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FIS, Barclays extend core banking tie
FIS and Barclays have extended their core banking technology contract, which began in 2012. As part of this extension, FIS will continue providing its services and integrate a new solution, “Profile,” designed to help Barclays manage deposits, accounts, and balances with real-time and multi-currency processing. This move supports Barclays’ retail deposit growth ambitions and aligns with FIS’s strategy to focus on large banks with significant assets.