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FIS Adds New Customer For Its InstantFunds Mobile Technology

FIS™, (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that American Express ® chose FIS’ InstantFunds Mobile technology to provide mobile-driven remote check capture for Bluebird accounts.

“Consumers are increasingly mobile and tech-savvy and constantly seek convenience. They want the option to perform any financial or purchasing transaction with a mobile phone,” explained Gary Norcross, president and chief operating officer, FIS. “We recognized the opportunity to offer a mobile solution that brings more secure, self-service capabilities to consumers and we’re excited that American Express has teamed with FIS to support its innovative Bluebird offering.”

FIS InstantFunds Mobile enables consumers to use their smartphones to scan a check and add funds into their account, thus limiting 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.

InstantFunds Mobile combines three proven FIS solutions: Mobile Prepaid, FIS Xpress Deposit and Certegy Check Authorization and Warranty into a single solution designed to deliver convenience, speed and fraud protection to consumers who want to fund their prepaid cards. With FIS InstantFunds Mobile at the core of their mobile strategy, payments providers now have a feature within their own mobile app in which they control the cardholder experience from messaging and fee structures to promotions and campaigns. In contrast to other solutions, the FIS offering is integrated and encourages consumer adoption by eliminating the hassle of downloading a second app for adding funds via check to the card. For the cardholder, it makes funds available, offers fraud protection, and supports all check types.

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