FIS launches digital money platform for banks
29 April 2026 US
Image: Who_is_Danny/stock.adobe.com
FIS, a provider of fintech solutions, has announced Lyriq, a platform for banks to issue, manage, and settle their own digital money.
The platform also offers support for tokenised deposits and digital currencies, with deposits remaining on bank balance sheets, and enables banks to connect to existing systems, irrespective of core banking provider.
FIS's initial use cases for Lyriq will see it enable domestic tokenised deposits and international financial institutions for digital euro services.
The platform will also offer integrations for Central Bank Digital Currency (CBDC) programmes in EMEA and APAC, with ISO 20022 support for global digital money initiatives.
FIS says its platform is designed for regulated financial institutions, designed to meet bank and regulatory requirements, with embedded compliance, identity verification, and audit controls.
The firm says Lyriq completed seven proofs of concept with financial institutions and supported multiple CBDC projects, with one now at the pre-production stage.
Speaking on the launch, Jim Johnson, co-president of Banking Solutions at FIS, says: “Lyriq is production-ready infrastructure that, combined with our deep expertise in integrating bank technology, puts banks in control of money in motion.”
Alberto Corvo, managing director and partner at Alvarez & Marsal, adds: “Banks need infrastructure with strong governance, identity controls, auditability, and resilience built in from the start, so money can move at digital speed without compromising safety.”
The platform also offers support for tokenised deposits and digital currencies, with deposits remaining on bank balance sheets, and enables banks to connect to existing systems, irrespective of core banking provider.
FIS's initial use cases for Lyriq will see it enable domestic tokenised deposits and international financial institutions for digital euro services.
The platform will also offer integrations for Central Bank Digital Currency (CBDC) programmes in EMEA and APAC, with ISO 20022 support for global digital money initiatives.
FIS says its platform is designed for regulated financial institutions, designed to meet bank and regulatory requirements, with embedded compliance, identity verification, and audit controls.
The firm says Lyriq completed seven proofs of concept with financial institutions and supported multiple CBDC projects, with one now at the pre-production stage.
Speaking on the launch, Jim Johnson, co-president of Banking Solutions at FIS, says: “Lyriq is production-ready infrastructure that, combined with our deep expertise in integrating bank technology, puts banks in control of money in motion.”
Alberto Corvo, managing director and partner at Alvarez & Marsal, adds: “Banks need infrastructure with strong governance, identity controls, auditability, and resilience built in from the start, so money can move at digital speed without compromising safety.”
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