Full-Time
Posted on 3/13/2025
No salary listed
Mid, Senior
Company Does Not Provide H1B Sponsorship
Pune, Maharashtra, India
Company Size
10,001+
Company Stage
IPO
Headquarters
Jacksonville, Florida
Founded
1968
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Hybrid Work Options
Galileo tops Javelin's 2025 Digital Issuance Provider Scorecard; thales and FIS named Overall Leaders.
LOS ANGELES, March, 2025 (GLOBE NEWSWIRE) - FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global fintech market, today announced that FIS(R), a global leader in financial technology, has been selected as winner of the "Best Credit Card Payments Solution" award in the 9th annual FinTech Breakthrough Awards program.
Bill pay is a routine fact of life for consumers, but this everyday practice is often fraught with inconvenience, costs and risks. For the many companies that still rely on paper-based billing and payment methods, these processes are not only time-consuming and inefficient but also prone to errors that can damage a firm’s reputation and customer loyalty. Moreover, such legacy systems are particularly vulnerable to fraud, which can do irreparable harm to both payers and payees. Electronic bill presentment and payment (EBPP) systems are emerging as a must-have component of payments modernization for companies across the board. These automated systems reduce manual errors, accelerate billing cycles and improve cash flow predictability. They also enhance the customer experience by offering convenience, control and greater security
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