FIS launches a new platform that helps U.S. banks bring accounts, payments, and financial tools directly into everyday business software
Jacksonville, Florida, 4 September 2026 – For many businesses, banking is still something they have to step away from their daily workflow to manage. They open a separate banking portal, move between applications, check payments, manage expenses, and then return to the software they use to run the business. FIS is looking to make that process much simpler.
The financial technology company has launched its FIS Embedded Banking Platform, designed specifically for U.S. banks. The platform allows banks to provide services such as account opening, card issuing, accounts receivable, accounts payable, and expense management directly within the accounting and business software their corporate customers already use.
The idea is straightforward. Instead of asking a business customer to leave its familiar software and open a separate banking application, financial services can become part of the same digital experience. A business could manage its financial activity while continuing to work within the tools it already relies on every day.
FIS says banks can connect their services through APIs, software development kits, embeddable widgets, or white-labeled applications. Banks can also partner with software providers or fintech companies to bring these capabilities to specific industries and business workflows.
An important part of the platform is that customer accounts remain on the bank’s own balance sheet. This means banks retain ownership of the customer relationship and regulatory control, while the software partner manages the user experience and FIS provides the underlying technology infrastructure.
The platform is initially being piloted with Cogent Bank, Commercial Bank of California, and M&T Bank, with account and payment capabilities planned for the fourth quarter of 2026.
The launch reflects a wider change in financial services. Banking is increasingly becoming something customers expect to access wherever they conduct business, rather than only through a traditional bank website or mobile application.
For banks, this shift offers another way to stay connected with business customers. For businesses, it could mean fewer applications, fewer interruptions, and a more connected way to manage money.
As embedded finance continues to develop, the bigger story may be simple: the future of banking could be less about where customers go to bank and more about banking being available wherever they already work.
