Thursday, March 23, 2023
  • Login
EthozEdge
No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
Cryptocurrency Marketcap
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
EthozEdge
No Result
View All Result
Home DeFi

FIS Partners with Treasury Prime to Bring Embedded Finance to Small and Mid-Sized Banks

by ethozedge
May 12, 2022
in DeFi
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter


  • FIS has partnered with Treasury Prime to launch a new embedded finance offering.
  • The new solution will give FIS’ banking customers additional options for managing deposits, AP, and other critical bank processes.
  • The collaboration with Treasury Prime is FIS’ second big embedded finance play of the year, having acquired embedded finance solution provider Payrix in February.

FIS has launched a new embedded finance offering, built in partnership with Treasury Prime, to help community and regional banks take advantage of the most modern digital capabilities and create new distribution channels. The new API-based solution will give FIS’ banking customers and their business clients new options when it comes to managing deposits, accounts payable, and other key banking operations.

The new offering will also enable community and regional banks to potentially create new revenue streams by expanding their client base, especially among highly digitally-active consumers.

“Embedded finance is a growing trend in the market because it allows businesses to bring innovative ideas quickly to market by combining financial services with user experiences right at the point of need,” FIS Head of Payments Kelly Beatty explained.

A leading technology solutions provider for merchants, banks, and capital markets firms – and a Finovate alum since 2010 – FIS processes more than $75 billion in transaction value for than 20,000+ clients globally. Treasury Prime offers APIs that enable companies to embed a range of banking services onto their platforms to boost revenues, increase customer loyalty, and offer rewards. Writing about the partnership on the Treasury Prime blog, Vice President of Banking Jeff Nowicki noted that the collaboration will enable banks to focus on their core strengths “rather than trying to compete with fintechs.” The partnership will also create new opportunities for business lines or revenues “(in) the same way community banks have for ages added lenders or business banking teams to target specific segments.”

The technology already has been integrated by digital commercial bank Grasshopper. The firm, in partnership with Web 3 blockchain company HUMBL, will deploy FIS’ embedded finance services across both its consumer and commercial divisions.

“Our vision has been clear from the start,” Grasshopper Chief Digital Officer Chris Tremont said,. “We wanted to better serve the needs of fintechs, small and medium-sized businesses, and the venture community. This BaaS platform and sophisticated set of APIs allows us to leverage technology and provide an enhanced banking experience for our clients.”

2022 has been a year in which FIS has paid particular attention to opportunities in embedded finance. A Finovate alum since 2010, FIS began the year with an acquisition of embedded payments solution provider Payrix. The deal will bolster FIS’ e-commerce, embedded payments, and finance experiences for small and medium-sized merchants via SaaS-based platforms.

“The acquisition of Payrix is an excellent proof point of FIS’ ability to unlock the value of our broad portfolio of solutions as companies of all sizes rely on FIS as a destination for innovation to advance how the world pays, banks, and invests,” said FIS President Stephanie Ferris.


Photo by Laker



Source link

Tags: banksbitcoin newsbringcrypto analysiscrypto newsEmbeddedEthoz EdgeFinanceFISLatest bitcoin newslatest crypto newsMidSizedPartnersPrimeSmallTreasury
Share76Tweet47

Related Posts

5 Tales from the Crypto: Will Stablecoins Keep Digital Asset Dreams Alive?

by ethozedge
March 22, 2023
0

As the going gets tough for crypto, will the underlying blockchain technology get going? That was one of the top...

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain – Defi Bitcoin News

by ethozedge
March 22, 2023
0

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the...

J.P. Morgan Acquires Aumni, Investment Analytics Provider

by ethozedge
March 22, 2023
0

J.P. Morgan is acquiring investment analytics tool Aumni. While terms of the deal are undisclosed, CNBC reports that J.P. Morgan...

Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’ – Bitcoin News

by ethozedge
March 22, 2023
0

On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled...

eToro Lands $250 Million at $3.5 Billion Valuation

by ethozedge
March 21, 2023
0

eToro landed $250 million in funding at a $3.5 billion valuation The investment boosts the company’s total funding to $573...

Load More
  • Trending
  • Comments
  • Latest

🔴 Bank of America Bets on Crypto

April 11, 2022

Pomelo Launches Family Credit Cards to Combine Credit and International Money Transfer

August 16, 2022

How to Add Polygon (MATIC) to Your MetaMask Wallet

May 28, 2022

The Sandbox Price Prediction 2022-2030: HODL or DUMP?

May 25, 2022

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

0

At least 54 apes were stolen in BAYC Instagram hack

0

Binance Introduces New Crypto Card for Ukrainian Refugees

0

55,000 Meta Cricket League NFTs sell out in nine minutes

0

Here’s How The Industry Will

March 23, 2023

Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi – Bitcoin News

March 23, 2023

LTC up +7.46%, BTC -2.03%, Litecoin is The Coin of The Day – Daily Market Update for Mar 23, 2023 | CoinCodex

March 23, 2023

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency – Regulation Bitcoin News

March 23, 2023
Facebook Twitter LinkedIn Tumblr RSS
EthozEdge

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at EthozEdge

CATEGORIES

  • Altcoin News
  • Avalanche Network
  • Binance Smart Chain
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Regulation News
  • DeFi
  • Ethereum
  • EVM News
  • Fantom Opera Chain
  • Harmony Chain
  • Huobi Eco Chain
  • Metaverse
  • NFT
  • Polygon Chain
  • Scam News
  • Web 3.0
  • XDai Chain

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • ETHO News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polygon Chain
  • Crypto News
    • Altcoin News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Crypto Regulation News
    • DeFi
    • NFT
    • Metaverse
    • Scam News
    • Web 3.0

Copyright © 2022 - EthozEdge.
EthozEdge The Crypto is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$27,723.00-2.06%
  • ethereumEthereum(ETH)$1,760.46-2.10%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.010.13%
  • binancecoinBNB(BNB)$326.68-0.34%
  • usd-coinUSD Coin(USDC)$1.010.22%
  • rippleXRP(XRP)$0.444641-1.84%
  • cardanoCardano(ADA)$0.373731-0.47%
  • dogecoinDogecoin(DOGE)$0.0776462.72%
  • staked-etherLido Staked Ether(STETH)$1,755.25-2.26%
  • matic-networkPolygon(MATIC)$1.13-1.89%
  • solanaSolana(SOL)$21.77-3.65%
  • binance-usdBinance USD(BUSD)$1.00-0.22%
  • polkadotPolkadot(DOT)$6.21-1.50%
  • litecoinLitecoin(LTC)$91.3412.37%
  • shiba-inuShiba Inu(SHIB)$0.000011-0.88%
  • tronTRON(TRX)$0.062542-7.31%
  • avalanche-2Avalanche(AVAX)$17.41-1.02%
  • daiDai(DAI)$1.000.06%
  • uniswapUniswap(UNI)$6.19-2.51%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,720.00-2.13%
  • chainlinkChainlink(LINK)$7.38-2.35%
  • ToncoinToncoin(TON)$2.34-3.93%
  • cosmosCosmos Hub(ATOM)$11.66-1.02%
  • leo-tokenLEO Token(LEO)$3.37-0.21%
  • ethereum-classicEthereum Classic(ETC)$20.791.08%
  • moneroMonero(XMR)$153.911.20%
  • okbOKB(OKB)$46.042.74%
  • bitcoin-cashBitcoin Cash(BCH)$129.09-3.53%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • stellarStellar(XLM)$0.093069-1.17%
  • filecoinFilecoin(FIL)$5.78-0.65%
  • AptosAptos(APT)$12.775.07%
  • true-usdTrueUSD(TUSD)$1.00-0.23%
  • lido-daoLido DAO(LDO)$2.360.29%
  • hedera-hashgraphHedera(HBAR)$0.061522-3.26%
  • quant-networkQuant(QNT)$126.11-3.12%
  • crypto-com-chainCronos(CRO)$0.069339-3.02%
  • nearNEAR Protocol(NEAR)$2.00-1.33%
  • vechainVeChain(VET)$0.0234300.44%
  • blockstackStacks(STX)$1.162.58%
  • algorandAlgorand(ALGO)$0.219528-5.93%
  • internet-computerInternet Computer(ICP)$5.10-1.52%
  • apecoinApeCoin(APE)$4.070.21%
  • the-graphThe Graph(GRT)$0.1537952.21%
  • fantomFantom(FTM)$0.4872491.29%
  • eosEOS(EOS)$1.15-1.53%
  • the-sandboxThe Sandbox(SAND)$0.65-0.64%
  • aaveAave(AAVE)$77.55-0.64%
  • decentralandDecentraland(MANA)$0.60-1.57%
  • elrond-erd-2MultiversX(EGLD)$42.87-1.31%
  • tezosTezos(XTZ)$1.15-1.58%
  • immutable-xImmutableX(IMX)$1.21-1.78%
  • flowFlow(FLOW)$1.01-2.68%
  • fraxFrax(FRAX)$1.000.04%
  • theta-tokenTheta Network(THETA)$1.02-0.24%
  • axie-infinityAxie Infinity(AXS)$8.55-1.26%
  • kucoin-sharesKuCoin(KCS)$9.06-2.53%
  • neoNEO(NEO)$12.392.71%
  • havvenSynthetix Network(SNX)$2.73-2.32%
  • optimismOptimism(OP)$2.54-2.18%
  • conflux-tokenConflux(CFX)$0.379859-6.99%
  • BitDAOBitDAO(BIT)$0.53-3.70%
  • paxos-standardPax Dollar(USDP)$1.00-0.11%
  • rocket-poolRocket Pool(RPL)$38.94-3.17%
  • terra-lunaTerra Luna Classic(LUNC)$0.000127-1.45%
  • curve-dao-tokenCurve DAO(CRV)$0.97-2.51%
  • gatechain-tokenGate(GT)$5.26-0.13%
  • usddUSDD(USDD)$1.00-0.30%
  • mina-protocolMina Protocol(MINA)$0.82-1.38%
  • klay-tokenKlaytn(KLAY)$0.230361-2.16%
  • bitcoin-cash-svBitcoin SV(BSV)$36.68-3.12%
  • dashDash(DASH)$61.988.76%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.77-0.89%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.780.10%
  • gmxGMX(GMX)$77.29-2.31%
  • chilizChiliz(CHZ)$0.122546-0.27%
  • sapphireSapphire(SAPP)$0.7035.32%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • makerMaker(MKR)$687.001.39%
  • ecasheCash(XEC)$0.0000321.40%
  • huobi-tokenHuobi(HT)$3.70-8.25%
  • frax-shareFrax Share(FXS)$8.02-3.68%
  • bittorrentBitTorrent(BTT)$0.000001-0.53%
  • singularitynetSingularityNET(AGIX)$0.491555-0.54%
  • iotaIOTA(MIOTA)$0.212049-2.24%
  • Bitget TokenBitget Token(BGB)$0.411346-2.00%
  • xdce-crowd-saleXDC Network(XDC)$0.039241-2.79%
  • compound-ethercETH(CETH)$35.42-2.01%
  • EdgecoinEdgecoin(EDGT)$1.010.29%
  • pax-goldPAX Gold(PAXG)$1,989.691.93%
  • render-tokenRender(RNDR)$1.402.11%
  • Tokenize XchangeTokenize Xchange(TKX)$6.31-1.88%
  • trust-wallet-tokenTrust Wallet(TWT)$1.20-1.12%
  • tether-goldTether Gold(XAUT)$1,975.10-0.05%
  • binaryxBinaryX(BNX)$165.94-5.94%
  • zilliqaZilliqa(ZIL)$0.028124-0.27%
  • compound-usd-coincUSDC(CUSDC)$0.0228730.14%
  • Halo CoinHalo Coin(HALO)$0.057352-0.04%
  • osmosisOsmosis(OSMO)$0.81-2.21%
  • loopringLoopring(LRC)$0.3492390.37%
  • arweaveArweave(AR)$8.63-1.54%
  • 1inch1inch(1INCH)$0.51-2.64%
  • radixRadix(XRD)$0.0419530.35%
  • oec-tokenOKC Token(OKT)$23.652.98%
  • thorchainTHORChain(RUNE)$1.40-2.64%
  • mask-networkMask Network(MASK)$5.447.35%
  • convex-financeConvex Finance(CVX)$5.37-3.68%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,886.06-2.12%
  • fetch-aiFetch.ai(FET)$0.386085-2.51%
  • enjincoinEnjin Coin(ENJ)$0.4002430.07%
  • casper-networkCasper Network(CSPR)$0.036817-2.29%
  • kavaKava(KAVA)$0.88-5.00%
  • gemini-dollarGemini Dollar(GUSD)$1.00-0.15%
  • nexoNEXO(NEXO)$0.701.77%
  • zcashZcash(ZEC)$35.910.35%
  • btse-tokenBTSE Token(BTSE)$2.39-0.91%
  • FlareFlare(FLR)$0.0320762.59%
  • dydxdYdX(DYDX)$2.51-2.27%
  • DeFiChainDeFiChain(DFI)$0.56-3.48%
  • FLOKIFLOKI(FLOKI)$0.000038-2.72%
  • MagicMagic(MAGIC)$1.74-3.23%
  • cdaicDAI(CDAI)$0.0222310.07%
  • EthereumPoWEthereumPoW(ETHW)$3.42-1.54%
  • basic-attention-tokenBasic Attention(BAT)$0.244202-0.85%
  • DogechainDogechain(DC)$0.001787-24.98%
  • ethereum-name-serviceEthereum Name Service(ENS)$13.85-1.71%
  • nemNEM(XEM)$0.039402-2.47%
  • WEMIXWEMIX(WEMIX)$1.42-3.67%
  • qtumQtum(QTUM)$3.293.97%
  • woo-networkWOO Network(WOO)$0.205381-0.96%
  • Aleph ZeroAleph Zero(AZERO)$1.569.34%
  • Nexus MutualNexus Mutual(NXM)$50.55-1.65%
  • injective-protocolInjective(INJ)$4.231.41%
  • baby-doge-coinBaby Doge Coin(BABYDOGE)$0.000000-2.42%
  • terra-luna-2Terra(LUNA)$1.41-0.32%
  • holotokenHolo(HOT)$0.001851-0.11%
  • theta-fuelTheta Fuel(TFUEL)$0.053734-0.33%
  • galaGALA(GALA)$0.041710-3.35%
  • ravencoinRavencoin(RVN)$0.026171-3.39%
  • kusamaKusama(KSM)$33.97-0.47%
  • celoCelo(CELO)$0.62-1.29%
  • compound-governance-tokenCompound(COMP)$43.87-0.87%
  • Access ProtocolAccess Protocol(ACS)$0.0099283.69%
  • oasis-networkOasis Network(ROSE)$0.058241-2.27%
  • Gains FarmGains Farm(GFARM2)$8,150.47-3.30%
  • bitcoin-goldBitcoin Gold(BTG)$16.59-3.70%
  • decredDecred(DCR)$19.54-1.48%
  • BeldexBeldex(BDX)$0.0555941.42%
  • olympusOlympus(OHM)$10.300.47%
  • gnosisGnosis(GNO)$110.09-1.59%
  • yearn-financeyearn.finance(YFI)$8,656.61-2.67%
  • KaspaKaspa(KAS)$0.016201-1.52%
  • linkLINK(LN)$41.670.75%
  • AstarAstar(ASTR)$0.064042-5.94%
  • safemoonSafeMoon [OLD](SAFEMOON)$0.000000-0.55%
  • audiusAudius(AUDIO)$0.280380-1.83%
  • ankrAnkr Network(ANKR)$0.033857-1.07%
  • harmonyHarmony(ONE)$0.0218541.22%
  • balancerBalancer(BAL)$6.69-0.53%
  • nucypherNuCypher(NU)$0.2053945.20%
  • liquity-usdLiquity USD(LUSD)$1.020.34%
  • chiaChia(XCH)$37.85-0.91%
  • Bone ShibaSwapBone ShibaSwap(BONE)$1.12-6.07%
  • IdeaChainIdeaChain(ICH)$4.730.00%
  • ftx-tokenFTX(FTT)$1.89-21.52%
  • SSV NetworkSSV Network(SSV)$35.53-4.21%
  • stepnSTEPN(GMT)$0.397284-1.43%
  • Crypto Gladiator LeagueCrypto Gladiator League(CGL)$0.16194440.57%
  • huobi-btcHuobi BTC(HBTC)$27,850.00-1.93%
  • omisegoOMG Network(OMG)$1.77-0.80%
  • convex-crvConvex CRV(CVXCRV)$0.85-1.83%
  • BlurBlur(BLUR)$0.591.70%
  • AstraferAstrafer(ASTRAFER)$1.58-1.93%
  • golemGolem(GLM)$0.243476-0.38%
  • Gains NetworkGains Network(GNS)$7.96-3.40%
  • iotexIoTeX(IOTX)$0.025152-0.21%
  • moonbeamMoonbeam(GLMR)$0.3909830.17%
  • Manchester City Fan TokenManchester City Fan Token(CITY)$11.87-1.78%
  • world-mobile-tokenWorld Mobile Token(WMT)$0.2920233.33%
  • ecomiECOMI(OMI)$0.000846-0.69%
  • justJUST(JST)$0.025724-4.51%
  • escoin-tokenEscoin(ELG)$2.840.10%
  • jasmycoinJasmyCoin(JASMY)$0.004798-1.64%
  • tether-eurtEuro Tether(EURT)$1.091.84%
  • DAO MakerDAO Maker(DAO)$1.521.95%
  • Meerkat SharesMeerkat Shares(MSHARE)$11,715.17-5.03%
  • kadenaKadena(KDA)$1.01-2.76%
  • wavesWaves(WAVES)$2.23-2.73%
  • Staked LunaStaked Luna(STLUNA)$88.35-0.49%
  • bloxBlox(CDT)$0.325289-26.79%
  • Frax EtherFrax Ether(FRXETH)$1,759.86-2.16%
  • amp-tokenAmp(AMP)$0.003875-2.02%
  • terrausdTerraClassicUSD(USTC)$0.021657-3.27%
  • band-protocolBand Protocol(BAND)$1.69-2.10%
  • sushiSushi(SUSHI)$1.09-6.21%
  • siacoinSiacoin(SC)$0.004053-0.21%
  • Ankr Staked ETHAnkr Staked ETH(ANKRETH)$1,925.73-2.13%
  • LiquityLiquity(LQTY)$2.23-3.33%