A fortuitously-timed acquisition moved this Fortune 500 fintech’s strategy ‘years ahead’ during COVID

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Plenty of businesses have seen the pandemic decimate their prospects as entire industries shut down, or customers pare back. But a lucky few have seen the opposite: a strategy that was already underway before the pandemic now looks brilliant because of it.

Such is the case with Fidelity National Information Services (FIS),the Jacksonville-based finch company which is ranked No. 303 on the Fortune 500. For most of its 52-year history, FIS focused on financial products and services.

Early last spring, FIS had decided to branch out, acquiring Worldpay, a company that processes some 40 million transactions a year, for $43

Read more    Source: fortune.com

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