India’s Economic Times, one of the world’s most widely read English-language business newspapers, has named FIS™ (NYSE: FIS), a global leader in financial services technology, the Best Tech Brand in Banking & Financial Services Solutions 2015.
This represents FIS’ first time receiving the recognition; it came as a result of a survey and study of 300 brands across eight Indian cities by MRSS, India’s largest independent market research company.
“We’re extremely honored to be named the Best Tech Brand in Banking & Financial Services amongst an impressive field of strong companies,” said Shrihari Bhat, group managing director, APAC, FIS. “More importantly, we’re proud that the work of our 55,000 employees is empowering our clients to move their business forward and make a difference in the lives of the customers they serve. That’s the mission behind the FIS brand.”
The quick empowerment of clients – particularly in India as it focuses on financial inclusion – led FIS’ recent launch of Banking on Demand, an innovative, hosted solution that enables small banks, payment banks and microfinance institutions to deliver banking capabilities to their customers without the expense and time associated with building out traditional banking infrastructure.
Late last year, FIS also opened India’s first financial inclusion lab in Bengaluru. The lab is designed to provide a working, collaborative environment for FIS to cooperate with business leaders, government organizations and NGOs across the country to create and test solutions that will increase financial literacy for India’s 1.2 billion citizens. Its interactive data tools also will help identify roadblocks to greater financial inclusion.