Lyriq is a platform that enables banks to issue, manage, and settle digital money, including tokenized deposits and digital currencies, while maintaining deposits on their own balance sheets. By launching a crypto and blockchain infrastructure, Lyriq helps banks compete with stablecoins and crypto-native payment systems without losing control of deposit relationships. This approach positions FIS as an infrastructure provider for bank-led digital money, rather than as a competitor to traditional financial institutions.
FIS Introduces Lyriq Platform Enabling Banks to Issue, Manage, and Settle Their Own Digital Money