FIS Propels Community Financial Institutions into the Direct Bank Market with Innovative Core on Demand Solution
Key facts
- FIS Core on Demand™ allows financial institutions to quickly and cost-effectively launch a direct-to-consumer digital bank in as little as 90 days.
- Core on Demand helps community institutions grow their deposit base by attracting new customers.
- New solution provides advanced out-of-the-box digital omnichannel platform capabilities of FIS Digital One™, delivered on demand via a SaaS-based model.
FIS Core on Demand™ provides industry-leading digital capabilities and application integration of the next-generation FIS Digital One omnichannel platform – all delivered on demand via a secure, software-as-a-service model. Built on FIS’ modern, cloud-native core processing platform, Core on Demand offers Online Account Opening and Consumer Online & Mobile Banking, allowing customers to seamlessly open new accounts across a variety of channels and do their banking and payments online. The solution is available to both existing and new FIS core banking clients.
Core on Demand also provides access to a comprehensive repository of
open application interfaces (APIs) and use cases available via the FIS
Code Connect gateway – allowing community banks and credit unions to
cost effectively develop and test innovative new solutions for their
customers and members. FIS Code Connect was
recently named as “Most Advanced API Strategy” by leading industry
analyst firm
“We have developed Core on Demand in direct response to the needs we’ve
heard from community financial institutions to grow market share and
better promote their brands among today’s increasingly digital-savvy
consumers,” said
“With its new Core on Demand solution, FIS is addressing an important
need of U.S. community banks to better compete with large institutions
in the growing direct-to-consumer banking market,” said
For more information on Core on Demand, please visit: https://www.fisglobal.com/core-on-demand.
FIS is a global leader in financial services technology, with a focus on
retail and institutional banking, payments, asset and wealth management,
risk and compliance, and outsourcing solutions. Through the depth and
breadth of our solutions portfolio, global capabilities and domain
expertise, FIS serves more than 20,000 clients in over 130 countries.
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Source:
Kim Snider, 904.438.6278
Senior Vice President
FIS Global
Marketing and Communications
kim.snider@fisglobal.com