FIS Instant Card Provides EMV-compliant Credit and Debit Cards Instantly,
from the Cloud
*FIS Instant Card is a secure, cloud-based, instant issuance solution for
EMV-compliant credit and debit cards.
*FIS Instant Card integrates EMV, core data and personalized images, and
synchronizes with central mail re-issues when cards expire, so customer
cards remain the same no matter the source.
*FIS Instant Card can be used by financial institutions to print cards for
new accounts or to offer immediate replacement of a card during an
emergency, and it requires no new software or hardware to be installed at
JACKSONVILLE, Fla. -- May 12, 2014
Supporting its focus to deliver innovative solutions, FIS™ (NYSE: FIS), the
world’s largest provider of banking and payments technology, consulting and
outsourcing solutions, today announced the launch of FIS Instant Card. FIS
Instant Card allows financial institutions to instantly issue ready-to-use
credit, debit or prepaid cards to customers or members in the branch or store
location. FIS developed Instant Card so banks and credit unions could easily
and affordably produce fully compliant EMV and mag-stripe cards when a
customer opens a new account or needs an emergency replacement card.
Utilizing a Private Cloud-based solution, FIS Instant Card requires no server
software or processing hardware to be installed or maintained at a financial
institution’s location. Instead, all server hardware, security modules, card
profiles, keys/encryption, EMV data preparation, PCI compliance and more are
fully managed by FIS. This gives financial institutions the ability to quickly
and affordably offer instant issuance to customers, and to easily expand to
additional locations as needed.
“FIS is creating the most complete instant issue solution on the market,
synchronizing in-branch and central fulfillment, while also fully integrating
EMV,” said Anthony Jabbour, EVP, FIS North American Financial Institutions.
“With FIS Instant Card, a bank or credit union can issue any card their
customer wants, anytime and anywhere they need it. This is another step in our
ongoing effort to help financial institutions enhance their customer
experience and deepen customer relationships.”
FIS Instant Card offers an array of flexible options to meet any financial
institution’s instant issuance needs, including flat print or embossed
personalization, blank or custom pre-printed card stock, edge-to-edge
four-color or monochrome print, EMV and mag-stripe encoding, PIN selection and
PIN change, as well as optional forms and PIN mailers. Financial institutions
also have the ability to deploy card issuance to all branches, selected
branches or a central location, as needed.
Fully-integrated with ePix^®, FIS Instant Card allows customers to select a
custom image for a card; It integrates with a financial institution’s core,
card management and EFT systems – making in-branch issuance a synchronized and
automated part of the overall card account opening and card activation process
and eliminating dual data entry. It also synchronizes with FIS central mail
fulfillment so that re-issues and other large card orders are handled via the
efficient, high-volume central process, ensuring any mailed replacement or
re-issue card fully matches the original card issued in the branch.
FIS is the world’s largest global provider dedicated to banking and payments
technologies. With a long history deeply rooted in the financial services
sector, FIS serves more than 14,000 institutions in over 110 countries.
Headquartered in Jacksonville, Fla., FIS employs more than 39,000 people
worldwide and holds leadership positions in payment processing and banking
solutions, providing software, services and outsourcing of the technology that
drives financial institutions. First in financial technology, FIS tops the
annual FinTech 100 list, is 434 on the Fortune 500 and is a member of Standard
& Poor’s 500^® Index. For more information about FIS, visit www.fisglobal.com.
Follow us on Facebook (facebook.com/FIStoday) and Twitter (@FISGlobal).
Statements in this release that are not historical are forward-looking
statements made pursuant to the safe harbor provisions of federal securities
laws. Any statements that refer to beliefs, expectations, projections or other
characterizations of future events or circumstances and other statements that
are not historical facts are forward-looking statements. Because such
statements are based on future economic performance and are not statements of
fact, actual results may differ materially from those projected. The risks and
uncertainties which forward-looking statements are subject to include, but are
not limited to changes in general economic, business and political conditions,
developmental and conversion delays inherent with new software products and
technology, and risks of reduction in revenue from the elimination of existing
and potential customers due to consolidation in or new laws or regulations
affecting the banking, retail and financial services industries, changes in
the growth rates of the markets for our solutions and other risks detailed in
the “Statement Regarding Forward-Looking Information,” “Risk Factors” and
other sections of the Company’s Annual Report on Form 10-K and other filings
with the Securities and Exchange Commission.
Other unknown or unpredictable factors also could have a material adverse
effect on our business, financial condition, results of operations and
prospects. Accordingly, readers should not place undue reliance on these
forward-looking statements. These forward-looking statements are inherently
subject to uncertainties, risks and changes in circumstances that are
difficult to predict. Except as required by applicable law or regulation, we
do not undertake (and expressly disclaim) any obligation and do not intend to
publicly update or review any of these forward-looking statements, whether as
a result of new information, future events or otherwise
Kim Snider, 904.438.6278
FIS Global Marketing and Communications
Nancy Murphy, 904.438.6192
Senior Vice President
FIS Investor Relations
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