
FIS has partnered with Ericsson to integrate its payments and issuing capabilities with Ericsson's Fintech Platform, aiming to accelerate the deployment of wallet-led financial services. This collaboration will help clients offer consumers easier and faster access to digital wallets by simplifying infrastructure and integration challenges. Ericsson's platform already processes $80 billion monthly across 24 countries, providing key fintech services like digital identity and ledger capabilities. The partnership positions both companies to lead in the growing digital wallet and mobile payments market globally.