Key Facts:
- FIS recognized as an Overall Leader in the new Digital Issuance Provider Scorecard from Javelin Strategy & Research.
- FIS’ Digital Card Issuance solution was also named a Leader in the Scorecard’s “Features & Functionality” and “Technology” categories.
- This recognition is a testament to FIS’ industry-leading capabilities to help clients build smoother and more secure user experiences for today’s tech-savvy cardholders.
FIS® (NYSE: FIS), a global leader in financial technology, has been recognized as an Overall Leader in the latest Digital Issuance Provider Scorecard from Javelin Strategy & Research (Javelin). Following recent recognitions from several respected analyst houses, this announcement further illustrates FIS’ position as a leading provider of payment solutions that unlock efficiencies for the world’s money when in motion.
Digital issuance is a process that lets banks and other financial institutions give people access to their card details right away, without needing to wait for a physical card to arrive in the mail. With this technology, consumers can start using their digital card for purchases almost immediately, whether online or in stores, helping to make payments faster and more convenient.
The Scorecard, which provides comprehensive assessments of digital issuance solutions, meticulously evaluated eight digital card issuance products across three categories using 25 criteria, backed by findings from consumer survey research. FIS was also named a Leader in the scorecard’s “Features & Functionality” category and “Technology” category, demonstrating the company’s commitment to innovating across the entire money lifecycle.
“As Gen Z and Gen Alpha take on greater importance for card issuers, it’s imperative that we provide them with an outstanding digital user experience,” said Kim Bynan, head of Issuing Solutions at FIS. “A modern card issuing platform needs to stay ahead of the curve with innovative technology that helps exceed those customers’ demands, and this recognition from Javelin reinforces FIS’ leadership in helping issuers get there.”
FIS’ Digital Card Issuance solution is designed to help streamline the card issuance process while enhancing the customer experience and satisfaction. With nearly instant digital issuance of debit cards to mobile wallets, financial institutions’ customers have almost immediate access to their funds. The solution is designed for more secure card activation and management, deploying advanced authentication methods to help protect against fraud. Whether onboarding new customers or issuing replacement cards, FIS Digital Card Issuance is built for flexibility and speed to more seamlessly integrate with existing systems and offer cardholders a smoother, modern payment experience.
“As consumers across all ages increasingly rely on digital payments, it is critical for issuers to provide them with rapid and reliable access to new or replacement debit cards. Financial institutions need to prioritize digital issuance and choose a solution provider that offers product features and functionalities that will meet customers’ growing demand for greater security, quicker digital card access and an enhanced customer experience,” said Elisa Tavilla, director of the Debit Payments practice at Javelin and author of the Scorecard. FIS stood out for its robust features and capabilities, including support for digital issuance and provisioning to a vast variety of mobile wallets and card brands.”
