Payments issuer processor, Global Processing Services (GPS) has teamed up with fintech challenger Lanistar, ahead of the launch of their alternative banking product later in 2020.
Through the partnership with GPS, Lanistar uses GPS’ Apex issuer processing platform, based on APIs. Furthermore, the company will be utilising real-time data feeds to directly manage account holder balances, transactions, enriched data, and more. The partnership also enables Lanistar to manage its partner network and boost capabilities of its proposition through PSD2 Open Banking.
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