FIS Targets ‘Money in Motion' Growth and Announces Affirm Debit Card Pact

Shares of FIS slid at the start of intraday trading Tuesday (Feb. 11) in the wake of fourth-quarter earnings results, as net income forecasts came in below Wall Street expectations.During a conference call with analysts, however, management pointed to accelerating growth in key segments, including Banking Solutions, on the same day it announced a partnership with payment network Affirm. The tie-up will enable FIS debit processing bank clients to integrate Affirm’s pay-over-time solution “directly into their ...