FIS promotes Stephanie Ferris to President
Stephanie Ferris joined FIS through the acquisition of Worldpay in 2019, where she was Chief Financial Officer. She quickly climbed her way to become the President of FIS.
FIS has promoted Stephanie Ferris to President, after just a few months in her latest role as FIS Chief Administrative Officer (CAO), having been appointed in September 2021.
She joined the company through its 2019 acquisition of Worldpay where she served as Chief Financial Officer and until September 2021 she was the Chief Operating Officer at FIS. As COO, she led the integration of Worldpay into FIS, surpassing both revenue and cost synergy commitments.
Tremendously talented leader
As Chief Administrative Officer, she led a global team responsible for the company’s enterprise strategy, finance, mergers and acquisitions, legal, marketing and communications, risk, information security, and compliance functions.
Gary Norcross, Chairman and Chief Executive Officer at FIS, commented: “Stephanie is a tremendously talented leader and we’re fortunate to leverage her extensive industry and financial insights to help accelerate our growth and shape the future of FIS. Her bold, experienced leadership will ensure that FIS continues to set the pace for how the world pays, banks and invests.”
Worldpay partnered with Crypto.com
Stephanie Ferris spent most of her career at Worldpay, even though it was branded as Vantiv throughout most of that period. Now part of FIS, Worldpay continues to expand and has recently partnered with Crypto.com to be a global validator and operator for the Crypto.org Chain.
The Crypto.org Chain is a public blockchain which enables transactions worldwide between people and businesses. As part of the partnership, Worldpay will also provide global merchant acquiring services to support Crypto.com’s continued growth and global expansion.
Crypto.com will leverage Worldpay from FIS merchant services to process card-based purchases and sales of cryptocurrencies.
Nabil Manji, Head of Crypto and Emerging Business, Worldpay from FIS, said: “Worldpay has provided innovative solutions and services to the crypto industry for the past eight years and we’re delighted to have been selected by Crypto.com to help them take cryptocurrencies to a wider global market. Interest in cryptocurrencies has never been greater, and it is now more important than ever to make these new technologies more accessible to more people.”
Kris Marszalek, co-founder and CEO of Crypto.com, commented: “By becoming a validator of our Crypto.org Chain and providing its best-in-class global merchant acquiring services, Worldpay will greatly contribute to our vision of making cryptocurrency accessible to everyone. We look forward to collaborating with Worldpay to advance the growth of cryptocurrency and digital assets.”
FIS processes over $2 trillion in transactions annually across over 100 countries in numerous payments types and currencies. The company is an experienced Card-to-Crypto processor, which provides services for 4 of the top 5 cryptocurrency exchanges, and has recently announced a number of cryptocurrency-focused initiatives in its mission to advance the way the world pays, banks and invests.