Global financial technology provider FIS has enabled BMW Bank GmbH in Germany to accelerate deposit growth and enhance operational efficiency through a new deposits-as-a-service capability, which went live in the second quarter of 2025.
This solution, which leverages FIS K-CORE24 and FIS K-e-Banking, involved the transition of over 300,000 deposit accounts to the new technology. The implementation supports FIS’s strategy to deliver innovative embedded finance capabilities to banks, allowing them to integrate deposit accounts and associated services into their digital platforms.
Recent findings from FIS’s Harmony Gap report indicated that 54% of organizations identify operational efficiency as a primary source of tension in their business operations. This highlights a broader industry trend where financial service providers are seeking methods to streamline operations and effectively address areas of disharmony to foster business growth. This deployment with BMW Bank aims to help them provide more efficient financial transactions and customer service within their lending and deposits business, offering opportunities for growth and competitive advantage.
Specifically, the tailored deposits-as-a-service capability integrates FIS K-CORE24, a core-banking solution designed for German markets, with a revamped FIS K-e-Banking platform. The K-e-Banking platform is engineered to deliver a modern, secure, and user-friendly digital experience, incorporating features such as two-factor authentication and merchant functions that facilitate direct transaction processing between the bank and merchants.
Kanv Pandit, Head of International Banking and Payments Sales at FIS, commented on the partnership: “We’re delighted to partner with BMW Bank to help grow their deposits and lending business. Many businesses like BMW Bank are looking to streamline their operations to address disharmonies across the money lifecycle, and this project proves that technology solutions can truly elevate the full end-to-end banking experience.”
Stephan Cohnen, COO of BMW Bank GmbH, expressed satisfaction with the transition: “We’re extremely pleased with the transition to the FIS platform. With banking expectations across Germany rapidly changing, banks and other financial services providers are now looking for digital-first solutions. By partnering with FIS, we now have a solution which can help drive operational efficiency, help us achieve our deposit growth goals and exceed our customers’ expectations.”
