Innovate and thrive
POWER YOUR TECH FIRM WITH FINANCE INNOVATION
Tech firms are changing the world – but this is no time to rest on your laurels. Are you delivering innovation at every touchpoint?
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contents
Change keeps coming
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Build smart operations
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Focus on sustainability
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Continuing convergence of technologies
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Enable growth for your customers
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Ready for the next challenge?
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Capitalize on your boldest ideas
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Ready to converge finance with your innovation?
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CHANGE KEEPS COMING
Change is the lifeblood of the tech industry. So are you prepared to meet the demands of technology convergence and the growing focus on sustainability with digital modernization?
Boston Consulting Group, Mind the Tech Gap Survey, November 2022
%
0
of businesses plan to increase their investments in digital transformation in 2023
Build Smart Operations
building the future
Despite a shrinking global economy,
Innovation powers growth. But bringing new innovation to market as quickly as possible isn’t always straightforward – particularly when inefficient processes are hampering your ability to invest. It’s not just about finessing the customer experience. You also have to streamline your operations and manage your investments more efficiently – and that means harnessing secure, automated systems and tapping into the power of AI and machine learning. Then use the resulting cost savings to invest in your innovation and keep your focus firmly where it’s needed – on growing the business.
2020 FIS Retail Global Payments Report
Streamline your operations and manage your investments more efficiently.
REV UP YOUR RESTAURANT OPERATIONS
FIS Innovation
How can treasury and finance functions support operational growth
"The three main areas where treasury technology is incremental in order to achieve double digit growth rates." - Thomas Jerolitsch, VP, Corporate Liquidity, FIS
Sustainability has never been a higher priority. You’re working to build a better future – but in today’s data-intensive world, tech firms also have to take all possible steps to reduce their carbon footprints. Luckily there are plenty of ways to further your firm’s Environmental, Social and Governance (ESG) agenda. Cloud-based systems not only deliver efficiencies and cost savings but can also help the environment through reduced energy needs.
FOCUS ON SUSTAINABILITY
Accenture, WSP USA and Microsoft, A Study on the Microsoft Cloud
lower carbon emissions.
Cloud services are
more energy efficient than onsite data centers, with
CONTINUING CONVERGENCE OF TECHNOLOGIES
The convergence of software, services, hardware and fintech continues. We all know that smartphones combined the power of the telephone with cameras, video players and much more. In the same vein, technologies that have developed separately are increasingly intersecting with each other in exciting ways. The result: new opportunities to disrupt the old ways of doing things. But do you have the tools you need to thrive in a market where cutting-edge technologies are not only emerging, but combining with each other to create something new?
Technologies that have developed separately are increasingly intersecting with each other in exciting ways.
Ready for the next challenge
The number of payment types is continually expanding, and your customers are demanding choices. Meanwhile, cryptocurrency users are looking to transact with the currency they’ve accrued, and cryptocurrency will soon find a home with other alternative payment methods that restaurants are accepting to build revenue and foster customer loyalty.
Accept the newest generation of payments
If you have EMV terminals in your restaurant, you likely already have the capability for contactless payments – you just need to enable them. In addition to contactless credit and debit card transactions, text-to-pay and app-based payments are fast, secure and frictionless for customers.
bold action
Bold solutions
Bold action
Talk to our experts about payments that offer a next-level experience. We can help with everything from digital wallets and contactless payments to debit and credit cards to emerging payments, so you can stay competitive.
The Paypers, Cross-Border Payments and Ecommerce Report 2022-2023
of B2B buyers now expect a seamless purchasing experience.
E-commerce exceeded $5.3 trillion in 2021, with mobile commerce reaching
The Global Payments Report 2023, FIS Global
CAGR through 2026
Digital wallets remain among the fastest growing payment methods with
The Global Payments Report 2022, FIS
of all e-com spend.
A2A transaction value surpassed $525 billion in 2022 and is projected to grow at
CAGR at POS
and
annual growth in e-com forecast through 2026
The pace of change in payments has never been faster, from the explosion of e-commerce to the use of digital wallets. Bold thinkers need a partner who can integrate with the global financial infrastructure and be prepared for the continuing pace of change. Inflexible payment systems are yesterday’s news – so make sure you have everything you need to tap into innovation and give potential customers the flexibility they’re looking for.
READY FOR THE NEXT CHALLENGE?
Oracle
of people would be willing to cancel their relationship with a brand that does not take sustainability and social initiatives seriously
AI can take orders and process payments at the register or over the phone, giving workers the opportunity to fulfill orders more quickly or interact with guests.
Turn to FIS for solutions to help you place more accurate orders with your suppliers – reducing the extra costs and sustainability impact of food waste.
How companies are using NFTs to increase loyalty
Inflexible payment systems are yesterday’s news.
“It’s imperative that the blending of the digital and virtual world is frictionless.” – Himal Makwana, SVP, Product Strategy and New Initiatives, FIS
Customer expectations are changing. So how can you not only address your customers’ existing needs, but also anticipate what they will need tomorrow? Succeeding in this market means embracing innovation at every touchpoint, from the products you create to the way your customers pay you. To generate results for you and your customers, work with a partner that can help you get to market quickly and efficiently, and harness flexible systems that enable cross-border payments in any currency.
ENABLE GROWTH FOR YOUR CUSTOMERS
Be laser-focused on what your strategy is and build incrementally from there.
Harness flexible systems that enable cross-border payments in any currency
FIS strategic innovation expert Mina Khattak explains what is driving the growth of Web3.
Mina Khattak, Director Strategy Innovation, FIS
CAPITALIZE ON YOUR BOLDEST IDEAS
You’ve got the bold ideas – so how can you capitalize on them? The good news is that there are more ways than ever to turn information into intelligence. Today’s powerful systems can analyze data using AI models, turn information into intelligence, and give you ready access to insights that will drive your next steps. But first you need a fintech partner that empowers your innovation with a tireless focus on driving improvements and supporting your digital transformation.
The Global Innovation Report 2023, FIS
are addressing knowledge gaps through partnerships.
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Get in Touch
Get in touch
$
Of enterprise tech firms that say embedded finance will have a major impact on their organization,
Tech firms are increasingly partnering with fintechs to add new lines of revenue
Innovate with finance tech
In today’s environment, you can’t afford to stand still. From embracing ESG to streamlining your operations, adapting to change is a continuous challenge. What’s more, planning ahead is essential as you adapt to evolving customer needs. Against this backdrop, it’s never been more important to work with a financial technology partner who can help you tap into emerging technologies, eliminate pain points and build a great experience for your customers.
READY TO CONVERGE FINANCE WITH YOUR INNOVATION?
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, absolute 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 ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor’s 500® Index.
linkedin.com/company/fis
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