Fully integrated card and processing solution from Tietoevry enables a rich service offering, faster time to market and lowers operating costs
Head of Instant, Retail Payments and Cards
Take payment services to the next level to speed-up time to market with a rich service offering, safeguard the existing customer base, and facilitate expansion into new markets.
A fully-integrated Tietoevry card payment processing, loan and e-commerce solution provides a secure and scalable offering across a pan-European market.
The Business Process Outsourcing company has a large customer base throughout Europe where it handles close to 40 million transactions a month.
One platform for all services ensures smooth operations
Modern system supports rapid test and rollout of new services
Wide range of services can be packaged to meet market needs.
The BPO is a well-respected player in the financial industry over the past 25+ years and it has utilized Tietoevry card and payment solutions growing steadily to serve over 23 financial institutions, 15 e-commerce providers and around 30,000 merchants. This includes issuing about 190,000 credit and debit cards and supporting over 25,000 Points of Sale and 52800 ATMs.
To continue to grow its European footprint and offer clients market-leading services, the BPO wanted to transition to a fully-integrated TietoEVRY platform. Consolidation of services on a single platform lowers the cost of ownership and enables new services to be launched faster, thus generating new revenue streams. The renewed platform also supports a more agile approach to development, maintenance, testing and deployment, which, through iterative and regular releases, delivers smooth services and ensures operations are up to date with regulations and industry mandates.
The pre-study and migration process could be carried out quickly and efficiently thanks to the long-term customer relationship and an extensive knowledge of the BPO’s existing systems. The BPO can easily connect other Tietovry modular solutions into its service offering. For instance, loans are now issued via the TietoEVRY platform – to date the BPO has issued 65,000 loans. Other benefits from the on-premises solution include:
The successful deployment and launch of the card and processing platform has not only led to new services being rolled out much quicker but also an increase in the number of transactions. Currently, the BPO handles millions of transactions a day.