FIS developed a new embedded finance offering in partnership with Treasury Prime to help financial institutions meet the growing need for digitally-native banking experiences.
Financial technology company FIS is opening its annual InnovateIN48 innovation program, which is traditionally held internally across FIS’ employee base, to U.S. colleges and university students.
Silicon Valley Bank appointed Christopher Hollins head of product sales. In this role, he will lead SVB’s product sales and implementation teams, which provide foreign exchange, treasury and global payments solutions to SVB clients.
FIS completed an amendment and restatement of its credit agreement and an amendment of its term loan. JPMorgan served as administrative agent for the credit facility amendment, and Bank of America served as administrative agent for the term loan.
FIS, a provider of banking and payments technology, outsourcing and consulting solutions, announced that Ellen Alemany has joined the company’s board of directors.