Sterling Bank Expands Mobile Banking Options with FIS Partnership

July 31, 2024         By: Brian Weidy

With the banking system rapidly moving from brick and mortar storefronts to the digital world, Sterling Bank, a subsidiary of Sterling Financial Corporation, is staying ahead of the curve by teaming up with FIS to develop their digital offerings.

Among the new services offered by Sterling Bank include mobile and eBanking, remote deposit capture and consumer prepaid solutions through their multi-year deal with FIS. This is an expansion of the relationship between Sterling Bank and FIS as previously the bank’s business customers were converted over to FIS’ business internet banking platform.

With FIS previously winning the 2013 BAI Payments Innovation Award, this expansion of the relationship between the mobile banking company and Sterling Bank seems to be a no-brainer for both companies as they seek to stay on top of this incredibly competitive market.

By expanding into the mobile, tablet and online markets and through their partnership with one of the foremost companies in the field of digital banking, Sterling Bank looks to the Internet as a place where the bank can grow.

Currently, the bank operates branches in Washington, Oregon, Idaho and California. By partnering with FIS, which currently serves more than 14,000 institutions in over 100 countries, Sterling can expand out of the West Coast and grow their already sizable assets.

As banks continue to search for ways to expand, partnerships such as this one are a prime example of an increasing number of companies creating or expanding their mobile offerings in order to achieve their growth goals.