FIS Announces Bitcoin Bank Account Technology

Financial technology leader and DCA Member company FIS introduced a solution that lets banks offer customers the ability to buy, sell and hold bitcoin in their ordinary bank account. FIS is partnering with bitcoin technology and investment platform provider NYDIG.

Demand for bitcoin continues to grow. Until now, consumers have had to work with unregulated entities to manage their bitcoin currency. The new FIS solution enables traditional banks to provide bitcoin services with a seamless, easy-to-use digital experience. So customers get the services they want and need from the bank they know and trust, while banks can retain existing customers and drive new business. It’s a win-win proposition.