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FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments

Key facts

  • FIS becomes the first payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases.
  • The company's new FIS Guaranteed Payments offering helps maximize revenue through higher approval rates and creates a faster, more seamless embedded integration experience for merchants.
  • Guaranteed Payments combats record highs in eCommerce fraud, creating the need for better alignment between revenue assurance and fraud prevention.

Financial technology leader FIS ® (NYSE: FIS) announced today the launch of its Guaranteed Payments solution , becoming the only payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases.

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FIS Delivers Derivatives Solution to Societe Generale to Power Technology Transformation

Key facts:

  • As part of the agreement, Societe Generale selects FIS solution for the strategic transformation of its derivatives clearing back-office.
  • FIS Cleared Derivatives Suite will provide Societe Generale with a new high-performing and modernized technology platform that handles trade clearing and settlement services.

FIS ® (NYSE: FIS) announced today that Societe Generale has signed an extended agreement, selecting the financial technology leader for the strategic transformation of its derivatives clearing and settlement technology. As part of the agreement, the investment bank and financial services group will transition their existing derivatives clearing and settlement IT environment to FIS Cleared Derivatives Suite .

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FIS is Building the Bridge to the Metaverse: Tips for the New Digital Frontier

Key facts

  • At its annual FIS Emerald client event, FIS launched its metastore allowing attendees to get hands on experience with transactions in the metaverse.
  • Initiative supports FIS' leadership role in creating the bridge from physical to digital which includes working with cryptocurrency exchanges and all forms of money movement technology to enable shopping and other transactions.

The metaverse is opening a new frontier of opportunities in the digital economy. As a financial technology leader, FIS ® (NYSE: FIS) is creating a bridge from physical to digital and looking to enhance customer experience for businesses that are innovating in this nascent market.

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