Core Insights - Fidelity National Information Services, Inc. (FIS) is set to launch Smart Basket, a solution aimed at enhancing the checkout experience through real-time, item-level payment optimization [1][11] - Smart Basket will analyze individual shopping patterns to maximize savings and rewards for consumers by automatically applying the best payment methods and loyalty options [2][11] - The solution is expected to benefit retailers by improving sales conversion and customer experience through better payment method segmentation [3] Consumer Benefits - Smart Basket will support various payment sources, including healthcare spending accounts, eliminating the need for manual reward selections and paper coupons [2] - The tool aims to make shopping faster, easier, and more rewarding for consumers [2][11] Retailer and Brand Advantages - Retailers can expect improved sales conversion and enhanced customer experience through the Smart Basket platform [3] - The platform allows for segmentation of basket items for different payment forms, including loyalty points and flexible spending accounts [3][4] Financial Institutions' Empowerment - Financial institutions will be able to create tailored loyalty programs based on cardholders' spending patterns [4] - Smart Basket will support real-time payments and digital assets, potentially including fraud prevention capabilities in the future [4][5] Strategic Timing and Integration - The launch of Smart Basket is timely, addressing inefficiencies in the payment process that incur significant costs for organizations [5] - The solution integrates a real-time payments gateway, a loyalty platform, and advanced spend capabilities to enhance value [5][6] Revenue Growth Potential - The introduction of Smart Basket is expected to drive revenue growth for FIS, which reported a 5% year-over-year revenue increase in Q2 2025 [7] - FIS is committed to innovation through technology investments and strategic partnerships to enhance its offerings [8] Competitive Landscape - Other companies with strong payment solutions portfolios include Visa Inc., Mastercard Incorporated, and PayPal Holdings, each reporting significant year-over-year revenue growth [10][12][13][14]