FIS unveils FinTech platform for financial institutions & businesses

By Delisha Fernandes

FIS, a global leader in financial technology, has introduced Atelio by FIS, a FinTech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings.

The innovative platform unlocks FIS’ existing financial technology via components that are easy to embed and consume. Atelio is where companies from all industries can go to create financial experiences such as collecting deposits, moving money, issuing cards, sending invoices, or leveraging the platform’s tools to fight fraud, forecast cash flows, or better understand customer behavior.

“Welcome to the future of financial services,” said Tarun Bhatnagar, president of Platform and Enterprise Products at FIS. “Atelio by FIS is our vision to lead where fintech is going, which is outside the boundaries of how businesses enable, and their customers consume, financial services today. More than just a new solution, Atelio is built to lend the expertise, tools and distribution so that our users and clients can focus on creating. Our scale, distribution and continued investment in technology have given us the foundation to unlock our financial capabilities to a wider audience and power the next generation of financial innovation.”

Atelio enables users to embed financial services into their products and workflows in a secure and compliant manner and empowers companies to simply and easily offer financial services to their customers at the point of financial need.

Atelio makes scalable and compliant FinTech capabilities consumable by banks, businesses and software developers – any innovator – where they can create the experiences they want to offer their customers. Distribution of Atelio is enhanced by FIS’ expansive bank distribution channel as well as its go-to-market relationship with Worldpay, giving users access to the full financial ecosystem and making it truly a destination for financial innovation.