WASHINGTON (dpa-AFX) - Tuesday, Fidelity National Information Services, Inc. (FIS) announced a collaboration with Ericsson to help organizations launch wallet-led financial services faster and with less integration complexity.
Under the collaboration, FIS's payments and issuing capabilities will be integrated into the Ericsson Fintech Platform, giving clients a pre-integrated foundation to deploy digital wallet experiences at scale and giving consumers a more direct path to their money.
'By working with Ericsson, FIS wants to remove that friction with trusted capabilities that come connected across the money lifecycle, giving clients a faster, simpler path from idea to deployment,' said Stephanie Ferris, CEO and President, FIS.
On Monday, FIS closed trading at $40.77, down 1.62 percent on the NYSE.
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