FIS Named a Leader in 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America
FIS ® (NYSE: FIS), a global leader in financial technology, has been recognized by Gartner as a Leader in the 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America. This recognition further demonstrates FIS' comprehensive capabilities across the money lifecycle, underscoring its position as the leading technology provider in the banking ecosystem for safeguarding money at rest.
FIS' core banking solutions operate within a widely configurable and connected banking ecosystem that can enable financial institutions to deliver seamless customer experiences across all channels. This allows customers to unlock the money lifecycle from a single platform, elevating the full banking experience and creating a more streamlined and agile environment. The Gartner report evaluated products based on ability to execute and completeness of vision. The three FIS products recognized include:
HORIZON: Received one of the highest customer experience ratings among all vendors and demonstrated above-average API marketplace capabilities that created a more streamlined integration for users while enabling improved collaboration for banks launching new business lines.
Integrated Banking Solution (IBS): Earned one of the highest business functionality scores compared to all other vendors for its ability to unlock efficiencies for new business functionalities and also earned high marks for holistic product support, customer-centric servicing and innovative release strategy.
Modern Banking Platform: Recognized for its strength in native composable and cloud architecture, along with the capabilities to enable secure integration and collaboration between FIS and third-party partners that can quickly create new user experiences across the money lifecycle.
'FIS' positioning in the 'Leaders' and 'Visionaries' quadrants reinforces our dedication to providing the most innovative core banking solutions to our clients,' said John Durrant, co-president, FIS Banking Solutions. 'With FIS' open API technology, institutions can securely manage money at rest while unlocking a thriving banking and payments ecosystem through a flexible platform. This enables our customers to see greater efficiency, quickly launch competitive products and cement relationships with personalized experiences.'
The Gartner Magic Quadrant for Retail Core Banking Systems, North America highlights certain key market trends shaping the core banking industry. Vendor evaluation is based on the 'Ability to Execute' and 'Completeness of Vision.' The criteria for 'Completeness of Vision' are based on the effectiveness of vendor product strategies linked to the market. The criteria for the 'Ability to Execute' focuses on market traction and how the vendor and product are positioned to sustain support for near-term banking market requirements and commitments.
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn, Facebook and X.
Kim Snider, 904.438.6278
Senior Vice President
FIS Global Marketing and Communications
SOURCE: Fidelity National Information Services
Copyright Business Wire 2025.
PUB: 02/10/2025 02:00 PM/DISC: 02/10/2025 02:02 PM
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
Japan Smaller Capitalization Fund, Inc. Announces Initiatives to Enhance Shareholder Value
10% Annual Rate Level Distribution Policy Conditional Tender Offer for 10% of Outstanding Shares NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the 'Fund') (NYSE: JOF) today announced that its Board of Directors (the 'Board') has approved two initiatives aimed at addressing the Fund's trading discount. These initiatives include a level distribution plan and a conditional tender offer. The Board believes these actions reflect the Fund's ongoing commitment to enhancing shareholder value, delivering competitive performance, and providing consistent distributions to long-term shareholders. The plan (the 'Plan') includes (i) implementation of a Level Distribution Plan (the 'LDP') to pay monthly distributions at a 10% annual rate to provide more of the Fund's total return in the form of distributions, and (ii) a conditional tender offer (the 'CTO') of 10% of its outstanding shares. Level Distribution Plan The Board has approved a Level Distribution Plan under which the Fund will pay monthly distributions at an annualized rate of 10% of the Fund's Net Asset Value ('NAV') as of May 31, 2025. The Fund is declaring a monthly distribution of $0.0887 per common share for each of July, August and September. The Fund's distribution details are as follows: Record Date Ex-Dividend Date Payment Date Distribution Amount July 15, 2025 July 15, 2025 July 31, 2025 $ 0.0887 August 15, 2025 August 15, 2025 August 29, 2025 $ 0.0887 September 15, 2025 September 15, 2025 September 30, 2025 $ 0.0887 The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month. In approving the LDP, the Board considered, among other factors, the potential impact of the LDP as a tool to narrow the discount to NAV at which the Fund's shares have historically traded, the Fund's ability to sustain the LDP, and the possibility that making regular distributions could enhance liquidity for common shareholders and potentially attract new investors. Distributions will be made primarily in cash but under the Fund's dividend-reinvestment plan, distributions will be made in Fund shares unless a shareholder has elected to receive cash. Shares held with a broker-dealer will receive distributions in cash. Under the LDP, distributions may be derived from any combination of: (i) net investment income, (ii) realized capital gains, and/or (iii) a return of shareholder capital. The actual composition for each fiscal year will be reported to shareholders on Form 1099-DIV after year-end. Estimates provided in any monthly notice or in this press release are not intended for tax-reporting purposes and should not be relied upon as such. The Fund cannot predict what effect, if any, the LDP will have on the market price of its shares, or whether such market price will trade at a narrower or wider discount to NAV compared to levels prior to the Plan's adoption. Conditional Tender Offer In addition to the LDP, the Board approved a Conditional Tender Offer. The Fund will launch a tender offer for 10% of its outstanding shares, provided that the Fund's shares trade at an average daily market price discount of 9% or greater to NAV during the nine-month measurement period beginning on July 1, 2025 and ending on March 31, 2026 (the 'Measurement Period'). At the end of the Measurement Period, the Fund will announce additional details about the tender offer, as appropriate. In approving the CTO, the Board considered, among other factors, that a rules-based approach gives shareholders clear, time-bounded relief if the discount persists, the complementary nature of the CTO with the LDP, the reinforcement of the Fund's commitment to shareholder-friendly capital management, and the offer of meaningful liquidity to shareholders. There can be no guarantee that these benefits will occur or that any improvement will continue. The Board may terminate or modify the parameters of the Plan at any time without prior notice to the Fund's shareholders if circumstances warrant. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund's common shares. To assist the Board in its evaluation of the LDP, the CTO, and other potential corporate actions, the Fund engaged an unaffiliated financial adviser with significant closed-end fund expertise. The professional fees associated with this limited-duration engagement will be borne by the Fund and are expected to result in a short-term increase in the Fund's expense ratio. Investment Outlook While overall earnings growth is expected to be higher in the United States, the Japanese market is expected to have growth rates comparable to the United States in most sectors besides the Industrials sector. Nomura Asset Management Co., Ltd. ('NAM') believes Return on Equity ('ROE') is on an upward trend in Japan, supported by improvements in profit margins and revenue growth. NAM expects share buybacks and dividend increases will continue to raise the financial leverage. With ongoing corporate reforms, there is a potential for ROE to rise further. Japan remains one of the most attractive markets for individual stock selection due to a lack of coverage. Continued Focus on Long-Term Value Today's announcement represents the Fund's objective to deliver competitive performance and stable distributions to shareholders. The Board and Nomura Asset Management U.S.A. Inc. ('NAM-U.S.A.') remain committed to delivering long-term value creation and addressing the interests of our shareholders. About the Fund The Fund invests primarily in the securities of smaller capitalization companies in Japan and is designed for investors seeking long-term capital appreciation. The Manager of the Fund is NAM-U.S.A., which is based in New York. NAM-U.S.A. is a subsidiary of NAM, which is one of the largest investment advisory companies in Japan in terms of assets under management and serves as the investment adviser to the Fund. Forward Looking Statements Certain information discussed in this press release may constitute forward-looking statements within the meaning of U.S. federal securities laws. Although the Fund and NAM-U.S.A. believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, the Fund and NAM-U.S.A. can give no assurance that their expectations will be achieved. Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected. Contact: Maria Premole 1-800-833-0018 JOFInvestorRelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
The Coffee Bean & Tea Leaf® Kicks Off Summer with Bold New Ice Blended® Drink Menu and Refreshing Ube Coconut Lineup
The creators of the original Ice Blended® drink celebrate summer with nostalgic favorites, new modern flavors, and can't-miss, weekly promotions LOS ANGELES, June 6, 2025 /PRNewswire/ -- This summer, The Coffee Bean & Tea Leaf® is taking you on a flavor journey with a menu that blends nostalgia and innovation. Now through August 19, 2025, we're celebrating our legacy as the pioneers of the Ice Blended® drink, with a fresh lineup of drinks that's bound to become your new summer obsession. It all started in 1987, when a barista at Coffee Bean & Tea Leaf crafted the very first Ice Blended® drink, changing the world of coffee forever. Fast forward nearly four decades, and we're still leading the charge with that same spirit of creativity and passion. This summer, we're bringing back the classics—like the Ultimate Cold Brew Ice Blended® drink and CaraMocha Ice Blended® drink—and introducing bold new flavors that perfectly capture the essence of sunny California days. "We're thrilled to continue our legacy as tastemakers while constantly pushing the envelope with new and exciting flavor experiences," said Dee Hadley, Head of Marketing, Americas at The Coffee Bean & Tea Leaf. "We didn't just create the Ice Blended® drink, we started a movement. And now, we're inviting our guests to enjoy the flavors that made us who we are, alongside fresh, seasonal creations that are sure to make summer unforgettable." The summer lineup is all about celebrating the best of both worlds: the time-tested favorites that made us famous, and the bold new twists that keep things exciting. So, whether you're a long-time fan or new to the scene, there's something for everyone to savor. Get ready for a few surprises: The three new Ice Blended® beverages are a delicious mix of the classic and the contemporary, ensuring that each sip is as refreshing as a cool breeze on a hot Los Angeles day. Ready to experience summer in a cup? Head to your local cafe for the three new, bold Ice Blended beverages that build on Coffee Bean and Tea Leaf's legacy as a tastemaker of flavor innovation. The beverages include: Ultimate Cold Brew Ice Blended® Drink: Fan-favorite chocolate-covered espresso beans return in the new Ultimate Cold Brew Ice Blended® drink, delivering bold flavor and unbeatable texture. Finished with chocolate drizzle and whipped cream, it's the perfect caffeinated kick for summer. Want to take it up a notch? Make any drink Ultimate by adding chocolate-covered espresso beans. CaraMocha Ice Blended® Drink: A decadent remix of the beloved Mocha Ice Blended® drink, this version adds rich caramel blended in and drizzled throughout—a delightful evolution of a time-tested favorite. Pure CaraMocha Ice Blended® Drink: A twist on our popular Caramel Ice Blended, made with chocolate powder instead of vanilla for an indulgent, chocolatey sweet treat! Ube Coconut Affogato Ice Blended® Drink: Bright, tropical, and richly creamy, this seasonal sensation blends ube and coconut, crowned with a shot of espresso and a swirl of whipped cream. For those craving a lighter yet equally flavorful refreshment, Coffee Bean & Tea Leaf's new lineup of Ube Coconut beverages also includes the Iced Ube Coconut Cream Vanilla Latte with Boba, Iced Ube Coconut Cream Matcha Latte and Ube Coconut Cream Cap Modifier, for a tropical touch to any drink. To celebrate Coffee Bean & Tea Leaf's tastemaker history, the brand is rolling out exciting promotions all summer long: National Ice Blended Day (June 11): Guests can enjoy a $3 small Ice Blended® drink from 12–6 PM. Throwback Thursdays (June 19 - August 14): Every Thursday, from 12–6 PM, guests can grab a Regular Mocha or Vanilla Ice Blended® drink for just $4 (limit 2 per transaction; paid modifiers not included). Whether you're re-experiencing the Original Ice Blended® drink or trying a tropical twist for the first time, this summer is all about flavor, fun, and frozen memories at Coffee Bean & Tea Leaf. For more information about the new beverages, please visit About The Coffee Bean & Tea Leaf® Founded in Southern California in 1963, The Coffee Bean & Tea Leaf® is a global specialty coffee and tea house that inspires new experiences through our flavors from around the world. We source the finest coffees and teas from local communities and then handcraft every beverage to bring out the freshest flavors. As the creator of The Original Ice Blended®, we continue to innovate to enable people everywhere to enjoy the classics as well as new flavors both in our cafés and at home. Headquartered in Asia and a business of the Jollibee Group of Companies, The Coffee Bean & Tea Leaf passionately operates in more than 1,100 locations, across over 20 countries. For more information, visit View original content to download multimedia: SOURCE The Coffee Bean & Tea Leaf
Yahoo
28 minutes ago
- Yahoo
Why NuScale Power Stock Soared 93% Last Month
NuScale Power is soaring along with the narrative around nuclear energy stocks. Companies are looking for nuclear power to provide reliable electricity generation. The stock is overvalued for a company that may never generate any revenue. 10 stocks we like better than NuScale Power › Last month, shares of NuScale Power (NYSE: SMR) shot up more than 93%, according to data from S&P Global Market Intelligence. The designer of small modular nuclear reactors (SMRs for short) won approval for one of its designs and is benefiting from the narrative around a nuclear renaissance in the United States. It currently has a market cap of $9 billion, zero revenue, and a share price that is up 347% in the past year. Here's why the stock rocketed higher yet again in the month of May. We are in the midst of a power generating revolution. The insatiable demand for electricity from artificial intelligence (AI) data centers is causing power consumption to grow again in the United States. To prepare to match supply with demand, the large technology companies are signing long-term deals with utilities. For example, just this week, Meta Platforms signed a deal with Constellation Energy for 1.1 gigawatts of power from one of its nuclear reactors. And the president has signed executive orders calling for a reinvigoration of the nuclear power industry. While none of this will directly impact NuScale Power, investors generally view the company in the category of nuclear stocks, which is why its shares are soaring this year. It has nothing to do with its financials, which are basically nonexistent. The company hopes to benefit from this demand when its reactors come on line, which will not be until 2030 at the earliest. NuScale may be a hot stock today, but it is highly risky and has a difficult path ahead of it. It is generating zero revenue, will not generate any for many years, and is burning around $100 million in free cash flow annually. It has a market cap approaching $10 billion even without any sales. SMRs are an interesting idea, but are a cutting-edge technology that may not work at scale. Investors buying shares today are essentially betting on a science project making a company with a market cap of $8.9 billion worth something well into the future. This is not a good bet to make. It could end in pain for shareholders. Avoid NuScale Power stock today. Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Constellation Energy and Meta Platforms. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. Why NuScale Power Stock Soared 93% Last Month was originally published by The Motley Fool
