Developers at Fidelity National Information Services say the speed and open nature the bank technology provider's latest product will promote greater adoption of person-to-person payments.

FIS People Pay is a bank-branded P2P platform that utilizes the Jacksonville, Fla.-based company's PayNet payment network to process transactions. The multichannel network connects to banks' core systems to provide a direct link to deposit accounts and facilitate real-time funds transfers.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry