Fidelity National Information Services Acquires Digital Banking Platform Amount

Fidelity National Information Services Inc. (FIS) has acquired Amount, a digital banking origination and decisioning platform. The acquisition will enable FIS to expand its digital account-opening tools across its core banking and card systems, helping customers grow their deposit, loan, and card portfolios. The deal supports FIS's effort to standardize and expand its technology offerings across financial markets.

Fidelity National Information Services Inc. (FIS) has completed the acquisition of Amount, a leading Chicago-based digital banking origination and decisioning solutions provider. The acquisition aims to enhance FIS's digital capabilities, particularly in account opening and payment processing, to better serve its clients.

Amount's cloud-native, unified platform, which includes embedded AI, will streamline the onboarding process for banks, lenders, and credit unions. This integration will enable FIS to offer a premier digital account-opening experience for both consumers and small businesses across lending, cards, and deposits. The platform processed more than 150 million new account applications, highlighting its significant impact on the financial sector.

The acquisition is expected to solidify FIS’s Banking Solutions segment by adding a digital-native, cloud-first capability. It will also enable clients to grow their deposit, loan, and card portfolios more effectively and securely. Revenues from the unit advanced 4% year over year in the first half of 2025 FIS Strengthens Digital Capabilities With Amount Acquisition^[1].

FIS has a history of investing in cutting-edge technologies and developing new solutions to strengthen the payment infrastructure. By leveraging ongoing software innovation, strategic acquisitions, and equity investments, FIS expands its range of offerings, allowing it to cross-sell more services to existing clients while drawing in new ones. Additionally, FIS partners with other organizations to deliver integrated, end-to-end solutions to its customers.

Shares of Fidelity National have lost 14% in the past six months compared to the industry’s 3.2% fall. FIS currently carries a Zacks Rank #3 (Hold) FIS Strengthens Digital Capabilities With Amount Acquisition^[1]. Investors may want to consider other better-ranked stocks in the Business Services space, such as PagSeguro Digital Ltd. (PAGS), Barrett Business Services, Inc. (BBSI), and Omnicom Group Inc. (OMC) FIS Strengthens Digital Capabilities With Amount Acquisition^[1].