FIS Harmonizes Payments With Launch of Unified Money Movement Hub

Business Wire
Yesterday

Key facts

  • FIS has launched a unified payments hub for financial institutions that facilitates integration with major U.S. payment networks.
  • The cloud-native Money Movement Hub features a universal API and orchestration capability, with built-in fraud controls, so payments can be managed centrally.
  • The solution is the latest example of FIS’ strategic commitment to deliver fintech innovation across the money lifecycle.

JACKSONVILLE, Fla., May 01, 2025--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has announced the launch of its Money Movement Hub, an innovative payments solution that helps to simplify the back-end infrastructure of financial institutions by enabling them to connect to multiple payment networks and process payments in one place.

Designed as a turnkey solution for a wide range of institutions – from super regional banks to community banks – the Money Movement Hub supports a modernized payments journey that can change with each client’s needs. The flexible, cloud-native platform is core-agnostic and allows banks to start with the payment types they need today, then add new capabilities over time through a "pay-as-you-grow" model. It delivers unified and secure money movement experiences that can be embedded across a variety of customer channels, helping institutions meet digital demands quickly and efficiently.

While consumers’ expectations for payment ease and efficiency have increased, many institutions are struggling to meet these demands using dated and disparate technology, leaving them exposed to settlement delays and security vulnerabilities. In fact, 57% of organizations that participated in the FIS Harmony Gap survey reported experiencing friction in payments processing, or when money is in motion, at least once a week.

The FIS Money Movement Hub helps to harmonize the payments ecosystem within a financial institution by facilitating the integration of major payment networks within one solution, via a single API. As well as helping to reduce complexity for organizations, the solution can increase the accuracy of payments, improve liquidity, and help to quickly remediate security risks. This innovative payments hub responds to evolving consumer demands for faster and more efficient payments, as well as regulatory changes, and aims to transform financial institutions’ money movement capabilities.

Gareth Lodge, principal analyst at Celent commented, "Payments are the one thing that unite every customer at every bank, and as their expectations continue to change, they expect more. While our Dimensions research found that 45% of U.S. banks have major payments modernization plans in the next 18 months, these banks need to ensure that they choose a solution that doesn’t just meet the needs of today, but also tomorrow."

Jim Johnson, co-president, Banking Solutions at FIS, commented, "This new solution is a testament to FIS’ dedication to unlocking financial technology that efficiently moves money between the world’s banks, consumers and businesses. Our new Money Movement Hub can help to reduce the complexity and costs associated with managing multiple payment channels, enabling funds to flow with speed, accuracy and security throughout the money lifecycle."

Features of the FIS Money Movement Hub

  • Unified integration – The FIS Money Movement Hub is designed to integrate with major payment networks, including instant, ACH and wires.
  • Cloud-native - The solution is hosted in FIS’ dedicated Amazon Web Services Cloud environment, helping to increase scalability, cost-efficiency, reliability and security.
  • Built-in fraud controls – Real-time in-line transaction and OFAC monitoring, fraud detection, and risk scoring are available within the FIS Money Movement Hub, helping to make payments processing more secure and efficient.

Learn More

Learn more about the FIS Money Movement Hub.

About FIS

FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn, Facebook and X.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250501773627/en/

Contacts

For More Information
Kim Snider, 904.438.6278
Senior Vice President
FIS Global Marketing and Communications
kim.snider@fisglobal.com



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