FIS Partners with Bilt to Launch Premium Payback Rewards at Checkout

FIS has announced that its Premium Payback solution will be integrated with Bilt's rewards program to allow Bilt Mastercard holders to redeem their Bilt Points directly at participating merchants' checkouts. This integration marks a new step in real-time rewards redemption, with a broader rollout planned for all eligible Bilt Members in Q3 2025.

The Premium Payback system enables cardholders to instantly use loyalty points during a transaction, offering immediate savings and eliminating the need for app downloads or delays. According to FIS, this can enhance the payment experience and deepen customer loyalty by connecting card issuers and merchants through a streamlined redemption process.

Bilt, launched in 2021, converts everyday neighborhood and housing-related spending into rewards. Through this partnership, Bilt members can expect expanded options to use their points for in-store purchases.

FIS notes that loyalty programs are increasingly important in today’s economic climate. According to a 2024 survey from Snappy, 76% of Americans are willing to spend more with brands that offer effective loyalty programs. FIS’s Premium Payback aims to meet these expectations by delivering seamless, point-of-sale rewards.

This new collaboration with Bilt adds to a series of recent wins for FIS’s Loyalty division and highlights its broader goal to innovate how the world pays, banks, and invests.

FIS Launches Securities Matching Platform to Boost U.S. Market Efficiency

FIS officially launched its Securities Finance Matching Platform in the U.S., following completion of its SEC filing process. This cloud-native, smart automation solution is designed to streamline the matching process for broker-dealers by identifying optimal matches between securities lenders and borrowers—prioritizing efficiency, cost-effectiveness, and risk management.

Originally introduced in the U.K. in 2024, the platform now provides U.S. broker-dealers with an alternative to existing systems, reducing single-point-of-failure risk in a vital sector of the capital markets. The system evaluates variables such as rebate rates, capital requirements, and counter-party patterns to deliver fast, low-cost match outcomes.

FIS Capital Markets head Nasser Khodri emphasized the platform's potential to reduce operational friction and support scaling trade volumes in the face of tighter margins. The platform is part of the broader FIS Securities Finance Suite and will be operated in the U.S. through FIS Brokerage & Securities Services LLC, a FINRA and SIPC member.

FIS WINS TWO AWARDS FOR INNOVATION IN TREASURY MANAGEMENT AT 2025 TMI AWARDS

FIS has earned two major honors at the 2025 Treasury Management International Innovation & Excellence Awards. The company received the "Best Cash & Treasury Management Solution" award for its Integrity Edition of Treasury and Risk Manager, and the "Solution Innovation in AI" award for its newly launched Treasury GPT tool.

The Integrity platform offers cloud-native technology that provides treasurers with real-time cash visibility and robust risk mitigation through integration with banking, trading, and business systems. Treasury GPT, developed in collaboration with Microsoft using Azure OpenAI Service, is the first generative AI tool specifically for treasury management, offering insights on system configuration, product use, and best practices.

The awards recognize FIS’ continued innovation in financial technology to help businesses effectively manage liquidity and adapt to modern challenges. According to PwC’s 2023 Global Treasury Survey, real-time visibility and accurate forecasting remain top priorities for treasurers and CFOs globally.

FIS is a Fortune 500 financial technology company based in Jacksonville, Florida, offering solutions that help clients manage payments, banking, and investment needs.