Latest news with #financialtechnology
Yahoo
9 hours ago
- Business
- Yahoo
Sparrow expands coverage to five U.S. states, making it easier than ever for Americans to claim missing money
Now available in Pennsylvania, Sparrow expands its secure, automated missing money platform to five states — with more on the way NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- Sparrow, the secure platform that helps Americans claim missing money in minutes, has officially expanded to five states — with Pennsylvania the newest addition. The company's fully automated service now supports residents in California, Texas, Wisconsin, Nebraska, and Pennsylvania, with additional support for Georgia and Florida coming soon. With over $80 billion in unclaimed funds sitting idle — and 1 in 7 Americans estimated to have missing money — Sparrow offers a fast, safe, and frustration-free way to recover what's rightfully yours. Using cutting-edge technology and real-time financial data, Sparrow verifies your identity, retrieves the necessary documents on your behalf, and prepares your claim with minimal effort required. What used to take days — and often involved printing, mailing, or even visiting a notary — now takes most users under five minutes. 'We built Sparrow because the process of claiming lost money felt unnecessarily hard for everyday people,' said Will Nemirovsky, CEO. 'I ran into it myself in 2024, trying to claim a small refund — and it took hours of paperwork and frustration. We knew we could make it effortless and secure using modern technology and automation. Expanding to Pennsylvania is especially meaningful for me —it's where I met my Co-Founder, Jack Goettle.' Sparrow is fully licensed, offers risk-free pricing, and is committed to bank-grade encryption and secure data handling. Claims are processed through streamlined workflows that minimize human error and eliminate guesswork. Behind the scenes is a team of fintech veterans working to modernize a system that has failed everyday consumers for decades. To date, Sparrow has already helped users reclaim millions of dollars — and they're just getting started. Sparrow offers a success-based model: if your claim isn't paid, you don't pay. Check if you're owed money — it only takes a few minutes. Visit to get started. media@ Photos accompanying this announcement are available at: in to access your portfolio
Yahoo
11 hours ago
- Business
- Yahoo
What to Expect From Fidelity National's Earnings Report
With a market cap of $41.3 billion, Fidelity National Information Services, Inc. (FIS) is a global leader in financial technology solutions. The Florida-based company serves financial institutions, businesses, and developers through its three main segments: Banking Solutions, Capital Market Solutions, and Corporate and Other. The company is set to report its Q2 earnings on Tuesday, Aug. 5. Ahead of the event, analysts expect FIS to report an EPS of $1.36 per share, flat from the figure reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is impressive. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect FIS to report an EPS of $5.74, up 10% from $5.22 in fiscal 2024. Moreover, in fiscal 2026, its EPS is expected to grow 8.7% year-over-year to $6.24. Over the past year, FIS shares have surged 3.2%, underperforming the S&P 500 Index's ($SPX) 10.5% gains and the Technology Select Sector SPDR Fund's (XLK) 10.8% rise over the same time frame. On May 6, FIS shares dropped 3.1% after the company reported its first-quarter earnings. The company posted an adjusted EPS of $1.21, surpassing analyst expectations and marking an 11% year-over-year increase. Revenue rose 4% to $2.5 billion, supported by robust growth across its business segments. Additionally, FIS returned $670 million to shareholders during the quarter, including $450 million through share repurchases and $220 million in dividends. Moreover, analysts remain moderately bullish about FIS' stock's future prospects, with a "Moderate Buy" rating overall. Among 28 analysts covering the stock, 14 recommend a 'Strong Buy,' three suggest a 'Moderate Buy,' 10 recommend a 'Hold,' and one suggests a 'Strong Sell.' FIS' mean price of $88.62 implies a premium of 11.7% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error 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
a day ago
- Business
- Yahoo
FIS to Report Second Quarter Earnings on August 5, 2025
JACKSONVILLE, Fla., July 16, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial services technology, will announce second quarter 2025 financial results on Tues., August 5, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, A replay will be available after the conclusion of the live webcast. About FIS 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 Follow FIS on LinkedIn, Facebook and X. View source version on Contacts For More Information Kim SniderSenior Vice PresidentFIS Global Marketing and Corporate George MihalosSenior Vice PresidentHead of Investor Sign in to access your portfolio
Globe and Mail
a day ago
- Business
- Globe and Mail
FIS to Report Second Quarter Earnings on August 5, 2025
FIS ® (NYSE: FIS), a global leader in financial services technology, will announce second quarter 2025 financial results on Tues., August 5, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, A replay will be available after the conclusion of the live webcast. About FIS 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 Follow FIS on LinkedIn, Facebook and X.
Finextra
2 days ago
- Business
- Finextra
Government vows to make UK 'fintech capital of the world'
The UK government is promising bespoke support for financial technology firms as they start, scale and list as it vows to make the country the "fintech capital of the world". 0 Fintech will be a crucial part of the Leeds Reforms to rewire the financial system, boost investment and create skilled jobs across the UK, says Chancellor of the Exchequer Rachael Reeves. Fintechs will receive intensive support through the start-up phase, helping them create a proven concept and attract growth funding. A single regulator point of contact will also help these businesses through the scale-up phase, providing technical support to help understand requirements and speeding up regulator responsiveness. Meanwhile, the government is promising that businesses will benefit from better access to finance thanks to the recent uplifting of the British Business Bank's financial capacity to £25.6 billion. The sector is also being told to expect a better pipeline of skills, with a new Global Talent Taskforce helping attract top international talent to the UK, funding for 50 PhD students and a new financial services skills compact led by the Financial Services Skills Commission to ensure skills needs are met. More broadly, the Leeds Reforms will see efforts made to unlock retail investment in the UK, the cutting of red tape to attract investment, and Bank of England reforms to raise the minimum amount of money and certain types of debt that a bank must have, freeing up billions for lending and investment. Says Reeves: "We fixed the public finances and stabilised the economy. Now we need to double down on our global strengths to put the UK ahead in the global race for financial businesses - creating good skilled jobs in every part of the country and helping savers' money go further through our Plan for Change." Henk Van Hulle, CEO, Open Banking Limited, welcomed the plans: "The Chancellor has committed to exactly the kind of long-term goals the UK needs. A modernised financial system - one that is faster, more open, and easier to navigate - will drive growth, attract global investment, and deliver better outcomes for consumers and growing businesses alike. "We strongly support moves to streamline regulation, improve how money moves across the economy, and unlock more flexible financial advice. But we can do more, and go even faster. With the Data (Use and Access) Act 2025 in place, Open Banking, smart data - and in time, Open Finance - are at the heart of delivering these ambitions."
