FNIS Swings to Profit as Sales Climb

Financial technology vendor Fidelity National Information Services Inc.'s sales rose 8.8% from a year earlier to $1.4 billion in the fourth quarter, the company said Tuesday.

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FNIS, which sells account management, payments processing and risk management software to depositories and commercial mortgages firms, reported net income of $112.3 million for the quarter ending Dec. 31, compared with a net loss of $52.8 million.

Among its offerings is applications for syndicated commercial loan originations.


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Originations Mortgage technology
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