Memento Security
FIS (Fidelity Information Services, NYSE: FIS) is a global financial technology company that provides core banking, payments, capital markets, treasury, and risk management software to over 100,000 clients — including most leading global banks and all top 100 insurance firms — across 150+ countries.
- Company typePublic
- Founded1968
- HeadquartersJacksonville, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
What Memento Security does
FIS (Fidelity Information Services, NYSE: FIS) is a global financial technology company headquartered at 347 Riverside Ave., Jacksonville, Florida, that provides software, processing, and risk services across the full money lifecycle — Money at Rest (core banking and digital banking), Money in Motion (payments, treasury, and financial network orchestration), and Money at Work (capital markets, investment, and asset management). Its platform spans proprietary core banking systems (HORIZON, IBS Core), digital banking (Digital One), treasury and CFO office automation (Automated Finance, Integrity Edition, Quantum Edition), capital markets trading and post-trade processing (Cross-Asset Trading and Risk Platform, Cleared Derivatives Suite), the NYCE Payments Network, and an open API layer (Code Connect). The company is investing heavily in agentic AI, most notably through a 2026 partnership with Anthropic to build a financial crimes detection agent for banks, and operates an internal innovation program (InnovateIN48) and a fintech accelerator with 80 alumni companies.
FIS serves financial institutions of every size — community banks, regional banks, large multinational banks, credit unions, MDIs and CDFIs, the top 100 global insurance firms, over 6,000 capital markets clients, and corporate treasury departments (LVMH, Arm Ltd., Bayer, Lenovo) — across more than 150 countries. Its customer base exceeds 100,000 clients and processes billions of transactions annually across its payment and banking networks. Solutions are delivered through on-premise licensing, hosted managed services, and SaaS, with revenue derived from a mix of subscription/recurring licensing, per-transaction payment processing fees, and professional and managed services, in each case negotiated per client based on scope, volume, and deployment model.
FIS was founded in 1968, completed the approximately $43 billion acquisition of Worldpay in 2019, and completed the acquisition of TSYS (now Total Issuing Solutions) in 2026. It holds SOC 2 Type II, ISO 27001, PCI DSS, FedRAMP Moderate, and GDPR compliance certifications and has been ranked #1 in IDC Fintech Rankings in 2019 and 2022 and Overall Winner of Chartis RiskTech100 in 2021 and 2022. The company employs 10,000+ people globally, runs direct enterprise field sales alongside an inside sales motion for mid-market, and distributes APIs through Code Connect and a developer portal.
Memento Security firmographics
Firmographics- Name
- Memento Security
- Legal name
- Fidelity Information Services, Inc.
- Website
- https://fisglobal.com
- Company type
- Public
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- FIS (Fidelity Information Services, NYSE: FIS) is a global financial technology company that provides core banking, payments, capital markets, treasury, and risk management software to over 100,000 clients — including most leading global banks and all top 100 insurance firms — across 150+ countries.
- Ownership category
- akta.pro rank
Memento Security industry classification
Industry- Product category
- Financial Technology Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Finance and Insurance (52), Open-End Investment Funds (525910)
- SIC
- Finance Services (6199), Asset-Backed Securities (6189), Investment Advice (6282)
- akta.pro primary industry
- Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration) (FSABAIAE)
- akta.pro secondary industries
- AML/CTF Transaction Monitoring & Case Management (FSAGAFAC), AML/KYC, Investor Onboarding & Compliance Services (FSAAAMAE)
Keywords
Where Memento Security is headquartered
LocationHeadquarters
- HQ city
- Jacksonville
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Memento Security business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Enterprise Software & Platform Licensing: FIS generates revenue primarily through licensing its core banking, capital markets, payments, and treasury software platforms to financial institutions of all sizes. Platforms are delivered as on-premise licensed software, hosted managed services, or SaaS subscriptions. Revenue is driven by asset volumes, transaction volumes, and AUM on platforms, with multi-year contracts typical for enterprise clients.
- Transaction & Payment Processing: FIS processes billions of transactions annually across payment networks (NYCE, etc.), card issuing, and treasury operations. Revenue is driven by per-transaction fees across ACH, wire, debit, credit, and real-time payment rails.
- Professional & Managed Services: Implementation, consulting, system integration, and ongoing managed services (e.g., Managed IT, fraud management as a service) contribute to revenue, often bundled with software licensing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing and SaaS — pricing negotiated per client based on scope and scale. |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels11 records
Memento Security product offering
Product offeringCore offering
Memento Security (operating data describes FIS) provides financial-technology software and services spanning the full money lifecycle through three solution families: Money at Rest (core banking and digital banking), Money in Motion (payments, treasury, and financial networks), and Money at Work (capital markets, asset management, lending, and risk). Solutions are delivered as enterprise software licenses, hosted managed services, or SaaS to banks, credit unions, insurers, capital markets firms, and corporate treasuries. Additional offerings include private capital accounting, corporate CFO office suites, open APIs, and an emerging AI Financial Crimes Agent built with Anthropic.
Product overview
FIS (Fidelity Information Services) is a financial technology company providing solutions across the full money lifecycle through three interconnected platforms: Money at Rest (core banking systems and digital banking including Digital One and HORIZON), Money in Motion (payment, treasury and financial networks including Open Payment Framework and Money Movement Hub), and Money at Work (investment and asset management including Private Capital Suite). The platform-plus-modules architecture includes core products like Automated Finance for CFO offices, integrated wealth management solutions (Wealth Access, First Rate, GreenHill), and specialized add-ons for payments, cybersecurity, and compliance. Developer access is enabled through FIS Code Connect open API platform with additional portals for Total Issuing Solutions, Total Issuing PRIME, Everlink, and Accounting Data as a Service.
Differentiator
Problem solved
Functional benefit
Brands
- FIS Horizon: Core banking platform for financial institutions
- FIS Digital One
- Automated Finance
- Private Capital Suite
- Code Connect
- Total Issuing Solutions
- NYCE Payments Network
- Harmony
- FIS Everlink
- InnovateIN48
- Fintech Accelerator
Products and services
- Digital One
Quantifiable outcome
- Newburyport Bank achieved 223% growth in commercial lending infrastructure after implementing FIS HORIZON.
- +6 more outcomes
Companies that use Memento Security
Customer profileNamed customers25 records
Segments7 records
Ideal customer profiles7 records
Memento Security technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability7 records
Feature6 records
Memento Security partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AnthropicflagshipFIS announced a major partnership with Anthropic to build an AI financial crimes agent to help banks detect and prevent financial crimes. The partnership, covered by Forbes and the Wall Street Journal, signals a new era of AI infrastructure in banking, positioning FIS at the center of the agentic AI era in financial services. The AI agent is being developed to help banks police financial crimes using Anthropic's Claude models integrated into FIS's financial infrastructure.
Scale indicators14 records
Recent moves6 records
Expansion highlights7 records
Memento Security competitors and assessment
Company assessmentDirect peers
- SS&C Technologies: Direct competitor in asset and wealth management, fund administration, and capital markets technology. Overlaps with FIS's Private Capital Suite, fund accounting, and post-trade processing solutions.
- Jack Henry & Associates: Direct competitor in core banking and digital banking technology, primarily serving community and mid-size banks and credit unions. Overlaps with FIS's HORIZON and IBS Core offerings in the community/mid-market segment.
- Temenos: Swiss-based direct competitor in core banking and wealth management software, serving Tier 1, Tier 2, and Tier 3 banks globally. Competes head-to-head with FIS in digital banking and core modernization deals internationally.
- Fiserv: Closest direct competitor to FIS in core banking, merchant acquiring, and payments processing for financial institutions. Both serve the largest U.S. banks with similar end-to-end fintech stacks spanning core, payments, and digital banking.
Emerging players
- Thought Machine: Cloud-native core banking platform (Vault) gaining Tier 1 bank wins (Lloyds, JPMorgan, Standard Chartered). Represents the most credible long-term threat to FIS's legacy core banking franchise.
- Stripe: Cloud-native payments infrastructure competitor, particularly in merchant acquiring, embedded payments, and developer-first payment experiences that bypass traditional bank processors like FIS/Worldpay.
- nCino: Cloud-native banking software challenger specializing in commercial lending, account opening, and customer onboarding. Increasingly displaces legacy FIS modules in Tier 1 and Tier 2 bank transformations.
- Marqeta: Modern card-issuing platform competing with FIS's Total Issuing Solutions (formerly TSYS). Direct overlap in modern, API-first issuer processing for fintechs and digital-first banks.
Broad incumbents
- Oracle Financial Services: Broad incumbent offering banking, risk, and compliance platforms (Oracle Banking Platform, OFSAA). Competes with FIS in core banking modernization and risk/analytics for Tier 1 banks, particularly in emerging markets.
- Broadridge Financial Solutions: Large incumbent in capital markets infrastructure, investor communications, and securities processing. Competes with FIS in post-trade, proxy, and capital markets data — adjacent rather than full-stack overlap.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Memento Security social profiles
Digital presenceMemento Security compliance and trust
Trust signalCompliance5 records
Memento Security financial estimates
Financial estimateRevenue estimate
Valuation estimate
Memento Security leadership team
Management profileNumber of profiles
Profiles1 record
Memento Security subsidiaries and ownership
Company hierarchySubsidiaries17 records
Memento Security funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Memento Security M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Memento Security
What does Memento Security do?
Memento Security (operating data describes FIS) provides financial-technology software and services spanning the full money lifecycle through three solution families: Money at Rest (core banking and digital banking), Money in Motion (payments, treasury, and financial networks), and Money at Work (capital markets, asset management, lending, and risk). Solutions are delivered as enterprise software licenses, hosted managed services, or SaaS to banks, credit unions, insurers, capital markets firms, and corporate treasuries. Additional offerings include private capital accounting, corporate CFO office suites, open APIs, and an emerging AI Financial Crimes Agent built with Anthropic.
Is Memento Security a public or private company?
Memento Security is a public company. It is classified as public and is currently operating.
When was Memento Security founded?
Memento Security was founded in 1968. It employs 5,001 to 10,000 people.
Where is Memento Security based?
Memento Security is headquartered in Jacksonville, United States, in the North America region.
How does Memento Security make money?
Three revenue lines are on record. Enterprise Software & Platform Licensing is the primary driver. The others are transaction & Payment Processing and professional & Managed Services.
Who are Memento Security's main competitors?
Direct peers on record are SS&C Technologies, Jack Henry & Associates, Temenos and Fiserv. Emerging players are Thought Machine, Stripe, nCino and Marqeta. Broad incumbents are Oracle Financial Services and Broadridge Financial Solutions.
Does Memento Security have an API?
Yes. FIS Code Connect is an open API platform that accelerates access to banking technology. Additional developer portals include Total Issuing Solutions (formerly TSYS), Total Issuing PRIME (formerly TSYS), FIS Everlink (formerly Everlink), and Accounting Data as a Service (formerly Railz). Developer documentation is at codeconnect.fisglobal.com.
What industry is Memento Security in?
Memento Security's product category is Financial Technology Software. Its primary akta.pro industry code is FSABAIAE, Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration), with a secondary code of FSAGAFAC, AML/CTF Transaction Monitoring & Case Management. Its NAICS code is 522320 and its SIC code is 6199.