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Fidelity National Information Services (FIS) has acquired fintech Amount, which specializes in deposit and loan origination software, enhancing FIS's digital transformation efforts and service offerings for banks and credit unions. Despite previous workforce reductions at Amount, the acquisition aims to integrate its platform into FIS's existing systems to improve client capabilities and customer experiences. FIS's CEO has indicated a strategy for further acquisitions in the near future.
Bilt has chosen FIS to enhance its real-time rewards redemption capabilities, allowing users to access and utilize their rewards more efficiently. This partnership aims to streamline the process and improve the overall customer experience in rewards management.
FIS has partnered with Circle to enable financial institutions to transact using USDC, the leading regulated stablecoin. This collaboration integrates Circle's stablecoin functionality with FIS's Money Movement Hub, allowing for efficient domestic and cross-border payments while supporting the evolving landscape of digital assets in finance.