Enter the future
Amidst the looming threat of recession and today’s funding and growth challenges, fintechs still need to keep the wheels of innovation turning. Here are top actions to steer your firm to be future-ready.
INNOVATORS NEVER STAND STILL
Staying resilient in tough times
2
contents
Resiliency while delivering disruption
3
Accelerate innovation
4
Focus on your mission
5
Set your sights on growth
6
Future-proof your journey
8
Big ideas will disrupt the market
Step into the future
7
Regulatory oversight is increasing
9
Evolution of the fintech landscape
10
Keep innovating for the future
11
Firms like yours are focused on building the future but this has never been harder. In the uncertain economic climate, some banks are reducing their reliance on fintechs and capital for investments has been pulled back. Can you keep up with today’s pressures, from delivering innovation to operational and cost efficiencies?
Strength in Numbers, Barclays Corporate Banking, March 2022
60%
of fintechs believe that start-ups fuel innovation and change
%
0
FIS drives success
Tap into new technology, be prepared for regulatory changes and speed up time-to-market.
Deliver innovation
With our flexible architecture, you can maximize your growth potential, keep on top of compliance and harness automation and efficiency.
Make disruptive technologies your own and keep on top of the latest trends, from embedded finance to super apps.
To succeed in today’s fintech landscape, you need to be competitive – and that means differentiating your business with unique, innovative financial services. You need to bring disruption to market so that you can create new experiences, build your customer base and move the market forward. And you need to do it quickly.
accelerate innovation
Bring disruption to market
FIS accelerates innovation
Drawing upon our extensive experience and knowledge, we build the technology and platforms you need to bring innovation to your customers and move the market forward.
The Super App Shift, PYMNTS.com, July 2022
of consumers motivated by convenience would integrate a super app into any given area of their lives
cited frictionless payments as the key driver for customer loyalty
PYMNTS.com, December 2021
Value of global embedded finance by 2030
$
T
“The next wave of value creation will be around providing a single pane of financial services.” – Taira Hall, SVP, Strategic Innovation Executive, B2B, Fintech and Embedded Finance at FIS
EMBEDDED FINANCE IS A GAME CHANGER
As your business grows, it’s all too easy to get distracted from your firm’s core purpose. Disparate systems and inefficient processes can get in your way and slow down innovation – so you need to harness tools and services that can handle your back-office functions and free you to focus on what you do best.
focus on your mission
Seize the power of automated systems and ask the experts to handle your back-office functions, so you don’t have to.
Alex Orechoff, Director of Vertical Growth, Financial Services at FIS
You need to make sure that you’re spending maximum effort on doing what’s core to your business and that all the ecosystem is supporting the delivery of the best possible product and customer experience. You need the right partners to step in and allow you to focus on what you do well. That will enable success.
"
evolve your operations
FIS delivers efficiency
Evolve your operations
With breadth of technology and automated cloud-based systems, we can help you run your business with precision using an efficient, integrated model. You won't be held back by a mishmash of different systems and providers.
Innovating quickly is key to your firm’s success – and with growth firmly in your sights, seeking funding is a top priority. But competition is fierce, so have you brought your operations up to the level needed to hit your growth targets and KPIs? It’s time to get your house in order.
Choose vendors who can help you innovate efficiently, allowing you to reach each phase of your growth journey.
Gain access to funding
FIS enables growth
Plug in our technology to accelerate your development and meet the growth targets and KPIs that trigger the next round of funding.
State of Fintech Global Q2 2022, CBInsights
decline in fintech funding YoY in Q2 2022
State of Fintech Global Q1 2022, CBInsights
to their lowest quarterly level since Q4 2020
Funding and deals dropped
State of Fintech, April 2023, CBInsights
consecutive quarters of decline in global fintech funding through 2022
You want to fast-track your innovation – but you also need to access best-in-class financial technology to compete effectively, while preparing for the prospect of more regulatory scrutiny. How can you meet tomorrow’s challenges head-on, while positioning your firm for future growth?
step into the future
Access innovation, be prepared for regulatory change and work with a future-ready partner that’s built to last.
Be prepared
FIS supports scale
FIS has the breadth of banking, payment and financial management technology, experience and expertise to support your business as it grows.
say financial technology will be consumed via integrated, invisible services in the future (among respondents in the Americas).
"FIS Banking-as-a-Service provides fintechs the ability to easily offer financial products to their end consumers." – Barbara Negron, Director, Product Line Manager at FIS
EMBEDDED FINANCE ALLOWS EASY ACCESS
In today’s market, success is not guaranteed – and economic challenges are not going away. The key to success is finding a trusted partner that is committed to supporting fintechs and investing in future enhancements, who innovates the foundations that fintechs can build around and has the staying power needed to stand the test of time.
future-proof your journey
Work with a provider that can support your growth and help you weather economic turbulence.
choose the right partner
FIS powers growth
Choose the right partner
FIS has the solutions that can power your growth today, and the resilience and commitment to ongoing investment.
"What we’re seeing is an ability for us to have really important products and solutions that fintechs can actually build around." – Stephane Wyper, SVP of Venture Investments for FIS
HOW IS FIS SUPPORTING STARTUPS?
REGULATORY OVERSIGHT IS INCREASING
Regulation is a moving target – and while fintechs currently do not attract the same level of scrutiny as banks, it’s clear that change is coming. Regulators are poised to take steps to protect consumers and investors, while smaller firms continue to struggle with the cost and complexity of cross-border compliance. Are you prepared?
of fintechs across the globe think regulation will drive opportunity in the sector
FIS reduces risk
Work with a partner that helps you achieve compliance seamlessly.
Minimize risk
FIS has the capabilities, scale and expertise to help you navigate regulatory challenges and support you in the years ahead.
Gaining traction is the idea of moving to where the end customer is today – and this is fueling the rise of embedded finance and banking-as-a-service. Meanwhile, there’s an opportunity to re-bundle financial services through partnership and collaboration.
evolution of the fintech landscape
FIS is a gateway to an ecosystem of financial institutions, clients and fintechs that is unparalleled.
partnership fuels expansion
FIS can help
Bold action
FIS delivers efficiency: With breadth of technology and automated cloud-based systems, we can help you run your business with precision using an efficient, integrated model. You won't be held back by a mishmash of different systems and providers.
"I’m excited that FIS can play a role in connecting startups and fintechs with ourselves, as well as with our customers." – Stephane Wyper, SVP of Venture Investments at FIS
HOW FINTECH IS CHANGING
FIS. Innovators rely on us.
Innovation is your lifeblood. But to focus on what you do best, you need to keep up with today’s challenges, from chasing funding to delivering innovation quickly, and stay ready for the changes that are on the horizon, from increased regulatory scrutiny to new technologies. Do it all with the confidence that comes with choosing a partner that will support your future journey.
Learn more
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About FIS
FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index.
New technologies are set to bring new opportunities for innovation – and you need to keep up with the pace of change in order to deliver the right experiences to your customers. That means having access to innovative, scalable and disruptive technologies that enable you to compete effectively.
big ideas will disrupt the market
Take advantage of API-driven integration and build the right ecosystem for your value proposition.
Find a partner that innovates too
FIS is fintech for bold ideas
We help innovators like you bring bold ideas to life. Our proven approach to innovation comes from our unparalleled expertise that enables accelerated growth.
"We truly feel that the metaverse can bring a sense of emotion back into client relationships." – Himal Makwana, SVP and head of Strategy and New Initiatives for FIS
HOW ARE CUSTOMER NEEDS CHANGING?
The Metaverse is still early in the innovation cycle, but it’s evolving quickly. 67% of fintechs are actively researching potential opportunities in the Metaverse. It’s clear the industry understands the enormous opportunities that the Metaverse represents.
Himal Makwana SVP and head of Strategy and New Initiatives at FIS
