Latest news with #FIS
Finextra
a day ago
- Business
- Finextra
FIS and Visa target regional and community banks
FIS® (NYSE: FIS), a global leader in financial technology, announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey access to new payments capabilities. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Regional and community banks that join FIS' technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers and reduce fraud losses. By expanding its already strong strategic relationship with Visa, FIS is lowering the barriers to entry for capabilities that can help small and midsize institutions grow and better compete with the payment offerings provided by larger issuers. The new capabilities that amplify money in motion include: Stop payment services: Enables cardholders and call centers to halt recurring payments to merchants, empowering cardholders to better own their spending and helping reduce call center burden for issuers that may have limited infrastructure. Digital campaign manager: Enables financial institutions to employ new marketing channels – like augmented reality events and other digital experiences – in customizable campaigns to supercharge customer acquisition, engagement and brand awareness. Wallet link: Pushes an issuer's branded digital card to the customer's digital wallet without the need for manual app download, helping issuers to stay top-of-wallet and limit lost revenue, while simultaneously making it easier to innovate the customer's payment experience with less friction. E-commerce fraud mitigation: Offers an integrated solution designed to give issuers increased e-commerce transaction approval rates and help eliminate the financial liability of chargebacks due to fraudulent purchases. 'According to Experian, the average American holds nearly four credit cards, highlighting the need for issuers to have efficient systems to stay competitive,' said Chris Como, head of Cards and Money Movement at FIS. 'However, without the requisite infrastructure and resources, smaller financial institutions can struggle to meet this need. By integrating Visa's advanced solutions into the FIS ecosystem, we are helping to level the technological playing field for those providers, illustrating our commitment to unlocking financial technology to the world.' The announcement comes on the heels of other strategic industry partnerships from FIS, illustrating how the company utilizes such agreements to keep innovating across the entire money lifecycle. Recent examples include joint ventures with Oracle, Fulham Football Club, and PwC. In 2025, FIS also made Affirm its integrated pay-over-time provider for debit issuers, enabling its banking clients to integrate the solution into their existing debit programs and give their end-customers the ability to easily manage their finances in a single place. 'Our collaboration with FIS is making it easier for financial institutions of all sizes to compete more effectively by offering solutions that drive growth and enhance customer retention,' said Kathleen Pierce-Gilmore, senior vice president and global head of Visa Issuing Solutions. 'We partner to provide banks with more accessible tools from fraud prevention to cutting-edge digital experiences for their customers.'
FF News
2 days ago
- Business
- FF News
FIS and Visa Deepen Their Relationship to Provide Regional and Community Banks With Easier Access to Powerful Payments Capabilities
FIS® (NYSE: FIS), a global leader in financial technology, announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey access to new payments capabilities. Regional and community banks that join FIS' technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers and reduce fraud losses. By expanding its already strong strategic relationship with Visa, FIS is lowering the barriers to entry for capabilities that can help small and midsize institutions grow and better compete with the payment offerings provided by larger issuers. The new capabilities that amplify money in motion include: Stop payment services : Enables cardholders and call centers to halt recurring payments to merchants, empowering cardholders to better own their spending and helping reduce call center burden for issuers that may have limited infrastructure. : Enables cardholders and call centers to halt recurring payments to merchants, empowering cardholders to better own their spending and helping reduce call center burden for issuers that may have limited infrastructure. Digital campaign manager : Enables financial institutions to employ new marketing channels – like augmented reality events and other digital experiences – in customizable campaigns to supercharge customer acquisition, engagement and brand awareness. : Enables financial institutions to employ new marketing channels – like augmented reality events and other digital experiences – in customizable campaigns to supercharge customer acquisition, engagement and brand awareness. Wallet link: Pushes an issuer's branded digital card to the customer's digital wallet without the need for manual app download, helping issuers to stay top-of-wallet and limit lost revenue, while simultaneously making it easier to innovate the customer's payment experience with less friction. Pushes an issuer's branded digital card to the customer's digital wallet without the need for manual app download, helping issuers to stay top-of-wallet and limit lost revenue, while simultaneously making it easier to innovate the customer's payment experience with less friction. E-commerce fraud mitigation: Offers an integrated solution designed to give issuers increased e-commerce transaction approval rates and help eliminate the financial liability of chargebacks due to fraudulent purchases. 'According to Experian, the average American holds nearly four credit cards, highlighting the need for issuers to have efficient systems to stay competitive,' said Chris Como, head of Cards and Money Movement at FIS. 'However, without the requisite infrastructure and resources, smaller financial institutions can struggle to meet this need. By integrating Visa's advanced solutions into the FIS ecosystem, we are helping to level the technological playing field for those providers, illustrating our commitment to unlocking financial technology to the world.' The announcement comes on the heels of other strategic industry partnerships from FIS, illustrating how the company utilizes such agreements to keep innovating across the entire money lifecycle. Recent examples include joint ventures with Oracle, Fulham Football Club, and PwC. In 2025, FIS also made Affirm its integrated pay-over-time provider for debit issuers, enabling its banking clients to integrate the solution into their existing debit programs and give their end-customers the ability to easily manage their finances in a single place. 'Our collaboration with FIS is making it easier for financial institutions of all sizes to compete more effectively by offering solutions that drive growth and enhance customer retention,' said Kathleen Pierce-Gilmore, senior vice president and global head of Visa Issuing Solutions. 'We partner to provide banks with more accessible tools from fraud prevention to cutting-edge digital experiences for their customers.' Access to all products listed above is anticipated to be available to FIS client issuers within 2025. To learn more about these solutions, please contact FIS Sales at To learn more about the full breadth of the FIS payments ecosystem, please visit us at Companies In This Post FIS Visa
Business Wire
3 days ago
- Business
- Business Wire
FIS and Visa Deepen Their Relationship to Provide Regional and Community Banks With Easier Access to Powerful Payments Capabilities
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS ® (NYSE: FIS), a global leader in financial technology, today announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey access to new payments capabilities. Regional and community banks that join FIS' technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers and reduce fraud losses. By expanding its already strong strategic relationship with Visa, FIS is lowering the barriers to entry for capabilities that can help small and midsize institutions grow and better compete with the payment offerings provided by larger issuers. The new capabilities that amplify money in motion include: Stop payment services: Enables cardholders and call centers to halt recurring payments to merchants, empowering cardholders to better own their spending and helping reduce call center burden for issuers that may have limited infrastructure. Digital campaign manager: Enables financial institutions to employ new marketing channels – like augmented reality events and other digital experiences – in customizable campaigns to supercharge customer acquisition, engagement and brand awareness. Wallet link: Pushes an issuer's branded digital card to the customer's digital wallet without the need for manual app download, helping issuers to stay top-of-wallet and limit lost revenue, while simultaneously making it easier to innovate the customer's payment experience with less friction. E-commerce fraud mitigation: Offers an integrated solution designed to give issuers increased e-commerce transaction approval rates and help eliminate the financial liability of chargebacks due to fraudulent purchases. 'According to Experian, the average American holds nearly four credit cards, highlighting the need for issuers to have efficient systems to stay competitive,' said Chris Como, head of Cards and Money Movement at FIS. 'However, without the requisite infrastructure and resources, smaller financial institutions can struggle to meet this need. By integrating Visa's advanced solutions into the FIS ecosystem, we are helping to level the technological playing field for those providers, illustrating our commitment to unlocking financial technology to the world.' The announcement comes on the heels of other strategic industry partnerships from FIS, illustrating how the company utilizes such agreements to keep innovating across the entire money lifecycle. Recent examples include joint ventures with Oracle, Fulham Football Club, and PwC. In 2025, FIS also made Affirm its integrated pay-over-time provider for debit issuers, enabling its banking clients to integrate the solution into their existing debit programs and give their end-customers the ability to easily manage their finances in a single place. 'Our collaboration with FIS is making it easier for financial institutions of all sizes to compete more effectively by offering solutions that drive growth and enhance customer retention," said Kathleen Pierce-Gilmore, senior vice president and global head of Visa Issuing Solutions. "We partner to provide banks with more accessible tools from fraud prevention to cutting-edge digital experiences for their customers." Access to all products listed above is anticipated to be available to FIS client issuers within 2025. To learn more about these solutions, please contact FIS Sales at To learn more about the full breadth of the FIS payments ecosystem, please visit us at FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X.
Yahoo
3 days ago
- Business
- Yahoo
Centrelink $836 cash boost for 'very real' truth facing thousands of Aussies
No one expects to become unemployed, but for thousands of Australians, it's a very real and often sudden reality. Life can change overnight. If you've recently been made redundant or become too sick or injured to do your usual work — you're not alone. And while it's a challenging time, there is help available. A great first step could be talking to our free Financial Information Service (FIS) about your personal circumstances to see what your options are — I'll explain more about this later. Services Australia has a variety of payments and services that may be able to help navigate being unemployed. One of the main payments for people who are unable to find work is the JobSeeker Payment. Centrelink payment alert for 58,000 Aussies in caravans ATO $1,519 cash boost heading for Aussies in weeks Commonwealth Bank changes RBA interest rate cut call If you're aged between 22 and Age Pension age, and you're actively looking for work (unless you're sick or injured), you may be eligible for the JobSeeker Payment. To qualify, you must: Be an Australian resident and be between 22 and Age Pension age Pass an income and assets test Be willing and able to work — unless you're sick or injured and can't do your usual work or study for a short time If we grant your claim, the amount you get is going to depend on your personal situation. This includes whether you have a partner, children, and other sources of income. For example, as of 20 March 2025, a single person with no children could receive up to $781.10 per fortnight. Your situation Your maximum fortnightly payment Single, no children $781.10 Single, with a dependent child or children $836.50 Single, 55 or older, after 9 continuous months on an income support payment $836.50 Single, assessed as having a partial capacity to work of less than 15 hours a week $836.50 Partnered $715.10 Single principal carer granted an exemption from mutual obligation requirements for any of the following: - foster caring - non-parent relative caring under a court order - home schooling - distance education -large family $1,011.50 Job Seeker Payment amounts current as of 20 March 2025. Keep in mind redundancy and leave payouts may affect your eligibility, payment amount, and you may be subject to a waiting period. If you're getting JobSeeker Payment, you'll have to meet mutual obligations, which can include tasks like applying for jobs or participating in training — unless you have an exemption. If you get an income support payment from us, you must also report any income you and your partner get every two weeks, even if it's $0. Once you're on a payment, you'll have access to a range of support to help you find work that fits your skills. For example, help writing a resume, preparing for interviews, and upskilling to reflect local employers' needs. In the meantime, Services Australia has put together a job-hunting guide to help you search for work. Unfortunately, scammers prey on people looking for work. Red flags to look out for: jobs that require a payment before you start requests for your myGov sign in details to apply for a job roles that are low effort and high income job offers made through social media, WhatsApp, phone calls and email. Scammers often use fake listings on legitimate job websites, then disappear with your personal details or money. Be cautious about sharing sensitive information unless you're sure the job is legitimate. Never give your myGov sign in details to anyone. As I said before a great first step if you've recently become unemployed is talking to Services Australia's Financial Information Service (FIS) for free and impartial information. A lot of people assume they'll have immediate access to Jobseeker when they become unemployed but it's important to understand that redundancy or termination payments may affect your eligibility for income support and waiting periods may apply. A FIS officer can help you understand this and determine if JobSeeker is the right payment for you. Depending on your circumstances, there's also Youth Allowance, Parenting Payment and other support available. For more information head to Services Australia's Payment and Service Finder. Or call us on 132 300 and say 'Financial Information Service' when we asked why you're calling.
Business Insider
21-06-2025
- Business
- Business Insider
FIS files automatic mixed securities shelf
16:22 EDT FIS (FIS) files automatic mixed securities shelf Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
