Full-Time
Posted on 3/12/2025
$96.6k - $159.4kAnnually
Senior
Company Does Not Provide H1B Sponsorship
California, USA
The job is located in California, but the specific city is not provided in the address.
Company Size
10,001+
Company Stage
IPO
Headquarters
Jacksonville, Florida
Founded
1968
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Hybrid Work Options
Payments innovation often steals the spotlight from its less flashy cousin, payment advances. But beneath developments like artificial intelligence and real-time payments, bill presentment has quietly emerged as a critical component of financial institutions’ and billers’ strategies, playing an essential role in enhancing customer experience, streamlining operations and driving revenue growth. “When you look at what bill presentment can do, it really can help financial institutions, their clients and direct clients be able to collect faster,” Norman Marraccini, senior vice president of products and services at FIS, told PYMNTS
Word of mouth is a powerful force in B2B transactions. A company known for slow, cumbersome or error-prone payment processes can find its reputation tarnished, leading to customer churn and lost opportunities. Luxury retailer Saks, for example, missed hundreds of vendor payments and warned its suppliers last month that it may take months to get paid
Financial technology firm FIS has introduced a new AI-powered offering for treasurers. The company’s “Treasury GPT,” unveiled Monday (March 10), is an artificial intelligence (AI)-driven product support tool created in collaboration with Microsoft, using that company’s Microsoft Azure OpenAI Service. “Corporate treasurers have a major role to play in their organizations, but emerging risks and expanded responsibilities can create disharmony and disruption to their strategies and workflows,” JP James, head of treasury and risk at FIS, said in a news release
Financial technology firm FIS has introduced a new AI-powered offering for treasurers.
FIS® (NYSE: FIS), a global leader in financial technology, today announced the launch of FIS Treasury and Risk Manager – Treasury GPT, a proprietary generative AI-driven product support tool embedded within its FIS Treasury and Risk Manager – Integrity Edition (“Integrity”). In collaboration with Microsoft, the tool uses Microsoft Azure OpenAI Service for enhanced data and risk management, and quickly generates responses on queries pertaining to product usability, client configuration, policies and best practices for use of the solution.As the first such solution for FIS’ Treasury Management offerings and one of the first for the treasury management industry as a whole, the announcement underscores FIS’ commitment to unlocking efficiency and value for money in motion, providing treasurers with innovative tools to more efficiently manage risk, combat cost pressures and drive growth.“Corporate treasurers have a major role to play in their organizations, but emerging risks and expanded responsibilities can create disharmony and disruption to their strategies and workflows,” said JP James, head of Treasury and Risk at FIS. “In this fast-changing environment, having access to the best tools and innovations is what will keep corporate treasurers ahead of the curve. By launching Treasury GPT, we’re giving our customers a competitive edge that can unlock the power and capabilities of FIS solutions and steer their companies to growth.”Why Treasury GPT MattersAccording to PwC, 89% of CEOs using generative AI in their businesses say it will impact their business model in the next three years, illustrating the benefits that businesses are finding with the technology once put to use effectively. As a pioneering solution in the industry, Treasury GPT references product documentation and uses machine learning through Azure OpenAI Service to quickly provide FIS users with high-quality, informed guidance, enabling them to focus less on low-value administrative tasks and more on liquidity management and strategy.Notably, Treasury GPT also won the “Best Solution Innovation in AI” category at the 2025 Treasury Management International Awards for Innovation & Excellence.“As modern business management becomes increasingly complex, we continue to identify opportunities to help drive digital transformation for people, organizations, and industries around the world,” said Jacqueline O’Flanagan, head of Financial Services for the Americas at Microsoft. “Treasury GPT addresses a host of efficiency and workflow challenges for corporate treasurers and CFOs, and integrating with Microsoft Azure OpenAI Service empowers those leaders to drive growth and manage new risks.”“FIS has been hyper-focused on infusing their cutting-edge treasury applications with the very latest advanced technology like machine learning and generative artificial intelligence,” said Kevin Permenter, senior research director, Financial Applications at IDC, a leading global market intelligence firm