FIS

US Payments Forum Fall Market Snapshot: The Future of Digital Payments, Biometrics, AI and Mobile Point of Sale

Retrieved on: 
Wednesday, December 6, 2023

During a panel on payment acceptance trends, members of the U.S. Payments Forum weighed the benefits.

Key Points: 
  • During a panel on payment acceptance trends, members of the U.S. Payments Forum weighed the benefits.
  • Some merchants are exploring ways to utilize a consumer’s biometric profile to identify their shopping habits, preferences and brand loyalty.
  • The Forum is also working to stay ahead of potential pain points in the biometric payments space.
  • By joining the Secure Technology Alliance, members will have access to activities within the U.S. Payments Forum and additional Alliance-affiliated organizations.

Worldpay from FIS Helps British Brand HMV Expand and Innovate with New, Enhanced Omni-Channel Solution

Retrieved on: 
Wednesday, December 20, 2023

Worldpay from FIS , the merchant solutions business of global financial technology leader FIS ® (NYSE: FIS), is expanding its relationship with music and entertainment retailer HMV to support the iconic British entertainment retailer with its European expansion through an enhanced omni-channel strategy.

Key Points: 
  • Worldpay from FIS , the merchant solutions business of global financial technology leader FIS ® (NYSE: FIS), is expanding its relationship with music and entertainment retailer HMV to support the iconic British entertainment retailer with its European expansion through an enhanced omni-channel strategy.
  • Worldpay Omnichannel will give HMV greater flexibility and choice when it comes to improving their omni-channel strategy, across 34 geographic markets.
  • Developed in partnership with FreedomPay, the solution brings together Worldpay’s leading Global eCommerce capabilities with FreedomPay’s commerce platform.
  • The solution covers many of consumer’s preferred payment methods and enables merchants to deliver a more consistent omnichannel experience across the retail landscape.

CIT Bank Unveils Redesigned Mobile App and Web Interface to Improve Customer Experience

Retrieved on: 
Wednesday, December 20, 2023

Mobile app upgrades include easier management of accounts, enhanced balance and transfer functionality, and increased access to information and assistance.

Key Points: 
  • Mobile app upgrades include easier management of accounts, enhanced balance and transfer functionality, and increased access to information and assistance.
  • Now, CIT Bank customers can access all of CIT Bank's online banking features from the convenience of their mobile devices.
  • "Consumers expect a seamless digital experience, and with these enhancements to the CIT Bank mobile app, we've empowered them with unparalleled banking convenience," said Ravi Kumar, head of CIT Bank.
  • Visit CIT Bank's Mobile Banking webpage to learn more about the new features and digital convenience of the CIT Bank app.

Alchemy Pay Joins Force with Worldpay from FIS to Provide Leading Checkout Experience

Retrieved on: 
Wednesday, December 20, 2023

Moving forward, Worldpay's payment channels will also support Alchemy Pay's NFT Checkout, making NFT accessible for a wider audience.

Key Points: 
  • Moving forward, Worldpay's payment channels will also support Alchemy Pay's NFT Checkout, making NFT accessible for a wider audience.
  • Through the partnership with Worldpay, Alchemy Pay aims to significantly enhance its global presence by reducing the barriers associated with buying and selling cryptocurrencies and NFTs.
  • As a leading crypto payment service provider, Alchemy Pay seeks to enable widespread use for crypto and Web3 services by facilitating access to fiat payments.
  • Furthermore, Alchemy Pay has gained recognition from Visa and Mastercard as an authorized third-party service provider.

Constellation and Pulsate Partner to Deliver Enhanced Relationship Banking Capabilities Through The Mobile Channel to Constellation Digital Banking Platform Users

Retrieved on: 
Monday, December 18, 2023

Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced a reseller partnership with Pulsate , to provide users of the Constellation Digital Banking platform with access to Pulsate’s mobile-first, personalized member engagement platform.

Key Points: 
  • Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced a reseller partnership with Pulsate , to provide users of the Constellation Digital Banking platform with access to Pulsate’s mobile-first, personalized member engagement platform.
  • The Constellation Digital Banking platform is designed to make it easier for community financial institutions to connect to fintechs.
  • Pulsate’s platform helps Constellation Digital Banking platform users extend the value of their technology investment by driving engagement through the online and mobile channels via real-time, proactive, personalized, relevant communications to members, delivered at the right time and the right place.
  • “Constellation and Pulsate share a vision of supporting true relationship banking beyond the branch, within the digital environment.

SellersFi Announces Strategic Equity Investment by MUFG Innovation Partners, Unlocking Growth Opportunities

Retrieved on: 
Wednesday, December 13, 2023

SellersFi, the leading fintech company at the forefront of e-commerce financing, is delighted to announce an equity investment by MUFG Innovation Partners (MUIP).

Key Points: 
  • SellersFi, the leading fintech company at the forefront of e-commerce financing, is delighted to announce an equity investment by MUFG Innovation Partners (MUIP).
  • This strategic partnership signifies a significant milestone for SellersFi and sets the stage for expansion that will transform the landscape of e-commerce financing.
  • This investment indicates a shared vision by SellersFi and MUIP allowing us to fully utilize MUIP’s extensive global network and deep-rooted expertise in financial markets.
  • Mayank Shiromani, Deputy Chief Investment Officer, MUIP quoted, "ECommerce seller businesses do not generally fit the underwriting methodology of traditional FIs.

With Trust in Generative AI Fragile, Consumers Lay Out Terms for Adoption in Financial Services, According to FIS Survey

Retrieved on: 
Tuesday, December 12, 2023

It has captured the world’s attention over the past 18 months with widely perceived potential to transform how we live and work.

Key Points: 
  • It has captured the world’s attention over the past 18 months with widely perceived potential to transform how we live and work.
  • 82% of those in this study said that government regulation and legislation would help them have more confidence in the technology.
  • Moreover, 86% of consumers mentioned the need for transparency about how GenAI has access to and uses their private data to trust its use.
  • More than half (54%) are concerned about age bias when it comes to the accuracy and fairness of financial services.

HighRadius appoints Greg McStravick as the new Chief Revenue Officer

Retrieved on: 
Thursday, December 7, 2023

HighRadius , the leading provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, today announced that Greg McStravick has joined as the Chief Revenue Officer.

Key Points: 
  • HighRadius , the leading provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, today announced that Greg McStravick has joined as the Chief Revenue Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231207721821/en/
    HighRadius onboards Greg McStravick as its new Chief Revenue Officer, to spearhead global sales and partnerships.
  • Before HighRadius, he was FIS’ Chief Revenue Officer for Banking and Capital Markets.
  • "Greg McStravick's appointment as the Chief Revenue Officer is a significant milestone in HighRadius' growth journey," said Sashi Narahari, CEO of HighRadius.

As Bargain Hunters Make Online Marketplaces as Popular as Brick and Mortar Stores, Worldpay from FIS Shares Tips to Keep Marketplace Merchants Safe from Fraud this Holiday Season

Retrieved on: 
Thursday, December 7, 2023

This is according to new research from Worldpay from FIS , the merchant solutions business of global financial technology leader FIS ® (NYSE: FIS).

Key Points: 
  • This is according to new research from Worldpay from FIS , the merchant solutions business of global financial technology leader FIS ® (NYSE: FIS).
  • As online marketplaces grow in popularity and with instances of fraud and disputes typically increasing during the holiday season, merchants need to be extra vigilant this year to minimize the risk of negative business impact.
  • Gen X is leading the way with the adoption of marketplaces, with 81 percent of those aged 36-58 stating they had used an online marketplace in the past 12 months.
  • “With consumers set to be more mindful of how they spend this holiday season, merchants need to consider how they can replicate the marketplace experience within their own online offering,” Prados added.

CSI Appoints 30-Year Financial Services Veteran Troy Bradley as CTO to Spearhead Product Innovation for Community Banks Nationwide

Retrieved on: 
Thursday, December 7, 2023

CSI , a leading provider of end-to-end financial technology and software, announced today it has appointed longtime financial services veteran Troy Bradley as CTO.

Key Points: 
  • CSI , a leading provider of end-to-end financial technology and software, announced today it has appointed longtime financial services veteran Troy Bradley as CTO.
  • View the full release here: https://www.businesswire.com/news/home/20231207427419/en/
    CSI has appointed longtime financial services veteran Troy Bradley as CTO.
  • “I’ve spent my entire career in financial services working with and listening to community banks,” Bradley said.
  • Prior to NCR, he spent more than seven years at FIS as global chief technology officer, leading corporate strategy and product innovation.