John Brown
Member
In a strategic push to modernize banking infrastructure worldwide, FIS supports digital transformation by offering banks and financial institutions a comprehensive technology stack combining cloud-native systems, core banking solutions, digital banking platforms, and embedded finance services. This approach is already helping institutions like BMW Bank GmbH in Germany to accelerate deposit growth and streamline banking services.
What FIS Offers: Modular, Modern Banking Tools
FIS's recently announced proprietary FIS Bank Modernization Framework gives banks the flexibility to modernize at their own pace. Rather than forcing a full, risky overhaul, the framework allows institutions to upgrade selectively from backend core systems to front-end customer channels, APIs and AI-powered services.This modular approach includes offerings like:
- Cloud-native banking and embedded finance capabilities that enable banks to integrate deposit accounts and services quickly.
- Digital banking platforms that support seamless customer interactions and flexible channel delivery (mobile, web, etc.).
- Core banking solutions that ensure stability and scalability, even as banks expand or adjust operations.
Real-World Impact: Faster Growth, Better Customer Experience
A recent example: BMW Bank GmbH migrated over 300,000 deposit accounts to FIS's deposit-as-a-service solution in 2025, enabling the bank to deliver a modern, secure digital banking interface complete with two-factor authentication and merchant transaction capabilities.This move reflects a broader trend as banks recognize that legacy systems are no longer sufficient: regulatory pressures, customer expectations for digital experiences, and rising operational costs make modernization imperative. FIS's help solutions financial institutions reduce complexity, lower costs, and accelerate growth all while offering customers seamless, digital-first banking.
Why Digital Transformation Matters Now
As the financial services landscape shifts with customers expecting real-time banking, 24/7 accessibility, embedded services, and personalized features, banks that cling to outdated technology risk falling behind. According to FIS, modern digital transformation isn't just about front-end apps: it requires rethinking the entire banking ecosystem from core banking to data architecture, AI, security, and user interactions.By enabling banks to transform incrementally and in a controlled manner, FIS offers an appealing path: modernization without disruption. The result: better scalability, faster time-to-market for new services, and enhanced resilience in a volatile economic and regulatory environment.
What This Means for the Future of Banking
- Embedded finance will rise — Banks can embed deposit, lending or payment services within other platforms without building from scratch, thanks to FIS's modular tools.
- Digital-first banking will become standard — As more institutions adopt cloud-native platforms and digital banking stacks, seamless online customer experiences will be the norm rather than the exception.
- AI and data-driven services will expand — With modern infrastructures and open APIs in place, banks will be better positioned to adopt AI-driven features, personalized banking, fraud detection, and more.
- Faster innovation cycles — Banks won't need to overhaul entire systems to add new services. Modular upgrades let them test, iterate and scale quickly.
Read related news - https://financetech-news.com/modern-card-issuing-i2c-named-a-leader/