This post was originally published on The FinTech Times
FIS has completed its $13.5billion acquisition of Global Payments’ Issuer Solutions business (formerly TSYS), a deal it has immediately leveraged to launch a new “agentic commerce” offering for banks.
The fintech giant confirmed the close of the transaction on 12 January 2026, positioning the integration as a catalyst for its new AI-driven capabilities.
Leading the agentic commerce shift
Stephanie Ferris, CEO and president of FIS
Following the acquisition, FIS unveiled its new agentic commerce solution, designed to allow banks to safely conduct transactions mediated by AI agents. This emerging form of commerce involves AI acting as a personal digital assistant—sourcing, negotiating, and completing purchases on a consumer’s behalf.
FIS cites McKinsey forecasts predicting that agentic commerce could generate up to $1trillion in orchestrated US retail revenue by 2030, and potentially $3trillion to $5trillion globally.
The new offering aims to keep banks “top of wallet” by ensuring they remain central to this transactional flow. The system allows financial institutions to use “Know Your Agent” (KYA) data to securely authorize AI-initiated payments, enhancing fraud protection while reducing chargebacks and false declines.
Stephanie Ferris, CEO and president of FIS, commented: “FIS has
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