Paymentology And Tuum Join Forces For Global Card Management Solutions
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Tuum, a prominent next-generation core banking provider, and Paymentology, a leading global issuer-processor, have formed a strategic partnership. They aim to introduce an all-encompassing, pre-integrated solution for card payment processing. They will also provide core ledger services designed specifically for the European and Middle Eastern markets.
With a shared goal of reshaping the financial service industry, Paymentology and Tuum have collaboratively created these pioneering solutions to smoothly integrate and enable banks and fintech clients to meet the continuously changing needs of modern-day customers.
This alliance merges Paymentology’s advanced card issuing and processing platform with Tuum’s innovative Card Management System, filling a significant void in financial service.
The partnership simplifies and accelerates the process of introducing new financial products
Tuum will leverage Paymentology’s extensive knowledge in card processing and issuance in various regions. Its clients can immediately obtain entry to a worldwide gateway for efficient card administration and payment processing.
The Partnership Will Simplify Processes For Businesses
Traditional approaches usually demand complex and expensive customization for introducing fresh financial products. The Paymentology and Tuum proposal simplifies and advances the innovation process for business users.
It will enable them to introduce new offerings to the market swiftly. The procedure secures a competitive edge while avoiding continuous expenses linked to frequent alterations and burdens in upfront investment.
The Global Head of Ecosystem Partnerships at Paymentology, David Oppenheim, expressed his enthusiasm for the partnership with Tuum.
He conveyed that the coalition will provide joint clients with the capability to rapidly introduce and enhance card-linked financial products. This will result in lower investment costs and reduced expenses associated with changes. It will also facilitate cost-effective innovation, acquiring market share within their regions.
Jean Souto, the Global Leader of Strategic Corporations at Tuum, expressed his excitement about the partnership. He emphasized its significance for expanding into the Middle East market.
The team highlighted the collaboration with Paymentology and its regional expertise, aiming to provide their clients with innovative and seamless financial solutions.
Tuum Wants To Revolutionize The Financial Services Sector
By merging Tuum’s reliable and secure core banking foundation with pre-established integration, enterprises can create customized card programs and manage the entire card lifecycle via their native CMS User Interface.
The incorporation enables mutual customers to differentiate themselves from competitors, deliver outstanding financial experiences, and drive innovation.
Additionally, the strategic partnership between Paymentology and Tuum is set to revolutionize the financial services sector in Europe and the Middle East. Their innovative, integrated solutions empower businesses to swiftly adapt to evolving consumer demands while minimizing costs.
This collaboration signifies a promising future for banking and fintech, offering global access to streamlined card management and payment processing solutions.
