American Express® has chosen FIS’ InstantFunds Mobile technology to provide mobile-driven remote check capture for its Walmart-partnered Bluebird prepaid accounts. FIS InstantFunds Mobile enables consumers to use their smartphones to scan a check and add funds into their account. Amex hopes the service will limit fraud by leveraging FIS’ analytics and payment guaranty technologies.
"Our strategy is to provide consumers with convenient and easy-to-use payment products that best fit the way they want to make purchases and payments. FIS’ mobile check capture solution provides our customers with a simple and convenient way to load funds in their accounts, right from their smartphones," stated Alpesh Chokshi, president, Global Payment Options, American Express.
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 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions.
FIS is ranked 425 on the Fortune 500 and is a member of Standard & Poor’s 500® Index. FIS has also been named the No. 1 overall financial technology provider in the annual FinTech 100 rankings. Despite these achievements, we never lose sight of the fact that it’s our clients that make us successful. That’s why FIS’ commitment to operational excellence and client satisfaction is at the forefront of our business strategies and top of mind with every decision we make.