FIS Expands Auto Finance Capabilities With New Cloud Offering
MT Newswires Live
Nov 18
Fidelity National Information Services (FIS) said Tuesday it broadened its Asset Finance platform with new SaaS-based cloud features supporting consumer auto lending for commercial, retail, and wholesale finance operations.
The upgrade adds end-to-end loan and lease lifecycle tools for consumer auto, wholesale, and equipment finance, the company said
The platform now unifies origination, servicing, collections, and remarketing in a single cloud system, FIS said.
The company also said the changes are intended to help lenders manage rising operational demands and regulatory pressures.
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