FIS forms alliance with Fuse for auto loan origination platform

Financial technology company FIS has announced a strategic alliance with Fuse to provide auto and equipment lenders in the United States and Canada with a cloud-native loan origination platform.

The partnership aims to address challenges facing indirect lenders, including captives, banks, and credit unions, who are dealing with legacy loan origination systems. According to the companies, these older systems create IT dependencies, slow decision-making processes for dealers, and make it difficult to implement modern credit strategies.

The Fuse platform will integrate with FIS Asset Finance and FIS AutoSuite to create an origination-to-servicing system. Built on cloud-native architecture, the platform allows lenders to update policies, pricing, and procedures without hard-coding or vendor intervention.

"Auto and equipment lenders have been working around their origination systems for years, patching integrations, managing manual exceptions, and watching deals slow down at exactly the moment dealers expect a fast answer," said Jo Wright, Head of Auto and Equipment Finance at FIS.

The platform includes an open API framework and self-serve API builder designed to simplify integrations across dealer channels, third-party data providers, and downstream servicing systems. The system provides real-time status visibility and self-service document submission for dealers.

Andres Klaric, Co-founder and Co-CEO at Fuse, stated that the alliance combines "FIS' scale and financial services expertise with Fuse's innovative origination technology."

FIS is headquartered in Jacksonville, Florida, and is a member of the Fortune 500 and Standard & Poor's 500 Index. The information is based on a press release statement from the companies.

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