FIS Accounting Data as a Service, formerly known as Railz, is a powerful financial data API designed to transform how financial institutions, fintechs, and developers interact with critical financial information. It provides imperative real-time access to accounting, banking, and e-commerce data, acting as a central hub for connecting, collecting, normalizing, and analyzing financial insights. For financial institutions, this service enables better support for business customers by automating data gathering, eliminating manual entry, and providing holistic customer data for personalized solutions and impactful decision-making. Fintechs benefit from streamlined setup processes, allowing for rapid integration with minimal code and quick product launches. Developers gain access to comprehensive, developer-centric documentation, sandbox environments, and sample data, facilitating rapid banking, commerce, and accounting software integration while reducing development time and simplifying testing. The platform connects to major accounting, banking, and e-commerce platforms, offering fast access to normalized and analyzed financial data for small and midsize customers. It equips businesses with tools for effective decision-making, including the ability to deliver detailed business credit scores, automate payment processes, and assess creditworthiness. FIS is continuously enhancing the service, focusing on building a vast financial data network, simplifying API logs for easier monitoring, and expanding ERP bank account coverage to streamline integrations, thereby shaping the next generation of data-powered financial services.

Features & Benefits

• Real-time Financial Data Access
  • Provides immediate access to normalized and analyzed financial data from diverse sources.
  • Connect to major accounting, banking, and e-commerce platforms
  • Collect, Normalize, and Analyze data
• Automated Data Gathering
  • Eliminates manual entry and paperwork, supporting financial institutions in making data-driven decisions.
• Rapid Integration for Fintechs
  • Streamlines the setup process, enabling quick API integration and product launches with minimal code.
• Developer-Centric Tools
  • Offers comprehensive resources for efficient application development and integration.
  • Developer-centric documentation
  • Sandbox environments and sample data for simpler testing
  • Reduced development time for banking, commerce, and accounting software integration
• Enhanced Business Decision-Making
  • Delivers critical insights for creditworthiness assessments and payment automation.
  • Detailed business credit scores
  • Automated payment processes
  • Informed decisions about creditworthiness
• Flexible Pricing Models
  • Accommodates various business needs and growth stages.
• Freemium:
  • Lifetime sandbox testing and production access for up to five connected businesses.
• Pay as you go:
  • Monthly platform fee with charges per connected business.
• Enterprise:
  • Personalized solution with dedicated support and volume pricing.
• Continuous Platform Evolution
  • Committed to expanding capabilities and improving user experience.
  • Simplifying API logs for easier monitoring
  • Expanding ERP bank account coverage and support