FIS Garners 2015 PYMNTS Innovator Award for Best Innovation in ACH
31 March 2015 - 11:30PM
Business Wire
Key facts
- FIS’ Clear2Pay Open Payment Framework (OPF) ACH product won the
PYMNTS Innovator Gold Award for NACHA Best Innovation in ACH.
- The PYMNTS Innovator Awards are largely viewed as the most
prestigious awards in the payments industry.
- This is the second major award for FIS’ Clear2Pay OPF in the
last six months.
FIS™ (NYSE: FIS), a global leader in banking and payments
technology as well as consulting and outsourcing solutions, once
again flexed its muscles in the payments industry, taking home the
2015 PYMNTS Innovator Gold Award for NACHA Best Innovation in
ACH.
FIS earned the award for its Clear2Pay Open Payment Framework
(OPF) ACH product. Designed to empower financial institutions by
expanding their payments capabilities and providing faster
processing and information-based value added services, FIS’
Clear2Pay OPF reshapes payments operations by optimizing cost
structures and leveraging enterprise applications within a
financial institution rather than duplicating features. Adding to
these bottom line benefits, OPF ACH minimizes ongoing maintenance
costs by reducing the number of system interfaces required to
process payment transactions.
“Disrupting the status quo and bringing true innovation to the
market is the goal of FIS’ solutions,” said Nancy Langer, chief
product officer, FIS. “By reinventing the way payment processing is
viewed and eliminating the ‘siloed’, ACH-only focus, our Clear2Pay
OPF solution represents an end-to-end, consolidated platform that
is easier for financial institutions to operate and can be quickly
scaled with growth.”
As a global leader in real-time payments innovation and
next-generation payments platforms, FIS is uniquely positioned to
deliver the technologies and assets that will enable financial
institutions across the globe to realize a truly modern payments
environment, encompassing all customer channels, simplifying
payment operations, reducing costs and providing a better
experience for consumers.
The PYMNTS Innovator Awards are a part of the PYMNTS Innovation
Project, a two-day event convening the most thoughtful minds in the
world of payments and commerce. For the past two years, the PYMNTS
community has nominated innovators for 16 categories, and the
finalists were chosen from a panel of judges who have deep and
practical expertise in payments and innovation. The top three
finalists in each category were determined by voting from
PYMNTS.com®.
This is the second major award for FIS’ Clear2Pay OPF in the
last six months, as it won “Best Payments Product” at the Banking
Technology Awards 2014. That added to FIS’ recent honors, which
include five awards and three certificates of merit at the annual
BPO Excellence Awards, Best Mobile Banking Technology at the World
Finance Technology Awards and the Paybefore Awards 2015 M-Wallet of
the Year. FIS also was recognized for Innovation & Excellence
in Banking Technology in the UK at this year’s Innovation &
Excellence Awards.
About FIS
FIS is a global leader in banking and payments technology as
well as consulting and outsourcing solutions. With a long history
deeply rooted in the financial services sector, FIS serves more
than 14,000 institutions in over 130 countries. Headquartered in
Jacksonville, Fla., FIS employs more than 40,000 people worldwide
and holds leadership positions in payment processing and banking
solutions. Providing software, services and outsourcing of the
technology that drives financial institutions, FIS is 426 on the
Fortune 500 and is a member of Standard & Poor’s 500® Index.
For more information about FIS, visit www.fisglobal.com.
Follow FIS on Facebook (facebook.com/FIStoday) and Twitter
(@FISGlobal).
Kim Snider, 904.438.6278Vice PresidentFIS Global Marketing and
Communicationskim.snider@fisglobal.com
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