systems that will be core to its banking transformation program to drive innovation and address the evolving needs of its clients today and into the future. FIS and Union Bank will work together to co-engineer the new solution to meet the bank’s specific needs. Union Bank is the first global financial institution to choose the new Modern Banking Platform to drive innovation forward. The platform, which also includes the FIS Digital One omnichannel platform, will provide the bank with a range of advanced capabilities to benefit clients, including an intuitive user experience and integrated digital and mobile banking tools.
FIS and the State of Ohio recently announced that the company plans to solidify its presence in Cincinnati as a Strategic Technology and Innovation Campus. The campus in Governor’s Hill, in Symmes Township, Ohio, previously served as the corporate headquarters of Worldpay, which was acquired by FIS on July 31, 2019. FIS also said it will continue to invest in its location at the University of Cincinnati’s 1819 Innovation Hub, where the company has plans to employ students to work on FinTech applications. The company also plans to continue to work with the University of Cincinnati and Miami University through its initiative to increase the number of students—especially women and underrepresented minorities—who are pursuing degrees related to the fast-growing technology sector.
We are please to announce our entry into payment processing in Africa. Multi-national companies and merchants looking to provide eCommerce services to the world’s second-largest population of Internet users can now use Worldpay from FIS global platform for highly-secure online payment processing. We will integrate technology from Flutterwave, a San Francisco-based payments technology company with operations in Africa, into our Worldpay payment processing platform for businesses and merchants looking to serve this growing market. The integration is part of a recently signed commercial agreement and investment made by the FIS Ventures arm in Flutterwave, a 2016 graduate of the FIS FinTech Accelerator program.
Today is an exciting milestone in our future! We are thrilled to announce that the combination of FIS and Worldpay is official. Combined, we are a $12B company with more than 55,000 colleagues worldwide, bringing together the best talent, widest solutions portfolio and greatest global scale. Together, we are advancing the way the world pays, banks and invests, and are creating a wider range of opportunities for you to grow your career.
We are proud to announce the closing of our acquisition of global payments leader Worldpay, Inc., creating a global leader in technology and solutions for merchants, banks and capital markets. Our new combined company will have over $12 billion in pro forma revenue and more than 55,000 employees. With a best-in-class portfolio of solutions for payments, banking and capital markets, FIS is positioned to accelerate its growth and advance the way the world pays, banks and invests. “This is an exciting day for FIS and Worldpay, and for the industry as a whole,” said FIS Chairman, President and CEO Gary Norcross. “This transformative combination significantly enhances the scale, portfolio and global footprint of FIS to help our clients capitalize on growth opportunities at a time of rapid marketplace change.
We are proud to announce that we were recently named as a leader in two recent IDC MarketScape evaluation reports of the North America banking market. The recognition comes as FIS sees growing marketplace success for Digital One and the Digital United platform, which enables banks to deliver a modern, seamless experience across both consumer self-service and banker-teller operations. IDC MarketScape recognizes next-generation FIS Digital One as being "truly omni-channel," delivering self-service and enterprise-facing functions on a single platform.
FIS was recently recognized as "Best Outsourcing Provider" at a ceremony in New York City. The Family Wealth Report Awards recognize excellence in wealth management. For the second year in a row, FIS won top honors as a provider of outsourced wealth management technology. The judges recognized the breadth and depth of function of FIS’ technology solutions. “We are proud to be recognized for the quality of our wealth outsourcing services, especially as FIS marks our 25th year of offering these solutions to the marketplace,” Brian DuVal, head of Wealth and Retirement for FIS. “FIS is continuing to invest in these tools to help financial institutions modernize and scale their offerings, all while providing a great experience and service to their clients.”
FIS has been ranked 19 out of hundreds of global organizations by Chief Learning Officer magazine’s LearningElite Program, a peer-ranked program honors organization that demonstrate exemplary workforce development strategies such as learning initiatives, programs and resources crucial for business success. This is the second straight year FIS has been named to the LearningElite list and marks our first year in the gold category. At FIS, we have a 4-step process to becoming your own Chief Learning Officer. This includes a 24/7 online learning resource that houses self-guided and facilitator-led sessions, the FIS Competency Framework, which serves as the foundation our employees’ transformation and road to development, developmental self-assessment tool, and Performance365, our new performance management process that encourages ongoing developmental conversation with managers.