Digital Payments Fintech News

Innovation Takes Center Stage as FIS Announces Winners of 2021 Impact Awards

Innovation Takes Center Stage as FIS Announces Winners of 2021 Impact Awards
  • The 2021 winners are Baker Boyer National Bank, Boost Payment Solutions, CDK Global, NRW.BANK, Quontic Bank and Walgreens.
  • In its fifth year, FIS’ signature awards program recognizes organizations that have used FIS technology to innovate within their business to enhance customer service and drive tangible business results.
  • The Impact Awards are independently judged by industry analyst group Celent.

Financial technology leader FIS announced the winners of the 2021 FIS Impact Awards program. Independently judged by leading industry analyst group Celent, the annual program recognizes forward-looking organizations that use FIS technology to enhance customer service, drive tangible business results, and advance commerce and the financial world.

The 2021 Impact Award winners are Baker Boyer National Bank, Boost Payment Solutions, CDK Global, NRW.BANK, Quontic Bank and Walgreens. Entries were judged by Celent on the criteria of applied innovation, tangible return on investment and enhanced customer service.

For each winning entry, FIS is making a $10,000 donation to a charitable organization chosen by the winner through the FIS Foundation.

Read More: AmCom Insurance Services, Inc. Selects Input 1 Payments As Their Digital Payment Gateway Provider

“The Impact Awards program brings together two of our core values at FIS: innovation and giving back,” said Bruce Lowthers, President, FIS. “It’s always exciting to see the innovative ways our technology is being used by our clients to better serve their customers and achieve their business goals. Congratulations to this year’s winning entries and the charities that are doing such important work in their communities.”

“We’re struck by the innovative ways that firms in a variety of industries used technology to creatively increase efficiency and decrease costs,” said Dan Latimore, Chief Research Officer at Celent. “The 2021 FIS Impact Award winners shared a focus on execution and a commitment to gaining organizational alignment, a prerequisite to the implementation of most technology projects.”

Read More: Blackhawk Network Introduces Scan-to-Buy Live Entertainment And Amusement Ticket Purchasing In US Retailers

The 2021 FIS Impact Awards winners are:

  • Baker Boyer National Bank, a Northwest community bank that has served customers for over 150 years, won for its use of the open architecture-based FIS trust accounting system to enhance its client onboarding and operational processes.
  • Boost Payment Solutions, a global leader in B2B digital payments, won for its use of the Worldpay by FIS platform to convert virtual and other commercial card payments into a seamless and fully automated straight-through processing experience for buyers, suppliers and B2B intermediaries.
  • CDK Global, a leading provider of integrated data and technology solutions for the automotive, heavy truck, recreation, and heavy equipment industries, won for its work in transforming its accounts receivables operations using the FIS GETPAID solution, significantly enhancing efficiency and reducing disputes and aged receivables.
  • NRW.BANK, the promotional bank of North Rhine-Westphalia in Germany and provider of financial development and banking products, was recognized for its use of the FIS Cross-Asset Trading and Risk Platform to consolidate its legacy systems, enhancing efficiency and collaboration while reducing risk.
  • New York-based Quontic Bank, an adaptive digital bank that empowers its customers financially while embracing their diverse circumstances, won for its innovative use of FIS Digital One and other FIS technologies to develop an innovative new Bitcoin-based rewards checking account.
  • Leading retail pharmacy chain Walgreens won for its use of FIS Premium Payback to enable Walgreens customers with eligible payment cards to tap into associated rewards points in real-time to help pay for in-store purchases.

Read More: GoCardless and Piano Partner to Help Publishers and Brands Drive Recurring Revenue

Related posts

Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain

Fintech News Desk

What Are The Fintech AI certifications?

Pooja Choudhary

SEBA Hong Kong Opens Hong Kong Office to Establish APAC Presence

Fintech News Desk
1