BankSouth taps FIS Horizon to modernise banking operations

By Milan Rojan

US-based BankSouth has selected the Horizon platform from financial technology provider FIS to modernise its core banking operations as part of its wider digital banking strategy.

The upgrade is expected to help the bank improve operational efficiency, strengthen data management and enhance the delivery of banking services. Through the migration, BankSouth will also gain access to FIS’ broader payments network and FinTech ecosystem as it looks to expand its digital capabilities and support future growth.

“FIS gives us seamless connectivity to the FinTech partners we need, while delivering the modern core banking capabilities required to support our long-term growth and innovation strategy,” said Harold Reynolds, President and CEO of BankSouth. He added that the bank viewed technology modernisation as an important part of improving customer experience and operational performance.

The announcement comes as financial institutions continue investing in modern core systems, cloud-ready infrastructure and automation tools to improve efficiency and respond to growing digital banking demand. Banks are also increasing focus on integrated payments capabilities and scalable technology platforms to support changing customer expectations.

The BankSouth agreement forms part of a broader technology push by FIS. Earlier this month, the company introduced Project Keystone, an initiative aimed at enabling tokenised money movement between financial institutions and improving interoperability across payment networks. FIS also launched new reconciliation modernisation tools designed to help banks automate payment processes, reduce manual workloads and improve transaction visibility across operations.

“BankSouth’s growth ambitions align perfectly with what FIS can deliver through our flexible core banking technology and payments capabilities,” said Andrew Beatty, Head of Global Cores at FIS.

The latest initiatives highlighted rising demand for scalable banking technology as financial institutions continued accelerating digital transformation efforts.