So all of these things will also push into our margins next year as well.Got it, OK. And some pretty good sales announcements there. Good morning and thank you for joining us today. Ongoing investment in our Banking segment continues to drive recurring revenue as we leverage our cloud-based solutions to drive value to our clients. I might have missed whether you mentioned something on whether the pipeline increased.Yeah, I know, the pipeline is very strong. And then we've also seen very, very strong wins in core banking in the Top 100, which is really a new trend that we've talked about that was being accelerated by the next generation of technology, but now I think it's being further accelerated by the pandemic.If you look over in Capital Markets, once again, another really strong quarter by that team. As chairman, president and chief executive officer of FIS, Gary Norcross is highly focused on driving FIS’ $12 billion global business. And when we done our sales growth, that's new TCV, that's not renewal [Technical Issues], we don't disclose that. While significant, this headwind came in approximately $30 million better than expected as some consumers elected to pay their taxes early ahead of the delayed July 15 deadline. By continuing to use our site, you consent to the placement of cookies on your browser and agree to the terms of our Privacy Policy. I mean, you're seeing more resiliency in the growth rate right now in the Capital Markets group. How far along are you in that transition and when might we expect that higher growth rate to start coming through? But we're working through how much of that can we keep out of the cost structure permanently. But we've talked about this in the past on calls. COVID is dramatically accelerating the speed of adoption for e-commerce and we will continue to invest in our next generation Access Worldpay gateway, as well as accelerate our global expansion in order to capture new sources of growth in addressable market. While the second quarter was clearly challenging for all of us, I couldn't be prouder of how our team responded. “This is an exciting day for FIS and Worldpay, and for the industry as a whole” – Gary Norcross“I would like to extend a warm welcome to Worldpay employees, clients and investors to the FIS family as we work together to bring the benefits to businesses and communities around the world,” Norcross said. So we really feel great about our position in payments and in Merchant, specifically. I know it was kind of a stub period in last year's Q3. We are also rolling out further programs to help our colleagues with the increasing problem related to student loan debt for incoming U.S. college program participants.For our clients, we will continue to deliver innovative solutions and support you during these difficult times. We talked a lot about Banking and they had double-digit sales success this quarter. Together, these new products are propelling our growth in our Banking and Capital Market segments.Simultaneously, Worldpay was also investing in next generation technologies.They launched the NAP Platform, Access Worldpay, advanced e-comm capabilities and innovative, often fraud solutions. You kind of mentioned, obviously, some category changes that are [Indecipherable] from a more digital, more mobile, less branch work, obviously.
All Rights Reserved. Given shelter-in-place restrictions around the globe, revenue decreased 7% on an organic basis. But I would anticipate starting to see some acceleration of that into 2021 and beyond.Yeah, I'd just build on that. Next, we invest in our application stack, which is based on a modular componentized architecture with open APIs that provide our clients the flexibility to innovate at their own pace. Thank you.