FIS Earns a Spot on TIME's List of the World's Best Companies for 2024
FIS (NYSE: FIS), recognized as a global leader in financial services technology, has achieved the honorable distinction of being included in TIME’s list of the World’s Best Companies for 2024. This accolade highlights the firm’s outstanding performance and commitment to responsible business practices within the financial services industry.
How the Recognition Process Works
In partnership with Statista, a leader in market and consumer data, TIME assessed numerous companies based on three main criteria: employee satisfaction, revenue growth, and sustainability. This thorough evaluation involved extensive research and data analysis from various surveys and databases, measuring over 15 separate factors to guarantee an equitable assessment.
FIS's Impressive Performance Metrics
FIS achieved an exceptional overall score of 87.59 out of 100, showcasing its commitment to growth while positively impacting employees, clients, and communities around the globe. As of September 2024, the company has outperformed the S&P 500 by 24% in total shareholder returns for the year, highlighting its strong market performance.
Insights from Leadership on the Recognition
“We are genuinely honored to be recognized by TIME as one of the World’s Best Companies,” said Stephanie Ferris, President and CEO of FIS. She pointed out that this recognition reflects FIS’s mission of empowering financial technology throughout the money lifecycle and underscores the company culture that promotes learning, growth, and meaningful contributions from its workforce.
Sustainability Efforts and Advancements
In mid-2024, FIS published its fifth annual Global Sustainability Report. This report detailed the company's resolve to support individuals and businesses in the digital economy while safeguarding clients and the financial system. It also emphasized FIS's commitment to inclusion and diversity initiatives, environmental responsibility, and sustainable supply chain practices, all underscored by strong governance.
Financial Achievements and Innovations
The Global Sustainability Report aligns with FIS's impressive financial outcomes from the first and second quarters of 2024. The company has rolled out new small business lending solutions and innovative climate risk financial tools, positioning itself as a frontrunner in fintech innovation. Additionally, Stephanie Ferris was recognized as American Banker’s Most Influential Woman in Fintech, reinforcing the company's dedication to impactful leadership and creativity.
Introducing Atelio™ by FIS
One of FIS's remarkable accomplishments includes the launch of Atelio™ by FIS, a state-of-the-art fintech platform aimed at enhancing financial services for institutions, businesses, and developers. This platform is designed to streamline the integration of financial services into various offerings, further solidifying FIS’s role in the financial industry.
About FIS
FIS is a leading global provider of financial technology solutions, catering to financial institutions, businesses, and developers. The company is focused on driving digital transformation in the financial sector, reshaping how the world banks, pays, and invests. With an emphasis on reliability and innovation, FIS empowers its clients to effectively manage, grow, and secure their enterprises. Headquartered in Jacksonville, Florida, FIS is listed on the Fortune 500 and trades as 'FIS' on the New York Stock Exchange.
Frequently Asked Questions
What recognition did FIS receive in 2024?
FIS was named one of TIME’s World’s Best Companies for 2024, illustrating its remarkable performance and responsible practices.
How did TIME evaluate the companies for this recognition?
TIME, working alongside Statista, assessed companies based on employee satisfaction, revenue growth, and sustainability through comprehensive surveys and research.
What was FIS's score on the ranking?
FIS received an impressive overall score of 87.59 out of 100, reflecting its commitment to growth and positive impact.
What initiatives has FIS launched recently?
Recently, FIS introduced new small business lending solutions and climate risk financial tools, enhancing its range of services.
What is Atelio™ by FIS?
Atelio™ is an innovative fintech platform created by FIS that helps institutions, businesses, and developers seamlessly integrate financial services into their operations.
