FIS has introduced Lyriq, a new platform that allows regulated banks to issue, manage, and settle digital money, including tokenized deposits and digital currencies, while keeping these deposits on their balance sheets. The platform integrates compliance, identity verification, and audit controls to meet regulatory standards and works with existing core banking systems from any provider. Lyriq supports 24/7 settlement with reliable transaction completion and is part of FIS's expanding digital assets portfolio, which also includes partnerships for stablecoin payments and loan tokenization. This innovation helps banks modernize operations and enhance control over digital money movements within a compliant framework.
