Global payment service provider F.I.S. We have launched a new fintech platform called Atelio by FIS. The platform aims to provide essential tools for financial institutions, businesses, and software developers to integrate financial services into their products.
Atelio by FIS offers a suite of components that allow you to easily integrate various financial operations such as deposit collection, remittance, card issuance, and billing with advanced features such as fraud prevention, cash flow forecasting, and customer behavior analysis. Masu.
The platform ensures these services are included in a secure and compliant manner, empowering businesses to deliver financial solutions directly at the point of need.
Atelio’s distribution is powered by FIS’ extensive banking network and strategic partnership with Worldpay, providing users with comprehensive access to the financial ecosystem.
The platform has already been adopted by notable early users including KeyBank, College Ave, and RoyalPay Inc., who are leveraging Atelio to expand their financial services offerings.
The launch of Atelio by FIS comes at a time when demand for embedded finance is rapidly increasing.
According to Bain Capital, the sector accounts for 10% of transactions worth around US$7 trillion and is expected to generate more than US$50 billion in revenue by 2026.
Atelio is designed to leverage FIS’ extensive history in financial innovation and its extensive technology and service capabilities and deliver these as a service to enable new customer experiences.
This approach not only benefits banks and financial services partners by expanding their reach, but also supports their growth.
Research from S&P Global Intelligence shows that banks that engage in embedded finance typically experience higher deposit growth rates than their peers.
Tarun Bhatnagar
“Atelio at FIS is our vision to lead the direction of fintech, moving outside the boundaries of how today’s enterprises deliver financial services and their customers. Atelio is more than just a new solution. , is built to provide expertise, tools, and distribution so users and clients can focus on creating.
Our scale, distribution and continued investments in technology have opened up our financial capabilities to a broader audience and given us the foundation to drive the next generation of financial innovation. ”
Tarun Bhatnagar, president of FIS Platforms and Enterprise Products, said:
