FIS Sees ‘Expanding Pipeline' for Core Banking Solutions

Fidelity National Information Services (FIS) reported results that showed momentum across what management has termed “the money lifecycle,” where funds might be “at rest, “in motion” or “at work.”CEO Stephanie Ferris said during the Monday (Nov. 4) conference call with analysts that recurring revenue growth accelerated to 6%.Supplemental materials released by the company detailed that adjusted revenues were 4% higher to $2.6 billion.Cross-Selling MomentumCross-selling opportunities grew across its installed ...