FSS

Financial Software and Systems (FSS) is a globally leading provider of payment products and a payment processor.

[FSS @fsstech]

We are proud to announce the successful completion of a landmark cloud transformation initiative across the Middle East to a sovereign, enterprise-grade private cloud.

With this, we have fundamentally modernized its regional hosting infrastructure. https://t.co/gDzRaEQ5AK

[FSS @fsstech]

The pressures on traditional reconciliation are amplified by India’s rapid payments growth & tightening regulatory expectations.

The reconciliation function in Indian banking and payments has evolved to a strategic risk-control & trust-building function. https://t.co/zT2IkiC3io

[FSS @fsstech]

Read our latest article to deep dive into the capabilities of modern reconciliation solutions, their measurable benefits for the Indian banking and payments sectors and the regulatory trends shaping the next decade of financial operations in India. https://t.co/BXT3TkUz6o

[FSS @fsstech]

Unlike OTPs or PINs, biometric verification is fast, secure & easy.

In this article, Vishal Maru writes how combining advanced biometrics with our digital payment infrastructure can create a trusted, fast & payment ecosystem. https://t.co/t7Fc4U0FzI

[FSS @fsstech]

Platform technology is enabling frictionless innovation, which is causing a revolution in the payments environment.

Payment processors that are willing to accept platform-based solutions will be in a strong position to prosper in the payments ecosystem, which is both dynamic and competitive.

Read more here: https://t.co/sxV2XdwjXq

[FSS @fsstech]

Today, on AI Appreciation Day, we’re not just celebrating AI. We’re making a promise.

Earlier this month, FSS launched Smart Recon Chargeback AI - a breakthrough that’s already being recognized as one of the smartest applications of AI in fintech. But for us, that wasn’t the finish line. It was the starting point.

Exactly one month from now, on August 15, we’re taking a leap forward.

We're building a new foundation for payments technology - powered by AI agents, feature intelligence, composable logic, and modular control planes. It’s a smarter, faster, and fundamentally more intelligent way to build the payment stack.

And it's not just innovation for the sake of it. The entire industry is shifting.

AI is becoming core to real-time decisioning, allowing for predictive fraud prevention, dynamic risk scoring, and contextual approvals.

Feature modeling and AI-driven orchestration are reducing time-to-market, enabling teams to configure, not code.

Composable architecture is replacing monoliths, letting businesses adapt fast while maintaining control.

Human-aware systems are emerging - AI that doesn't just automate, but understands the flows and frictions of digital commerce.

At FSS, we’ve been listening, learning, and building. Now, we’re ready to lead.

Our upcoming launch will reflect where the future of payments is headed - not just as a product, but as a platform, a method, and a movement.

We believe that AI is not a layer to be added. It’s a principle to build with.
Join us as we unveil what’s next.

August 15. It changes everything.

#AIAppreciationDay #AI #Payments

[FSS @fsstech]

According to a recent note published by the International Monetary Fund (IMF), India has emerged as the global leader in fast payments, driven by the widespread adoption of the Unified Payments Interface (UPI).

Since its launch in 2016, UPI has grown quickly, while some proxies for cash usage have begun to decline. UPI now processes more than 18 billion transactions per month and dominates other electronic retail payments in India, the note said.

Read more about this and UPI's continuing global odyssey in the latest issue of Payments Watch.

On LinkedIn: https://t.co/vYNAb1dxPF

On Substack: https://t.co/EQy60xT08z

[FSS @fsstech]

Payment platforms create a powerful engine for economies of scale in the payments industry.

They empower financial institutions and businesses to leverage shared resources, optimize transaction routing, streamline processes, expand globally and foster innovation.

This ultimately leading to reduced costs, increased efficiency and accelerated growth in the rapidly evolving digital payments landscape.

Read more about how platform technology can help banks and businesses achieve economies of scale. https://t.co/EDUzEikAbt

[FSS @fsstech]

Is your bank held back by outdated, rigid core systems that can’t keep pace with modern demands?

In today’s world, speed, scale, and trust are not optional - they are the minimum. And to meet them head-on, you need a tech stack that’s not just upgraded, but reimagined.

FSS BLAZE is that answer.
Designed for banks and financial institutions looking to break free from legacy limitations, FSS BLAZE offers a microservices-native, cloud-ready, and AI-augmented platform built for continuous innovation and high-velocity product delivery.

With FSS BLAZE, you gain:
>> Infinite scalability to handle growing transaction volumes and new digital experiences
>> Low-code development tools to rapidly build and iterate products without overloading your IT teams
>> Domain-driven design that aligns technology with business logic and customer needs
>> Built-in AI capabilities for real-time decisioning, automation, and personalization
>> Composable architecture that lets you plug and play new features without disruption

The result? A future-ready foundation that empowers your teams, reduces operational complexity, and accelerates time-to-market across cards, payments, lending, and core banking.

Legacy systems weren’t built for this era. FSS BLAZE is. Take control of your bank’s digital transformation with a platform trusted by leading banks and processors across the globe.

Ready to modernize your core? Let’s talk. https://t.co/kTHLkKHvaH

[FSS @fsstech]

Rain or shine. Summer heat or winter frost.
ATMs stand quietly, reliably — ready when you need them most.

This World ATM Day, we celebrate the unsung frontline of financial access.

Always there. Always on.

[FSS @fsstech]

Chargebacks were eating up time, effort, and patience. So, we built something smarter.

When ops teams across banks told us how painful exception handling had become, long email threads, scattered attachments, manual classification, we listened.

In this video, Srinivas Mate from our team shares why we built Chargeback AI as part of the Smart Recon platform and what it really changes for financial operations.

Built on COSMOS AI, it reads emails, extracts insights, classifies disputes, and routes exceptions - all in seconds.

-60% faster resolutions
-70% less manual effort
-Real intelligence, where it’s needed most

Watch the video to see how it works.

#FSS #SmartRecon #ChargebackAI

[FSS @fsstech]

Big win for FSS!

We are proud to share that Mr. Vaidyanathan V, Global Digital Head at FSS, has been honoured with the "Ultimate CDO of the Year – Banking & Financial Services" award at the INDIA GCC CONNECT Awards.

This recognition celebrates his outstanding contributions to digital innovation and transformation in the fintech space.

Congratulations!

[FSS @fsstech]

Will they, won't they?

The question remains - Will the government make UPI transactions chargeable for businesses?

The payments industry has been grappling with this question for a long time now. And it keeps getting mixed signals from the government.

What do you think? Should UPI become chargeable, at least for large merchants?

Read more about this in the latest issue of Payments Watch.

On LinkedIn: https://t.co/ntX7tJni0G

On Substack: https://t.co/z3doxunOsz

[FSS @fsstech]

"Less than 20 per cent of AI startups in India transition from pilot to production, held back by challenges like limited access to compute infrastructure, fragmented data ecosystems and the complexity of enterprise integration," says Rishi Verma, Head – AI Centre of Excellence, FSS, to @EntrepreneurIND

Read more here: https://t.co/kmCevqt6K6

[FSS @fsstech]

What is UPI 3.0?
- It's a plan for digital public infrastructure for policymakers and regulators
- It’s a call for banks and other financial institutions to come up with new ideas faster, work together better and create solutions that are more tailored to each customer
- it’s a chance for brands to make the checkout process as smooth as possible
- It’s about giving consumers the power to do things like borrow money, make purchases and manage their money in the most natural way imaginable

Intrigued? Read more on FSS Knowledge Hub. https://t.co/IWIe3u4UZr

[FSS @fsstech]

Design is where innovation meets usability.

Meet Prabhu Shanmuga Sundaram, Tech Lead from our Delivery team, who leads UI/UX and front-end development for FSS.

From simplifying complex digital payment flows to crafting intuitive, high-performance interfaces, Prabhu is at the forefront of creating seamless user experiences that deliver real impact.

His work ensures that our platforms aren’t just functional - they’re future-ready, user-centric, and built to scale with evolving needs.

Driven by people. Defined by purpose.

#WithAPurpose is our way of spotlighting the people behind FSS - from HR to tech, operations to innovation - each one bringing meaning to the work they do.

Because when purpose drives us, progress follows.

#WithAPurpose #LifeAtFSS #FSSFridays #FSS

[FIAKS @fiaks4knowledge]

Welcome Note by #FIAKS Founders at the 6th Edition of the FIAKS Leadership Conclave (FLC) 2025
https://t.co/F1Aj7GLyVv

[FSS @fsstech]

The wait ends now!

Introducing FSS BLAZE™ Studio, now open to developers. Start building here: https://t.co/bSG8pvy5fZ

For years, building payment apps inside banks felt like trying to run in wet concrete.

Developers were buried under legacy systems, endless compliance checks, brittle integrations, and a mountain of custom code. Every new use case meant starting over. Every release was a battle. Great ideas? Slowed down. So we asked ourselves: What if developers had a faster way to build payment logic, without compromising security, scale, or control? That’s how FSS BLAZE™ Studio was born.

We worked side-by-side with banking teams, dissecting real-world complexities:
- fragmented journeys
- siloed payment products and modules
- rigid, unscalable architectures
- lack of visibility into what’s working and what’s not
- inability to scale development efforts

Then we reimagined the development experience:
- Drag-and-drop flow builder
- Domain-driven logic blocks
- Reusable components
- Built-in testing and deployment
- Security compliance by design

Today, FSS BLAZE™ Studio is in your hands. It’s not just a low-code builder. It’s a full-stack payment design environment.

For every developer who’s ever said: "I have a better way to do this, if only I had the tools" - this is your moment. Your ideas. Our engine. Build faster, smarter, and in control.

Sign up now. https://t.co/bSG8pvy5fZ

[FSS @fsstech]

One of the most complex banking processes is reconciliation, and AI can help simplify it!

FSS Smart Recon is now smarter with an intelligent, automated system designed to streamline and accelerate chargeback dispute workflows for financial institutions and reduce the overall human or operations tasks. This AI powered solution leverages cutting-edge Natural Language Processing (NLP), Machine Learning (ML), and Optical Character Recognition (OCR) technologies to analyze incoming emails, extract critical data, and automate dispute resolution processes.

• Automates the handling of dispute-related emails and attachments.
• Extracts and validates transaction data, amounts, and supporting evidence.
• Enables seamless integration into existing systems for end-to-end workflow automation.

Scan below to know how it works!

Read more about FSS Smart Recon here. https://t.co/vXZzS85BNL

[FSS @fsstech]

As digital payments surge in the Philippines, so do reconciliation challenges.

Stay ahead with FSS Smart Recon – the intelligent solution that simplifies complex transaction reconciliations across QR, PoS, Cards, RTP, and digital wallets.
✅ Boost accuracy
✅ Reduce manual errors
✅ Achieve faster settlements

Now smarter with AI. Read more here: https://t.co/vXZzS869Dj