The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.
FIS removed seven risks primarily related to payment network dependencies, COVID-19 impacts, and the proposed spin-off transaction, while adding four new risks centered on emerging threats including AI technology integration, bank failures, and climate change. The 10 substantively modified risks suggest FIS refined its disclosure around client retention, goodwill impairment, and economic conditions, indicating a strategic shift in emphasis from pandemic and structural transaction concerns toward technology, financial system stability, and environmental factors. Overall, the 21 unchanged risks comprise the largest category, demonstrating continuity in FIS's core risk exposures across cybersecurity, regulatory compliance, and competitive pressures.
Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.
🟢 New in Current Filing
Bank failures or sustained financial market disruptions could adversely affect our business, financial condition and results of operations.
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🟢 New in Current Filing
Using and/or incorporating AI technologies into our business poses additional risks and uncertainties that could have the potential to harm our reputation and could have a material adverse effect on our business, financial condition or results of operations.
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🟢 New in Current Filing
The direct and indirect effects of climate change, including increased legal and regulatory scrutiny, could adversely affect our business.
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🟢 New in Current Filing
We may not achieve the anticipated benefits of our recently completed Worldpay Sale, and we may also be exposed to new risks following the sale.
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🔴 No Match in Current Filing
Our revenue relating to all aspects of the sale of services to members of Visa, MasterCard and other payment networks is dependent upon our continued certification and sponsorship, and the loss or suspension of certification or sponsorship could adversely affect our business.
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🔴 No Match in Current Filing
Changes in the contracts, rules or standards of networks, or relevant legal or regulatory scrutiny of pricing practices, could adversely affect FIS' business, financial condition and results of operations.
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🔴 No Match in Current Filing
Fraud by merchants or others could have a material adverse effect on FIS' business, financial condition and results of operations.
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🔴 No Match in Current Filing
the E.U. and U.K. trading relationship could cause disruption to and create uncertainty surrounding our business.
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🔴 No Match in Current Filing
The continuing impact of the COVID-19 pandemic remains uncertain and may adversely impact our business, financial condition and results of operations.
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🔴 No Match in Current Filing
affect our business.
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🔴 No Match in Current Filing
There can be no assurance that the anticipated benefits of the spin-off will be realized if the transaction is completed, or that the costs or dis-synergies of the spin-off (including costs of related restructuring or financing transactions) will not exceed the anticipated amounts. The spin-off may expose us to new risks.
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🟡 Modified
Failure to obtain new clients or renew client contracts on favorable terms could adversely affect our business, financial condition or results of operations.
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🟡 Modified
We have substantial goodwill and other intangible assets recorded as a result of acquisitions, and a severe or extended economic downturn could cause these assets to become impaired, requiring write-downs that would reduce our operating income.
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🟡 Modified
Global economic, political and other conditions, including business cycles and consumer confidence, as well as geopolitical conflicts, may adversely affect our clients or trends in consumer spending, which may adversely impact the demand for our services and our revenue and profitability.
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🟡 Modified
We are the subject of various legal proceedings that could have an adverse effect on us.
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🟡 Modified
We may not be able to achieve the cost savings target of our Future Forward program.
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🟡 Modified
Unfavorable resolution of tax contingencies or unfavorable future tax law changes could adversely affect our tax expense.
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🟡 Modified
Statement Regarding Forward-Looking Information
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🟡 Modified
High profile digital banking security breaches could impact consumer payment behavior patterns in the future and reduce our transaction volumes.
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🟡 Modified
We operate in a competitive business environment; if we are unable to compete effectively, our business, financial condition or results of operations may be adversely affected.
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🟡 Modified
Security breaches, privacy breaches, cyberattacks, unintentional disclosures of confidential information, third-party breaches, or a failure to comply with information security laws or regulations, contractual provisions or industry security requirements by FIS, or our vendors, or technology partners, could harm our business by disrupting delivery of services, damaging our reputation and resulting in a breach of one or more client contracts or regulatory investigations, enforcement actions or fines.
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