FIS, one of the largest payment processors in the U.S., has partnered with open banking outfit Banked to introduce a “pay by bank” solution, leveraging real-time payments and transfers for consumers and businesses. The collaboration reflects a growing demand for frictionless payment experiences and enhanced fraud prevention measures. With the integration of Banked’s capabilities, FIS aims to offer a personalized, omnichannel payment journey powered by open banking and real-time transactions, addressing the evolving needs of the digital payments landscape.
FIS Partners with Banked on Real Time Payments, Transfers