FIS Commits to Cincinnati as a Strategic Technology and Innovation Campus – Yahoo Finance

Key facts

Financial services technology leader FIS (NYSE: FIS) and the State of Ohio announced today that the company plans to solidify its presence in Cincinnati as a Strategic Technology and Innovation Campus.

The campus in Governors Hill, in Symmes Township, Ohio, previously served as the corporate headquarters of Worldpay, which was acquired by FIS on July 31, 2019.

"Our significant presence in the Cincinnati market and the state of Ohio is integral to our long-term growth plans and goals to deepen our global leadership in financial technology innovation," FIS Chairman, CEO and President Gary Norcross said. "We look forward to our continued partnership with the Cincinnati region and the state as we focus on our mission to advance the way the world pays, banks and invests. We would particularly like to acknowledge JobsOhio and REDI Cincinnati for their leadership and assistance with this agreement."

"The technology provided by FIS and its Worldpay merchant payment solutions is central to the movement of money around the world and much of that technological innovation starts here in Ohio," JobsOhio President and Chief Investment Officer J.P. Nauseef said. "As the expectations of consumers change with new technology, it is exciting to know that a Fortune 500 company that is so influential in driving global commerce has one of its most significant locations right here in Ohio."

"We have a rich history in Cincinnati and are excited about the future impact our Ohio colleagues will have in innovating and advancing the customer experience for our clients all over the world," FIS COO Stephanie Ferris said. "This is all part of a new chapter for us in the Cincinnati region, as we continue to hire the regions top tech talent and will be seeking new ways to collaborate with this community."

FIS also said it will continue to invest in its location at the University of Cincinnatis 1819 Innovation Hub, where the company has plans to employ students to work on FinTech applications. The company also plans to continue to work with the University of Cincinnati and Miami University through its initiative to increase the number of studentsespecially women and underrepresented minoritieswho are pursuing degrees related to the fast-growing technology sector.

"Technology is advancing at a rapid rate, and FIS has been leading the way in its industry for a long time. I am thrilled that it will continue to do that from the Cincinnati region," REDI Cincinnati President and CEO Kimm Lauterbach said. "We expect to build on our relationship with FIS in exciting ways that will drive global innovation from our region and provide opportunities for those who want to work and live here."

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500 company and is a member of Standard & Poors 500 Index. To learn more, visit http://www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

About REDI Cincinnati

The Regional Economic Development Initiative (REDI) Cincinnati is the first point-of-contact for companies locating or growing in the 16-county region at the heart of southwest Ohio, northern Kentucky and southeast Indiana. REDI Cincinnati is supported by top business leaders and community partners, and staffed by a team of economic development experts who are uniting the Cincinnati region to compete globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200122005060/en/

Contacts

Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and Communicationskim.snider@fisglobal.com

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FIS Commits to Cincinnati as a Strategic Technology and Innovation Campus - Yahoo Finance