The deal is an important step in Western Union's strategy to tap into consumer banking channels as it seeks to expand its North American footprint. Banks that take up the service will be connected to more than 334,000 Western Union Agent locations worldwide.

Anthony Ficarra, executive vice president, FIS eBusiness, says: "We see Western Union as a strong and strategic fit in providing our clients and their customers with the convenience of a well-established and strong Western Union Agent network to easily transfer money to family and friends."

The latest agreement comes two weeks after FIS announced a partnership with Yodlee and Western Union to offer online bill payment services to its network of banking clients.