Note from the Publisher: FIS is the powerhouse who put Arkansas on the fintech map. Yes, ARKANSAS. We’ve previously written about how the state partnered with FIS to launch a fintech innovation lab. Today, FIS announced that it is going one step further, with the introduction of the FIS HiPo Network, the next phase of supporting “high potential” early stage fintechs (who went through their Arkansas accelerator), who will enable it to stay at the leading edge of industry innovation.
“JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS™ (NYSE: FIS), a global leader in financial services technology, today announced the launch of a network of early-stage fintech companies with direct applicability to the financial services ecosystem served by FIS. The FIS HiPo (short for “high potential”) Network is a collection of firms that have demonstrated substantial promise in the development of new tools and technologies that deliver purposeful innovation for our clients around the world.
“FIS has a responsibility to help our clients stay competitive today, while remaining cognizant of the rapid changes taking place in the financial services industry. The FIS HiPo Network expands the innovation strategy for our firm and has been developed to bring the realization of new innovations to market in an efficient and practical manner,” said Gary Norcross, FIS president and CEO.
The first members of the FIS HiPo network include six participants from the 2016 VC Fintech Accelerator.”