FIS Cuts the Wait for New Credit and Debit Cardholders to Access Accounts
- FIS Digital Issuance solution allows financial institutions to provide newly approved applicants with immediate access to new credit and debit accounts via mobile phone.
- First-to-market solution also provides same-day mobile option for cardholders whose cards are lost, stolen or compromised.
Avidia Bankis the first financial institution to select FIS Digital Issuance.
Available to FIS credit or debit card processing clients, the solution allows consumers who are approved for a new credit or debit card to use a mobile app to set up their card securely in their phone’s mobile wallet. The cardholders can then make purchases immediately, allowing financial institutions to provide additional value and build relationships with these consumers.
The FIS Digital Issuance solution also provides a same-day mobile replacement option for cardholders whose cards are lost, stolen or compromised. Generally, a physical replacement card takes three to seven business days to be delivered by mail.1
“Avidia prides itself on providing our customers with cutting-edge technology that reduces complexity and makes their financial lives easier,” said
“In a world that places a premium on convenience and immediacy, this new solution from FIS lets financial institutions stand out from their competition,” said
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in
Senior Vice President