FIS Closes Acquisition of Global Payments' Issuer Solutions Business
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FIS has completed the acquisition of Global Payments' Issuer Solutions business for $13.5 billion. This acquisition enhances FIS's product offerings, including credit processing and fraud services, and positions it as the largest issuing business globally. Additionally, FIS has sold its remaining stake in Worldpay to Global Payments. The expanded portfolio now processes over 40 billion transactions annually across 75 countries, strengthening FIS's market presence and financial profile.
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