Payments News

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Companies

FIS Is Buying Worldpay for $43 Billion to Form Payments Giant

“The new entity, which will have annual revenue of more than $12 billion, will be better placed to serve the world’s growing e-commerce industry, the two US companies said in a statement Monday. FIS is offering Worldpay shareholders a mix of cash and stock to make the deal happen. It will assume Worldpay’s debt as part […]

On The Wires

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Companies

FIS Technology Speeds Testing And Certification Process For RTP, New Real-Time Payments System From The Clearing House

“Financial institutions and payment firms looking to connect to RTP can use the tool to test their readiness to complete RTP certification. They are required to run a variety of simulated tests prior to being certified on the RTP system. New software from FIS will automate the process, allowing participants to run the required tests […]