GENEVA, Switzerland – March 12, 2020 – Temenos (SIX: TEMN), the banking software company, today announced that TAS Group, a global provider of digital payments software, has joined the Temenos MarketPlace. With the addition of CARD 3.0 IE, Temenos clients can leverage a flexible, modular and scalable card issuing, acquiring and processing platform that can be deployed either on-premise or on the cloud. Card 3.0 IE enables banks to intelligently manage the entire card and digital payments value chain, including physical and virtual card issuance, card & PIN production, transaction processing, Apple and Google payments and payment analytics.
The Temenos Marketplace mission is to help banks find and connect with innovative fintech solutions from around the world in order to better meet customer needs. Through this ecosystem of incubators, banks and fintechs, Temenos accelerates innovation by giving new fintech solutions the exposure they need to financial institutions of every size. The addition of this powerful end-to-end card payment platform to Temenos MarketPlace enables banks to deliver a complete digital and mobile payment user experience, whether they are a digital-first challenger looking for a swift and easy deployment and short time to market, or an established player seeking to embrace digital transformation and keep pace with customer expectations.
A rich set of advanced open APIs allows banks to swiftly design and configure new digital payments solutions, tailor new user experiences and create added-value solutions. CARD 3.0 IE leverages state-of-the art technology including modern features like mobile banking, multiple accounts, multi-currency, wallets, remote and more. On the acquiring side, CARD 3.0 IE enables banks to easily manage ATMs, EFT-POS terminals and ecommerce, as well as manage merchants, card fraud, and disputes.
Peter Caiazzi, Senior Vice President of Product Development, TAS Group said:
“We are excited to join the Temenos MarketPlace community for fintech providers to help banks better serve their customers. By adding our flagship card and digital payments platform to their banking ecosystem, their clients have access to a comprehensive offering of integrated products and services “under one roof”. Having already integrated with Temenos Transact in several live installations around the world, we are really looking forward to building upon this excellent collaboration.
A major advantage of the Temenos Marketplace model and being integrated with Temenos Transact is that Card 3.0 IE can be implemented at an accelerated pace. This integrated, cloud-based approach creates a huge reduction in implementation, testing and maintenance effort and cost, especially when compared with outdated siloed legacy systems, and provides a more agile framework.”
Paul Roberts, MarketPlace Director, Temenos, added:
“We continue to expand the diverse set of complementary solutions available on Temenos MarketPlace. Our clients can leverage over 60 solutions on Temenos MarketPlace to innovate, differentiate and maximize the value from their investment in Temenos Software. Cards is a key area for retail and SME banking, so we’re delighted to welcome TAS Group and its comprehensively featured card management platform to the Temenos community. With Card 3.0 IE, our clients and their card processes will benefit from the ability to quickly configure and release new products to market, while minimizing their total cost of ownership.”