For the second year in a row, FIS™ (NYSE:FIS), the world’s largest provider of banking and payments technology, has achieved the No. 1 ranking on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. This marks the third time in the last six years that FIS has held the top position in the ranking by American Banker, Bank Technology News and research firm IDC Financial Insights.
“Technology continues at the forefront of the industry, and FIS is investing in personalization, information security and change technologies that are driving our clients’ success,” said Frank Martire, FIS chairman and CEO. “We’re helping our clients realize greater efficiencies, profitability and customer loyalty while empowering their customers with dynamic financial services experiences.”
The FinTech 100 ranks vertical technology vendors that derive more than one-third of their revenue from the financial services industry. FIS’ perennial place at the top of the FinTech 100 reflects the company’s ability to meet the technology needs of financial institutions of all sizes. The company’s continued investment in innovation underscores its long-term promise of helping to enhance its clients’ success.
“In a challenging and competitive environment, FIS maintained its top position among leading global financial technology providers. Financial institutions are relying more than ever on technology providers for innovative and effective solutions to run their businesses more efficiently and the leaders of the FinTech 100 excel in meeting those demands,” said Karen Massey, senior analyst, IDC Financial Insights.
Retaining the top rank highlights FIS’ position as a global leader. The company has also been the recipient of 10 industry awards in 2012 for solution and service excellence.
“Even in today’s challenging economy, we’re planning for tomorrow,” added Martire. “That’s because our clients must have the technologies, solutions and services to thrive in a dynamic marketplace. FIS is driven by the ability to connect a consumer to their financial institution anywhere they touch money or perform a financial transaction, and we promise to provide our clients with the financial services, technologies and innovations they need to continue to grow their customer bases for years to come.”