FIS · 10-Q · 2026Q2 · Full report

Banking Consolidation Customer Dynamics

Fidelity National Information Services, Inc. · 2026-08-04 · Importance 17 · Surprise 24

FIS expects continued merger and acquisition consolidation among financial institutions, which can increase competition among financial technology providers. Consolidation creates opportunities when surviving institutions retain FIS systems and expand usage, but FIS may lose revenue when competing platforms are selected. Larger combined banks may also gain negotiating leverage or bring previously outsourced solutions in-house, while FIS seeks to mitigate these risks by offering additional competitive solutions.

Key facts

• FIS believes continued consolidation in the banking industry may be beneficial if clients retain FIS solutions and expand their use, but may cause revenue loss if FIS solutions are not chosen or if larger institutions negotiate tougher terms or insource. source