FIS Collecting Industry Accolades
Honors include BankNews Innovative Solutions Award and Europe’s The Prepaid Awards 2009
JACKSONVILLE, Fla., – Dec. 8, 2009 – FIS™ (NYSE: FIS), one of the world’s largest providers of banking and payments technology, today announced industry tributes bestowed upon its global outsourcing and international prepaid card solutions.
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2009 BankNews Innovative Solutions Award: FIS’ Innovative Outsourcing Solutions has won the award for “Best Consulting/Outsourcing/Training Solution.”
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The Prepaid Awards 2009: An electorate composed of key representatives from across the European prepaid industry has named FIS, “Best Prepaid Service Provider.”
Sponsored by BankNews, the Innovative Solutions Award annually recognizes companies that introduced or significantly enhanced products designed to help community banks become more efficient, expand their capabilities and ultimately, better serve their customers. FIS prevailed in a field comprised of 16 competitors, with the award recipient determined by tallying votes cast by the readers of BankNews and Western Banking.
FIS introduced its Innovative Outsourcing Solutions model early in 2009, aligning with a marketplace need to cut costs without impacting service quality. Understanding that each community bank has a unique customer base and a distinct set of outsourcing needs, the FIS Innovative Outsourcing Solutions model allows each bank to find its custom outsourcing solution by choosing from a menu of “top 10” cost-saving options including:
· Back-office services
· Fraud investigation and resolution
· E-care
· Development and support
· Business analysis
· Quality assurance and testing
· Collections
· Remote infrastructure management
· Chargeback processing
· IT outsourcing
Held in association with MasterCard
®, The Prepaid Awards was created to celebrate innovation and best practices within the prepaid industry. Representing eight European countries, an independent panel of experts evaluated all entries before selecting a shortlist of finalists from 10 award categories, including “Best Prepaid Service Provider.” Winners were selected by the more than 300 key industry figures and gathered in London in October to celebrate the best in prepaid at the second annual The Prepaid Awards ceremony.
As one of Europe’s leading specialist prepaid processors, FIS has built long-term relationships with Europe’s most innovative issuers, processing over 200 programmes on their behalf. FIS’ clients, ranging from start-ups to major issuers, have entered new markets across mainland Europe from Romania to the Netherlands. FIS supports its clients across Europe by processing MasterCard, Visa®, private label and restricted loop prepaid cards in all forms, including virtual and contactless.
“It is with great honor that FIS accepts these awards. In both cases, it was the marketplace in which we do business that named FIS ‘best in class’ and that is reflective of our efforts to ensure the success of our clients,” said
Gary Norcross, FIS chief operating officer. “FIS brings to the marketplace unprecedented levels of innovation and expertise, coupled with delivery strength unique to the world’s leading provider of banking and payments technology. As these awards indicate, our clients don’t have to settle for second-best.”
FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE
® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500
® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see
www.fisglobal.com.