BankSouth Selects FIS® Core Banking Platform to Modernize Operations and Unlock AI Readiness

Key Terms

open API technical

An open API is a publicly available set of rules that lets other software, developers or services connect to a company’s systems—think of it as a standard electrical outlet that lets many different devices plug in and work. For investors, open APIs can speed product adoption, create new revenue streams through partnerships and third-party apps, and signal scalable growth, while also raising considerations about security, control and competitive risks.

predictive analytics technical

Predictive analytics uses historical data and patterns to estimate future outcomes, like sales, customer behavior, or operational problems. For investors it matters because it turns past signals into probable forecasts—similar to a weather forecast or traffic app—helping assess potential risks, spot opportunities, and prioritize where to allocate capital, while remembering that predictions carry uncertainty and are not guarantees.

non-interest income financial

Non-interest income is the money a bank or financial company earns from activities other than charging interest on loans, such as service fees, account charges, trading gains, and income from managing client investments. For investors, it matters because it diversifies a firm’s revenue stream—like a store that sells both products and offers repair services—making profits less tied to lending rates and helping stability when interest-driven income falls.

AI-based fraud detection technical

AI-based fraud detection uses computer programs that learn patterns of normal behavior to spot suspicious or dishonest activity in financial transactions, reports, or accounts — like a security guard who watches crowds and flags anything out of the ordinary. For investors, it matters because stronger detection can reduce losses, protect revenue and reputation, and signal that a company has better controls and lower regulatory or operational risk, which can affect valuation and confidence.

Key Facts:

• BankSouth, a community bank with $1.6 billion in assets under management, has selected FIS as its core banking platform provider to power its retail and business banking businesses.
• The agreement will enable BankSouth to accelerate integration with existing partners and reduce time-to-market for new fintech partnerships from months to weeks.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS® (NYSE: FIS), a global leader in financial technology, today announced that BankSouth, a top-performing community bank in Georgia, has selected FIS to power its retail and business banking businesses.

BankSouth's decision to replace its existing core platform was driven by the bank’s need to better serve its customers by integrating AI capabilities and third-party fintech solutions more rapidly. The bank sought a technology partner that could scale with its ambitions, enable faster innovation, and support modern API-based integrations.

"BankSouth’s growth ambitions align perfectly with what FIS can deliver," said Andrew Beatty, Head of Global Cores, FIS. "With strong data capabilities and a future-ready architecture, FIS gives BankSouth the scalability and speed to innovate with confidence. We’re proud to support BankSouth in this next phase of its modernization journey, helping the bank manage the full money lifecycle on an integrated platform while unlocking new opportunities to serve its customers with excellence."

As the center of a fully connected financial ecosystem, FIS gives BankSouth access to:

• FIS Code Connect, an open API platform that simplifies integrations and enables speed to market with innovative technologies
• Advanced payments and card capabilities, including disputes, digital card functionality, and tools to help drive non-interest income
• Enhanced fraud protection, utilizing predictive analytics to identify and prevent threats before they occur
• Standardized data feeds, enabling BankSouth to more seamlessly implement AI-based fraud detection applications, personalized product recommendations, and enhance back-office automation

"Even as the pace of technological change ramps up, personal relationships remain at the heart of community banking," said Harold Reynolds, President and CEO, BankSouth. "FIS gives us seamless connectivity to the fintech partners we need, and their data strategy and commitment to data-driven banking set them apart. That, combined with their payments depth, innovation and genuine focus on client success, positions us to implement a real AI strategy — one that makes our consumer customers' lives easier and keeps our business customers competitive and responsive as commerce rapidly evolves."

About FIS

FIS is a financial technology company providing solutions to financial institutions and businesses. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Fla., FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260520092166/en/

For more information
Nicole Alley, 904.438.6278
Vice President
FIS Global Marketing and Communications
Nicole.Alley@fisglobal.com

Lauren Pozmanter, 631.827.7963
US & Corporate PR Lead
FIS Global Marketing and Communications
Lauren.Pozmanter@fisglobal.com

Source: Fidelity National Information Services