Paymentology partners with Finartix

Wednesday 29 July 2020 10:13 CET | News

UK-based fintech Paymentology has partnered with Finartex to bring data powered payments solutions to financial institutions in Greece, South Eastern Europe, Eastern Africa, Belgium, and Luxembourg.

This partnership will manage the delivery of Paymentology’s cloud-based card management product for issuing of credit, debit, and prepaid. The product is assisting retail banks, digital banks and EMIs to have control over the consumers transactions. It allows consumers flexibility in the use of their card products and management.

These analytics (including AI based fraud controls) are used by banks moving to digital to deliver real time finance solutions. According to the official press release, Paymentology processing engine for challenger banks uses this technology to allow banks increase speed to market with reduced costs and to independently launch card products.

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Keywords: UK, fintech, Paymentology, partnership, Finartix, data, payments , Greece, South Eastern Europe, Eastern Africa, Belgium, Luxembourg, cloud, cards, credit cards, debit cards, prepaid cards, banks, digital banks, digital, retail banks, EMIS, transactions , AI, challenger banks, technology
Categories: Payments & Commerce
Countries: United Kingdom
This article is part of category

Payments & Commerce