FIS Launches Embedded Banking Platform, Letting Banks Deliver Accounts and Payments Inside Business Software
What's happening
FIS has launched the FIS Embedded Banking Platform, the company's first embedded finance product built specifically for banks. The platform is designed to let U.S. commercial banks and lenders deliver accounts and payments directly inside the business software used by corporate customers. FIS says the offering addresses bank demand to embed banking services natively into digital platforms and payment systems for commercial clients.
Why it's trending
Banks and their corporate customers are pushing to move banking services natively into the business software and payments platforms they already use, creating immediate demand for embedded solutions.
SignalHolding at its usual pace, confirmed across 1 independent source type.
Momentum
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Stories per dayAngles you could write
If banks don't own embedded banking, they will be reduced to commodity plumbing, FIS just put a stake in the ground with a product aimed squarely at keeping banks in control of accounts and payments inside business software.
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Original sources14
- FIS Launches Embedded Banking Platform: A Path to Stronger Bank Ties?The Globe and MailSep 4
- FIS Launches Its Embedded Banking Platform To Meet Bank DemandDigital TransactionsSep 4
- FIS Bets Banks Can Win Embedded Finance on Their Own TermsThe Futurum GroupSep 4
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