FIS to acquire Issuer Solutions business from Global Payments for $13.5bn.

FIS, a financial technology company, agreed to acquire the Issuer Solutions business from Global Payments, a financial services company, for $13.5bn, in exchange for divesting a stake in Wordpay. “The acquisition of Issuer Solutions is a strategic and accretive transaction that will expand FIS’ payment product suite and deepen our relationships with financial institutions and corporate clients. Issuer Solutions’ globally scaled credit processing capabilities are highly complementary to FIS’ established debit processing capabilities, strengthening our broader banking and capital markets offering," Stephanie Ferris, FIS Chief Executive Officer and President.