FIS/TSYS
Transaction details
The proposed acquisition by Fidelity National Information Services, Inc. of sole control of Total System Services LLC has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:20 July 2025
- Publication date:20 July 2025
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Financial and insurance support - L.66
- Request for information:Yes
- Outcome:Cleared
Documents
M.25.042 Merger AnnouncementPDF | 131 KBM.25.042 Merger Announcement PDF | 131 KB - Opens in new window
M.25.042 DeterminationPDF | 614 KBM.25.042 Determination PDF | 614 KB - Opens in new window
Timetable
Parties Involved
Fidelity National Information Services, Inc.
Fidelity National Information Services, Inc. is a global provider of financial services technology, offering retail and institutional banking, payments, asset and wealth management, risk and compliance and outsourcing solutions.
Its provision of financial services technology has a focus on the supply of core IT solutions used to run banks and that underpin online banking. Core Banking includes licensing software to banks whose in-house IT departments run the bank’s current accounts system, including payments and other core banking functions, with vendor support. For issuers, it offers processing services for card transactions (predominantly prepaid and debit cards) as an adjacent function.
Total System Services LLC
Total System Services LLC is Global Payments’ payment solutions provider. It focuses primarily on the supply of card issuer processing services.
Contacts
Sinead Griffin SineadGriffin@ccpc.ie
John O'Gorman JohnOGorman@ccpc.ie
