For years, the middle and back offices have operated in the shadows of their more glamorous counterparts — the front office and client-facing teams. But now, nearly a quarter-century into the millennia, these once-overlooked functions have evolved from cost centers into dynamic hubs for business...
FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky News reported, citing unnamed sources. An announcement is said to be forthcoming. FIS did not immediately reply to PYMNTS’ request...
There’s a change underway in treasury management at financial institutions. As money and assets increasingly operate across and within digital-first contexts, treasury professionals are turning to account analysis as a strategic lever to optimize cash management and enhance organizational liquidity. “The market is evolving, and...
Transactions have moved more digital, changing the fraud landscape. Financial institutions (FIs) have made real progress in holding off fraudsters attempting to exploit the digital shift. Our multiyear analysis finds that fraud related to more routine digital payments has decreased markedly over the last three...
December 17, 2024
For years, the middle and back offices have operated in the shadows of their more glamorous counterparts — the front office and client-facing teams. But now, nearly a quarter-century into the millennia, these once-overlooked functions have evolved from cost centers into dynamic hubs for business growth and innovation. “The middle to back office, they’re no […]
December 02, 2024
There’s a change underway in treasury management at financial institutions. As money and assets increasingly operate across and within digital-first contexts, treasury professionals are turning to account analysis as a...
November 19, 2024
As global business-to-business (B2B) payment volumes rise, business leaders are faced with a crucial yet often overlooked question: How much value does simplicity add? In digital finance, where automation, real-time...
November 12, 2024
In the post-COVID world, corporates are faced with what should be an easy decision: creating better value for the organization, speeding time to new markets and creating new business models....
December 16, 2024
FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky News reported, citing unnamed sources. An announcement is said to be forthcoming. FIS did not immediately reply to PYMNTS’ request for comment. A spokesperson for Demica said the company does […]
November 12, 2024
FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud...
October 02, 2024
FIS unveiled its Digital Trading Storefront, a differentiated cross-asset trading experience. The storefront enables banks, broker-dealers and wealth managers to move their cross-asset trading platforms into a digital plane, according...
August 15, 2024
FIS and Neural Payments have partnered to help banks offer peer-to-peer (P2P) payment capabilities to their customers. This collaboration will make Neural Payments’ P2P payment solution available via FIS’ NYCE...
