CNH Industrial Capital America (CNH), the captive finance company for capital goods provider CNH Industrial America, has selected FIS’s asset finance solution for managing its commercial contract and lease portfolio, reports Antony Peyton of Banking Technology (Finovate’s sister publication).

According to FIS, CNH was looking to consolidate management of its disparate commercial contract and lease portfolios on a single integrated platform.

Brett Davis, president, CNH Industrial Capital America, said the solution provides a “new level of configuration, automation and advanced integration capabilities for managing our business.”

By selecting the solution, CNH will get an integrated view of customer and dealer information, “enhancing its decision-making while simplifying accounting and tax reporting, managing regulatory compliance and reducing costs.”

At FinovateFall 2016, FIS demonstrated how it was extending Cardless Cash solution to enable mobile banking customers to pre-order funds and withdraw cash at participating banks and ATMs in more than 70,000 location in the U.S.

In March, FIS was recognized for Best In-Class Wealth Management Outsourcing in the 2018 Family Wealth Report Awards. The company also picked up 15 Stevie Awards in the 2018 American Business Awards for Sales & Customer Service last month,

With more than 20,000 clients in more than 130 countries, FIS is a global financial services technology company with more than 57,000 employed around the world. The company is headquartered in Jacksonville, Florida, and was founded in 1968.