FIS enhances Digital One platform
FIS (NYSE:FIS) has enhanced its Digital One platform with the launch of Spending Insights, a new offering within the Digital One Financial Wellness Suite. FIS’ Digital One hosted platform is pre-integrated with the company’s core banking solutions making it easier for FIS’ clients to tap into this powerful digital solution.
Spending Insights brings innovative new features to banks and their customers, with advanced online banking experiences and personalized, actionable insights about banking activity. This enhancement to the FIS Digital One platform makes powerful tools highly accessible to FIS digital banking customers so they benefit from pre-configured, flexible solutions that require far fewer developer resources than custom builds can.
FIS’ Spending Insights is powered by artificial intelligence and predictive analytics accessible as an online and mobile banking tool that delivers targeted insights to customers about their financial activity. Customers with Digital One Spending Insights-enabled accounts will receive tailored suggestions for transaction monitoring, balance and cashflow trackers, reminders to set budgets, nudges to better financial choices, and more.
This new solution is now being used by more than 85 banks including Danbury, CT-based Union Savings Bank, which serves 25 branches in Western Connecticut. The solution also leverages the powerful data-driven personalization platform from FIS partner Personetics to deliver unique insights.
As the digital transformation of the world’s banking and financial services industry accelerates, smaller banks looking to offer an experience on par with their largest bank and fintech competitors will need to build out their digital banking strategy. The FIS Digital One platform offers an array of solutions for financial institutions of all sizes to deploy highly advanced digital and mobile banking experiences.
“Our highly advanced offerings like the Digital One platform are what drive innovative and forward-looking banks to come work with FIS,” said Maria Schuld, Division Executive, Americas Banking Solutions at FIS. “Because we continue to deliver novel features and experiences, our clients have come to trust us to help them stay on top of and ahead of the technology driving our industry, and it’s why more than 85 banks have already signed up for these new enhancements to our Digital One platform.”