FIS® (NYSE: FIS), a global fintech heavyweight, has completed its acquisition of Chicago-based Amount, a provider of unified digital banking origination and decisioning solutions. The deal bolsters FIS’ digital-first offerings, allowing financial institutions to accelerate account opening, lending, and card issuance with AI-powered tools.

Amount, which has processed over 150 million new account applications, delivers a cloud-native platform that simplifies online account experiences for consumers and small businesses alike. Its AI-embedded solution provides seamless digital onboarding while ensuring compliance and fraud prevention.

Expanding FIS’ Money Lifecycle Solutions

The acquisition enhances FIS’ comprehensive suite of solutions across the full money lifecycle:

• At Rest: Simplifies account opening with secure, compliant processes
• In Motion: Speeds credit card issuance and payments with frictionless approvals
• At Work: Provides tools to increase efficiency, expand offerings, and optimize lending

Stephanie Ferris, CEO and president of FIS, emphasized the strategic fit: “Our investments have positioned FIS to lead the next generation of banking solutions. The Amount platform, integrated into FIS digital, core banking, and card systems, will help clients grow deposits, loans, and card portfolios efficiently and securely.”

Partnering Scale with Innovation

Adam Hughes, CEO of Amount, highlighted the benefits of joining FIS: “FIS provides global scale, robust infrastructure, and regulatory expertise that will allow us to strengthen our market offering and deliver seamless, innovative customer experiences.”

Industry analysts see the acquisition as a timely move. Stewart Watterson, strategic advisor at Datos Insights, noted, “By unifying digital origination and decisioning, FIS empowers financial institutions to accelerate growth, reduce friction, and deliver great customer experiences across deposits, lending, and card services.”

The Big Picture

With digital transformation accelerating in banking, FIS’ acquisition of Amount positions it to meet growing consumer and business expectations for fast, secure, and frictionless digital account experiences. The integration underscores a broader fintech trend: combining cloud-native, AI-driven platforms with global infrastructure to redefine how money moves and grows.