Financial institutions must stay ahead of their competitors by delivering a more personalised banking experience for their customers – designed around all the ways customers want to handle their finances. FIS leverages its broad Electronic Funds Transfer (EFT) expertise and assets to make it simple and easy for financial institutions to define and deploy their own differentiated EFT growth strategy.
Meeting customer expectations requires more than a commodity solution
When handling consumer electronic payments, financial institutions can be caught in a price-driven, commodity mindset. By focusing solely on the cost of foundational EFT services (such as card management and transaction processing), institutions can lose sight of their competitive position in the marketplace. Consumers expect to be able to make a wide variety of payments at the ATM, via the web or on their smart phone 24x7. Meeting these expectations requires more than just basic card management and transaction processing.
EFT and beyond
FIS processes more than 9.5 billion EFT transactions a year. FIS solutions are available as either a service bureau, license product or a combination of both. This allows our customers to define and deploy a successful EFT strategy that makes both business and consumer sense.
A complete and integrated EFT solution from FIS provides you with account opening, card production and personalisation, activation and transaction processing with single-point settlement. FIS solutions span the entire banking and payments horizon, including core banking, card management, the NYCE® Payments Network, fraud management, loyalty and mobile.
With more than four decades of experience and thousands of clients, FIS provides the innovative and reliable EFT and payment processing solutions that your customers have come to expect of you.