12 Best Tech Stocks to Invest In on the Dip

8. Fidelity National Information Services, Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 58

Stock Upside: 42.57%

Year-To-Date Performance: -39.84%

Fidelity National Information Services, Inc. (NYSE:FIS) is one of the best tech stocks to invest in on the dip. On June 8, Fidelity National Information Services, Inc. (NYSE:FIS) announced a strategic alliance with Fuse to deliver a next-generation loan and lease origination platform. Fuse Finance is a US-based B2B fintech company that provides an AI-native, cloud-native loan origination system and account opening platform.

Fidelity said in a statement that the partnership targets legacy loan origination systems, which are slowing lenders down at exactly the moment speed matters most. These systems created heavy IT dependencies, and required vendor intervention for even basic policy changes. They also struggle to connect with the growing ecosystem of third-party data providers that modern credit strategies rely on, noted Fidelity.

Accordingly, the Fuse platform will allow lenders to update policies, pricing, and procedures on their own without hard-coding or waiting on a vendor. It also features an open API framework and a self-serve API builder to make integrations across dealer channels, data providers, and downstream servicing systems easy.

Fidelity said the partnership links Fuse’s origination layer directly to FIS Asset Finance and FIS AutoSuite. The result is a complete origination-to-servicing ecosystem. For dealers, this system will provide real-time application status visibility and self-service document submission. On their part, lenders will gain instant counteroffers and built-in automation that reduces manual underwriting touchpoints. So, Fidelity expects lower operating costs and improved decision consistency for the users.

Fidelity National Information Services, Inc. (NYSE:FIS) is a financial technology company. It provides banking, payments, capital markets, and merchant solutions to financial institutions and businesses worldwide.