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Moody's Investors Service ("Moody's") has assigned a Baa2 senior unsecured rating to Fidelity National Information Services, Inc.'s ("FIS") proposed offering of senior notes. FIS' ratings are supported by the company significant business scale and diversification following the merger with Worldpay, LLC ("Worldpay"), with pro forma revenues of $12.7 billion and EBITDA of $5.5 billion projected in 2019. Moody's believes that the stability of FIS' businesses is relatively high, due to positive secular trends, largely recurring revenue models, breadth and integration of customer relationships that are often contractual, and high switching costs in some businesses.
LONDON, June 3, 2019 /PRNewswire/ -- With the PSD2 requirement for Strong Customer Authentication (SCA) going into effect on Sept. 14, 2019, Worldpay, Inc. (WP) will launch the Exemption Engine for Strong Customer Authentication (SCA) merchants operating in the European Economic Area (EEA) to reduce friction from the online checkout experience. Worldpay's Exemption Engine for SCA, which requires little-to-no integration, is a first-of-its-kind solution that employs machine learning to apply the most applicable SCA exemption to an individual payment.
Merchants in North America can now equip machine learning to fight fraud across all sales channels LAS VEGAS , April 30, 2019 /PRNewswire/ -- (ETA TRANSACT, Booth #2301) – Worldpay, Inc. (NYSE: WP; LSE: ...