Fidelity National Information Services
36 named things its latest annual report says its results depend on, each in the company's own words. 25 of them are also named by other companies we've read.
Customers
U.S. community banks
earns fromnamed as a riskcompetitive pressures on pricing related to the decreasing number of community banks in the U.S., the development of new disruptive technologies competing with one or more of our solutions, increasing presence of international competitors in the U.S. market and the entry into the market by global banks and global companies with respect to certain competitive solutions, each of which may have the impact of unbundling individual solutions from a comprehensive suite of solutions we provide to many of our customers;Risk factors (Item 1A)
Suppliers
Treasury services financial institutions
depends onnamed as a riskAn inability to obtain such treasury services in the future could have a material adverse effect on our business, financial condition or results of operations.Risk factors (Item 1A)
Partners and platforms
Worldpay Holdco, LLC
45% equity interestFIS retained a non-controlling 45% equity interest in a new standalone joint venture, Worldpay Holdco, LLC ("Worldpay"), following the closing of the 2024 Worldpay Sale.Business (Item 1)
Also named by GPN
Payment networks
subject tonamed as a riskfailure to comply with applicable requirements of payment networks or changes in those requirements;Risk factors (Item 1A)
Also named by KEY
Mastercard
depends onOur card and retail payment technology solutions allow clients to issue VISA®, MasterCard® or other payment network-branded credit and debit cards or other electronic payment cards for use by both consumer and business accounts.Business (Item 1)
Also named by AXP, CASH, COF, CPAY, DDS, EEFT, FISV, GPN and 7 more
Visa
depends onOur card and retail payment technology solutions allow clients to issue VISA®, MasterCard® or other payment network-branded credit and debit cards or other electronic payment cards for use by both consumer and business accounts.Business (Item 1)
Also named by AFRM, AXP, CASH, COF, EEFT, FISV, GPN, JKHY and 6 more
Other companies
Global Payments Inc.
approximately $7.7 billion of new debtnamed as a riskWe funded the Issuer Solutions Acquisition through a combination of approximately $7.7 billion of new debt and the 2026 Worldpay Minority Interest Sale.Business (Item 1)
Issuer Solutions Business (FIS Total Issuing Solutions)
approximately $7.7 billionnamed as a riskOn January 9, 2026, FIS incurred debt of approximately $7.7 billion to finance the cash portion of the Issuer Solutions Acquisition.Risk factors (Item 1A)
GTCR, LLC
55% equity interestOn January 31, 2024, we completed the sale (the "2024 Worldpay Sale") of a 55% equity interest in our Worldpay Merchant Solutions business to private equity funds managed by GTCR, LLC (such funds, the "Buyer").Business (Item 1)
Places
International operations (non-U.S.)
earns from · approximately 23% of our total 2025 revenuenamed as a riskOur international operations represented approximately 23% of our total 2025 revenue and are largely conducted in currencies other than the U.S. Dollar, including the British Pound Sterling, Euro, Swedish Krona, Australian Dollar, Brazilian Real, Swiss Franc, Canadian Dollar and Indian Rupee.Risk factors (Item 1A)
Also named by APG, AXP, CARR, COP, COST, DD, ECL, EQIX and 14 more
Brazil
operates in · Approximately 2,000 of our employeesApproximately 2,000 of our employees, primarily in Brazil and Europe, are represented by labor unions or works councils as of December 31, 2025.Business (Item 1)
Also named by ADM, ASO, AZO, BALL, CPAY, CPRT, CTVA, DE and 32 more
Emerging markets (Latin America, India, Southeast Asia, Middle East, Africa)
operates innamed as a riskThese emerging market economies tend to be more volatile than the more established markets we serve in North America and Europe, which could add volatility to our future revenue and earnings.Risk factors (Item 1A)
Also named by ABT, AVY, BEN, BGC, C, EMR, MDLZ, SWK and 1 more
BRICS countries
named as a riskIntelligence sources, along with peer assessments and other observers, suggest that cyber actors from some of the BRICS countries may conduct attacks on payment infrastructure, including third-party fintech services, to undermine trust in the Western financial infrastructure.Risk factors (Item 1A)
Hazards
Russia-Ukraine war
named as a riskIn addition, the direct and indirect effects of geopolitical conflicts, such as the Russia-Ukraine war and conflicts in the Middle East, have adversely affected global economic activity and transaction processing volumes.Risk factors (Item 1A)
Also named by ADSK, ATR, AVAV, CSCO, CTVA, EMR, FLO, FND and 21 more
Commodities and inputs
Euro
exposed to its price · approximately €3.4 billion aggregate principal amount of Euro-denominated senior notesnamed as a riskAt December 31, 2025, the Company had outstanding approximately €3.4 billion aggregate principal amount of Euro-denominated senior notes and approximately €0.1 billion aggregate principal amount of Euro-denominated commercial paper, or the combined equivalent of approximately $4.1 billion aggregate principal amount.Risk factors (Item 1A)
Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more
British Pound Sterling
exposed to its price · $49named as a riskThe major currencies to which our revenue is exposed are the British Pound Sterling, Euro, Swedish Krona, Australian Dollar, Brazilian Real, Swiss Franc, Canadian Dollar and Indian Rupee.Market risk (Item 7A)
Also named by AMG, BGC, BKNG, CBRE, CTRE, FCFS, FDS, FSK and 31 more
Swedish Krona
exposed to its price · $12named as a riskThe major currencies to which our revenue is exposed are the British Pound Sterling, Euro, Swedish Krona, Australian Dollar, Brazilian Real, Swiss Franc, Canadian Dollar and Indian Rupee.Market risk (Item 7A)
Regulators
Consumer Financial Protection Bureau (CFPB)
subject tonamed as a riskAs a result, these requirements, or proposed or future requirements, could have an adverse impact on our financial condition, revenue, results of operations, prospects for future growth and overall business.Risk factors (Item 1A)
Also named by ABNB, AFRM, ALLY, AN, AUB, AXP, BAC, CASH and 61 more
Office of Foreign Assets Control (OFAC)
subject tonamed as a riskOur failure to comply with any of these requirements could result in the suspension or revocation of a license, loss of consumer confidence, and/or the imposition of civil or criminal penalties.Risk factors (Item 1A)
Also named by ABNB, ADP, AIG, APP, BMI, BMNR, BPOP, CAT and 46 more
Financial Industry Regulatory Authority (FINRA)
subject tonamed as a riskOne of our subsidiaries is an SEC-registered broker-dealer in the U.S. and is subject to the financial and operational rules of FINRA, and others are authorized by the FCA to conduct certain regulated business in the U.K.Risk factors (Item 1A)
Also named by AB, ADP, AGNC, AMG, AMP, BAM, BEN, BR and 23 more
New York Department of Financial Services
subject tonamed as a riskThe New York Department of Financial Services has enacted rules that require covered financial institutions to establish and maintain cybersecurity programs.Risk factors (Item 1A)
Federal Financial Institutions Examination Council (FFIEC)
subject tonamed as a riskA failure to comply with these laws, or a failure to meet the supervisory expectations of the banking regulators, could result in adverse action against the Company.Risk factors (Item 1A)
European Supervisory Authorities (ESAs)
subject tonamed as a riskThis designation places us under the direct supervision and oversight of the ESAs with respect to DORA compliance and the management of operational and cyber risks for our clients in the European financial sector.Business (Item 1)
HM Treasury
subject tonamed as a riskFor example, in the U.K., HM Treasury has powers to designate critical third-party providers to the financial services sector, subjecting them to additional regulatory oversight and obligations regarding reporting, incident management and testing.Risk factors (Item 1A)
Financial Conduct Authority (FCA)
subject toIn the U.K., our Platform Securities and broker-dealer businesses are regulated by the FCA and are also subject to further regulatory capital requirements.Risk factors (Item 1A)
Also named by AFRM, AJG, AMG, AMP, BGC, BRO, CBOE, COF and 17 more
Georgia Department of Banking and Finance
subject toOur U.S. wealth and retirement business is required to hold certain levels of regulatory capital as defined by the state banking regulator in Georgia.Risk factors (Item 1A)
Also named by FISV
Laws and programs
OECD Pillar Two
subject to · minimum effective tax rate of 15%On December 15, 2022, the E.U. Member States formally adopted the E.U.’s Pillar Two Directive, which generally provides for a minimum effective tax rate of 15%, as established by the Organization for Economic Co-operation and Development Pillar Two Framework that was supported by over 130 countries worldwide.Risk factors (Item 1A)
Also named by APO, BAM, BAX, BF/B, CHRW, COHR, CPNG, CRM and 45 more
General Data Protection Regulation (GDPR)
subject tonamed as a riskThe GDPR has heightened our privacy and data protection compliance obligations, impacted our businesses' collection, processing and retention of personal data and imposed stricter standards for reporting personal data breaches.Business (Item 1)
Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more
EU AI Act
subject tonamed as a riskFor instance, the E.U. AI Act imposes a number of requirements (some of which took effect in August 2025 and will take effect in August 2026 and August 2027) that differ depending on the type and use of a particular AI system, but which will at a minimum include extensive documentation and transparency requirements.Risk factors (Item 1A)
Also named by ACN, ADBE, AMD, AXON, CGNX, CRM, CRWD, CTSH and 36 more
NIS2 Directive
subject tonamed as a riskCompliance with these laws and regulations may require us to change our technology for information security, operational infrastructure, policies, and procedures, which could be time-consuming and costly and may result in additional regulatory burdens for the Company.Risk factors (Item 1A)
Also named by RBLX
E.U. Digital Operational Resilience Act (DORA)
subject tonamed as a riskFailure to support our clients in achieving compliance with DORA and similar global regulatory regimes may cause us to lose revenue or clients and/or result in damage to our reputation, and may also attract scrutiny from regulators.Business (Item 1)
Gramm-Leach-Bliley Act (GLBA)
subject toOur financial institution clients operating in the U.S. are required to comply with privacy regulations imposed under the GLBA and numerous similar state laws.Business (Item 1)
Also named by BR, CINF, EFX, FICO, FITB, OMF, ORI, PAYC and 4 more
Fair Credit Reporting Act (FCRA)
subject toOur decision solutions subsidiary, ChexSystems, maintains a database of consumer information used to provide various account opening services, including credit scoring analysis, and is subject to the Federal Fair Credit Reporting Act ("FCRA") and similar state laws.Business (Item 1)
SEC Rule 15c3-1 (uniform net capital rule)
subject toIn particular, as a registered broker-dealer and member of a self-regulatory organization, we are subject to the SEC's uniform net capital rule, Rule 15c3-1.Business (Item 1)
Also named by CG
Multi-Regional Data Processing Servicer (MDPS) program
subject toAs a provider of electronic data processing and back-office services to financial institutions, FIS is subject to regulatory oversight and examination by the FFIEC, an interagency body of federal banking regulators including the Federal Deposit Insurance Corporation ("FDIC"), the Office of the Comptroller of the Currency ("OCC"), the Board of Governors of the Federal Reserve System ("FRB"), the National Credit Union Administration ("NCUA") (collectively, the Federal Banking Agencies or "FBA") and the CFPB, including as part of the Multi-Regional Data Processing Servicer ("MDPS") program.Business (Item 1)
FCA Consumer Duty
subject toIn addition, our U.K. regulated entity, Platform Securities LLP, is required to comply with the FCA’s Consumer Duty (the "Duty") in connection with its Wealth business.Business (Item 1)