FIS caters to banks’ AI appetite

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Fidelity National Information Services (FIS) is positioning itself as a key partner for financial institutions seeking to adopt artificial intelligence capabilities. CEO Stephanie Ferris highlighted AI as a “strategic accelerant” for the business, emphasizing the company’s data, regulatory experience, and scale. FIS reported a 7% revenue growth in Q4, adjusting for recent sales and purchases, and plans continued cost-cutting measures after a significant reduction in headcount.

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