FIS Wins 2024 Banking Tech Awards for Excellence in Payment Solutions

Key Facts

• FIS Automated Finance – Receivables Suite wins award for Best Digital Solution Provider – PayTech for Businesses.
• The Banking Tech Awards, presented by Fintech Futures, recognizes the latest trends, innovations, and developments shaping the future of finance.

FIS® (NYSE: FIS), a global leader in financial technology, today announced that its innovative Receivables Suite within the FIS Automated Finance solutions portfolio has been named "Best Digital Solution Provider – PayTech for Businesses" during the 2024 Banking Tech Awards. This recognition underscores FIS' commitment to unlocking technology to enable the seamless movement of money across the payments lifecycle and delivering a best-in-class payments experience.

FIS’ Automated Finance solutions portfolio offers comprehensive receivables, payables and revenue optimization tools that can help transform how the office of the CFO operates. Designed to combat the limitations of traditional finance processes, the award-winning FIS Automated Finance – Receivables Suite utilizes AI to help improve cash flow, streamline accounts receivable processes and optimize working capital.

With thousands of clients and $3 trillion in receivables managed, this FIS technology has demonstrated exceptional results in helping organizations minimize manual processes and enhance customer satisfaction through improved payment experiences.

“Rising digital expectations, cost pressures and manual process errors all fuel friction within the finance function. CFOs need to focus on finance, not friction," said Seamus Smith, Group President of Automated Finance, FIS. "We’re exceptionally proud of this recognition because it reinforces our position as a proven technology partner that helps eliminate friction and transform the office of the CFO from a cost center to a revenue center.”

The Best Digital Solution Provider Award recognizes software providers for their payments solutions that are built on modern technologies, have comprehensive functionality, and deliver clear and measurable improvements to their users. This win comes on the heels of FIS’ GETPAID accounts receivable solution being named a Leader in the IDC Accounts Receivable Software Vendor MarketScape Report.

For more information about FIS Automated Finance – Receivables Suite, visit https://www.fisglobal.com/products/automated-finance.

About FIS

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 FISglobal.com. Follow FIS on LinkedIn, Facebook and X.

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Kim Snider, 904.438.6278 Senior Vice President FIS Global Marketing and Communications [e-mail]