Decoded: RBI attacks possible evergreening of NPAs by lenders via the AIF routeRBI has noticed investments by regulated institutions (REs including Banks, NBFCs, and FIs) in AIFs, who have also funded companies that ha...
21 Dec, 2023, 11.51 AM IST
Payments processor FIS to cut debt with $11.7 billion stake sale in merchant unitFIS built its merchant business that processes transactions for companies when it acquired Worldpay for $43 billion in 2019. But new financ...
06 Jul, 2023, 07.59 PM IST
Govt initiates process for filling posts of independent directors in PSBs, FIsSince many listed public sector banks (PSBs) and some financial institutions (FIs) are short of mandated number of directors, it is in viol...
10 Oct, 2021, 01.51 PM IST
Financial services company FIS to hire 10,000 people in IndiaAccording to FIS, it is offering a hybrid working mode allowing the employees flexi working hours for the past one-and-a-half years due to ...
30 Sep, 2021, 03.43 PM IST
Tech Mahindra signs agreement with FIS, to acquire captive unit in AsiaAs part of the agreement, Tech Mahindra will buy FIS subsidiary Payments Technology Services for $9 million.
12 Jan, 2021, 07.14 PM IST
FIS India flouts ATM service conditions of Bank of IndiaThe problem came to light due to a complaint by a whistleblower, a source aware of the developments told ET. The issue has been taken up th...
29 Nov, 2019, 07.10 PM IST
FIS India revenue crosses $100 millionA bulk 70 percent of the revenue accrue from the payments front, while the rest come from the legacy core banking systems for retail banks.
13 Jan, 2019, 03.46 PM IST
Fino ties up with FIS for financial services technologyFIS will provide a fully integrated banking and payments platform through a completely outsourced delivery model, which encompasses core ba...
21 Aug, 2017, 06.29 PM IST
US Fintech company FIS renews big office lease at Pune's Westend CentreFIS serves more than 20,000 clients in over 130 countries. It employs more than 55,000 people worldwide.
07 Mar, 2017, 10.56 AM IST
ESAF ties up with FIS for micro finance bankESAF Small Finance Bank was created to serve micro- and small-credit needs for women in parts of India where there is little bank represent...
24 Nov, 2016, 09.56 PM IST
FIS to open financial inclusion lab in BangaloreFIS said it would open a financial inclusion lab in India to help develop new ways to extend banking services in far-flung parts of the cou...
24 Aug, 2015, 04.50 PM IST
US firm FIS expects to grow 30 per cent in India in digital banking sector"India is on the cusp of financial services explosion. I see potential to grow 20-30% in this country in foreseeable future," said Gary Nor...
19 Feb, 2015, 02.49 AM IST
Bandhan Bank may begin operations by early 2015; partners Fidelity Information Services for techFIS would provide a fully integrated banking and payments solution platform to allow Bandhan to offer services to the underprivileged peopl...
09 Oct, 2014, 07.09 PM IST
- FIS to deploy, manage 5,500 ATMs of state-owned banks
Under the multi-year agreement, FIS will provide end-to -end outsourcing services including supply, setup and ongoing ATM operation, the Ja...
21 Aug, 2012, 09.50 PM IST
- SAP deploys financial information system for Indian Navy
Enterprise IT solutions provider SAP today said it has deployed an online financial information system (FIS) for the Indian Navy.
10 Aug, 2012, 05.43 PM IST
- FIS sacks 100 Chennai staff
Fidelity National Information Services (FIS) has given pink slips to over 100 employees at its Chennai operations. This constitutes more th...
11 Nov, 2008, 02.11 AM IST
- RBI fiat to FIs on loans to directors
In a move to obviate conflict of interest in lending operations of financial institutions, the RBI on Saturday directed them "not to grant"...
21 Dec, 2002, 08.43 PM IST