FIS Demonstrates the Latest Mobile Innovations that Are Supporting More than 20 Million Users at Fin

FIS Demonstrates the Latest Mobile Innovations that Are Supporting More than 20 Million Users at FinovateSpring 2013

Key Facts

  • FIS is the industry's leading provider of mobile financial services, supporting more than 20 million consumers.
  • FIS to showcase the FIS Mobile Wallet with Cardless Cash Access, winner of the BAI Payments Innovation award, at FinovateSpring 2013.
  • The bank-branded solution gives financial institutions full management of the customer experience with the security of a cloud-based platform.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Dominating the mobile financial services market through the support of more than 20 million consumers, FIS™ (NYS: FIS) , the world's largest provider of banking and payments technology, announces it will be showcasing its latest mobile innovation, the FIS Mobile Wallet with Cardless Cash Access, at FinovateSpring 2013 in San Francisco on Tuesday, May 14. The FIS Mobile Wallet is a white-labeled, cloud-based mobile payment and offer redemption solution that allows financial institutions to fully brand and manage the customer experience, while offering consumers convenience and best-in-class security.


"With more than 20 million mobile users, FIS is leading the market to make this new era of mobile banking and payments easily accessible to consumers and their financial institutions," said Douglas Brown, SVP and GM, FIS Mobile. "We're excited to show Finovate attendees mobile innovations that greatly expand how mobile devices can be used to create a personalized and streamlined financial transaction experience. At FIS, we're focused on delivering mobile solutions that make a true difference to our clients and the business customers and consumers they serve."

Brown will demonstrate and detail the value that the cloud-based mobile wallet can provide financial institutions, merchants and consumers.

Integrated into a business' existing mobile application, the FIS Mobile Wallet enables the issuer to facilitate mobile commerce, maintain control of customer and transaction data and, most importantly, keep an institution's brand at the center of the customer experience. Consumers benefit from the convenient and easy-to-use mobile solution as well as financially from coupons, loyalty programs and merchant-funded rewards.

The platform ensures unmatched security as card information and payment credentials are never kept on the phone or passed to the merchant at the POS, but rather stored in the cloud. Two-factor authentication is required for every transaction.

FIS offers the most robust set of mobile capabilities in the market, and the FIS Mobile Wallet with Cardless Cash Access is one component of FIS' mobile financial services suite. Earlier this year, FIS acquired mFoundry, a foremost provider of mobile banking and payment solutions, resulting in the rapidly increased rate of innovation delivery within FIS' mobile business, and also won the BAI Payments Innovation award. FIS continues to build its lead in the mobile banking market by providing strategic solutions to its clients and their more than 20 million mobile users and more than 3 million mobile deposit customers.

FinovateSpring 2013 will be held at the San Francisco Design Center Concourse, 635 8th Street, in San Francisco.

About FIS

FIS (NYS: FIS) is the world's largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 35,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a member of Standard & Poor's 500® Index. For more information about FIS, visit www.fisglobal.com.

About FinovateSpring

FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Francisco, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit www.finovate.com/spring2013.



Kim Snider, +1.904.438.6278
Vice President
FIS Global Marketing and
Communications
kim.snider@fisglobal.com
or
Mary Waggoner, +1.904.438.6282
Senior Vice President
FIS Investor Relations
mary.waggoner@fisglobal.com

KEYWORDS:   United States  North America  California  Florida

INDUSTRY KEYWORDS:

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