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M&T upgrades as banks seek closer ties to corporate clients

M&T Bank partners with FIS to embed payment and banking tools directly into the software platforms retailers use to run their daily operations.

M&T Bank is rolling out new embedded banking technology that integrates financial services directly into the software businesses use every day. By partnering with FIS, the bank is moving away from standalone banking portals. Instead, they are placing payment processing and credit tools inside ERP and business management systems. For retailers and operators, this means the 'plumbing' of your business—like handling incoming customer payments and managing cash flow—becomes automated within your existing workflows. This shift is part of a larger trend where banks are trying to become invisible but essential partners. Rather than logging into a separate bank website to check on financing disbursements or initiate vendor payments, these functions happen automatically within your point-of-sale or accounting software. For a merchant, this reduces manual data entry and speeds up the time it takes to see funds from consumer financing transactions hit your operating account. It also signals that traditional banks are finally catching up to fintechs by offering seamless, API-driven integrations that make managing business capital much simpler.

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