JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, proudly announces that it has taken home two of the most prestigious awards at the 2024 PayTech Awards USA. FIS Integrated Payables has been named Best Business Payments Solution and Seamus Smith, FIS Group President of Automated Finance, has been honored with the prestigious PayTech Leadership - At the Helm Award. These accolades underscore FIS’ commitment to advancing payment technology and enabling seamless money movement within the money lifecycle.
FIS Integrated Payables is a frictionless business payment solution that simplifies accounts payable processes through automation, payment visibility, and enhanced remittance detail. This innovative solution accepts a single, all-inclusive payment file from a company's enterprise resource planning (ERP) system, working to break down obstacles to account payable (AP) processing and simplifying account reconciliation. The award for Best Business Payments Solution highlights its transformative impact on business payments.
Seamus Smith's recognition with the PayTech Leadership - At the Helm Award celebrates his groundbreaking contributions to the payments industry and his strategic leadership at FIS. Under his guidance, FIS Automated Finance suite has sought to deliver next-generation solutions in accounts payable, accounts receivable, biller management and revenue optimization products and services, positioning FIS as a leader in the $1.1 trillion business-to-business payments market.1
“These awards highlights FIS’ continued investment in technology designed to support the office of the CFO across the entire money lifecycle,” said Seamus Smith, Group President, Automated Finance at FIS. “Our clients think of FIS as more than a technology partner because our team of financial and technology experts continuously push the boundaries to unlock revenue opportunities and support growth. There are a lot of choices in this space, being named the Best Business Payments System is something we’re truly proud of.”
The PayTech Awards USA recognize excellence and innovation in the banking, financial technology, and payment sectors. These awards celebrate outstanding achievements across various categories, including projects, products, services, individuals, and teams.
FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn, Facebook and X.
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1 Goldman Sachs, Verified Market Research, Deutsche Bank
