Jan 15, 2025, 12:32 AM
Jan 15, 2025, 12:32 AM

FIS enhances banking experiences with new technologies and services

Highlights
  • FIS launched multiple innovative banking products in 2024 to meet growing customer expectations.
  • Significant industry recognition reflects FIS's success in advancing banking technology and services.
  • The company's initiatives position it as a leader in the rapidly evolving financial technology landscape.
Story

In Jacksonville, Florida, on January 14, 2025, FIS reported a successful year in advancing banking technology and services during 2024. The company responded to the heightened customer demand for digital banking capabilities by launching several innovative products. Noteworthy among these was the Open Access platform, which enables secure sharing of financial data among various institutions and applications. Additionally, the Digital Oneā„¢ Flex Mobile 6.0 application was introduced, featuring enhanced security and user-friendly interfaces to improve mobile banking experiences. FIS's acquisition of Dragonfly Financial Technologies in November 2024 significantly bolstered its offerings, particularly in cash management for larger businesses. This acquisition has allowed FIS to enhance its Digital One Commercial suite, casting a renewed spotlight on advanced financial management solutions. Furthermore, the successful implementation of the Enterprise Disbursements pay-by-bank solution has underscored FIS's commitment to streamlining financial transactions for users, assuring efficient access and movement of funds. Throughout the year, FIS's innovations were met with industry acclaim, securing nearly two dozen recognitions from respected analyst firms. The company was lauded as a leader in the North America Digital Core Banking Platforms 2024 Vendor Assessment by IDC MarketScape and topped the Everest Group's Core Banking Technology Top 50. Notably, the firm was also named a Top 250 Fintech Company in the Banking Solutions category by CNBC for two consecutive years. As FIS continues to develop modern technologies and services, the strong demand illustrates the pressing need for financial institutions to evolve and maintain competitive, customer-centric offerings. The achievements realized in 2024 provide a solid foundation for FIS to capitalize on future opportunities and address the fast-paced evolution of the fintech landscape.

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