FIS Launches Lyriq Platform for Banks to Issue Tokenized Deposits

FIS announced Lyriq on Apr 29, 2026, a platform built for regulated financial institutions to issue, manage, and settle tokenized deposits and digital currencies. The platform keeps digital assets on issuing bank balance sheets, preserving lending capacity. Lyriq integrates with existing core banking systems regardless of provider and supports around-the-clock settlement with guaranteed finality: transactions complete fully or fail cleanly.

Compliance controls, identity verification, and audit trails are embedded in the core infrastructure. FIS has completed seven digital currency proof-of-concepts with financial institutions and supported multiple central bank digital currency programs globally, with one advancing to pre-production. Initial focus areas include domestic tokenized deposits, digital euro services, and CBDC integrations in EMEA and APAC with ISO 20022 support.