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May 20, 2026PartnershipUS

BankSouth Selects FIS Core Banking Platform to Modernize Operations

BankSouth selected FIS as its core banking platform provider on May 20, 2026, replacing its existing core system. The Georgia-based community bank manages $1.6 billion in assets. Under the agreement, FIS will power BankSouth's retail and business banking operations.

BankSouth cited the need for faster integration with third-party fintech partners, aiming to cut onboarding timelines from months to weeks. FIS will provide its Code Connect open API platform, advanced payments and card capabilities, fraud protection tools, and standardized data feeds. The data infrastructure is designed to support AI-based fraud detection, personalized product recommendations, and back-office automation.

Financial terms were not disclosed.

Entities

BankSouthBank FISBaaS Provider

Implications

Regional banks increasingly relying on major fintech vendors like FIS to modernize infrastructure and enable BaaS connectivity
API-first core banking upgrades pave the way for embedded finance partnerships at community banks

Tags

Accounts Payments US B2C B2B SME

Sources

PressBusiness Wire — May 2026

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