Mastercard Accelerates Deployment of Digital First Solutions
March 08 2021 - 9:00AM
Business Wire
Mastercard Engage platform expansion provides
customers with fast and easy access to new set of qualified
technology partners
Mastercard is expanding the Engage platform, offering customers
easy access to a growing network of qualified technology and
fintech partners that can quickly deploy Mastercard Digital First
solutions. These solutions will enable customers to provide
entirely digital payment experiences for consumers, from
acquisition and card usage to management and engagement, with a
physical card option.
“The expansion of Mastercard Engage is happening at a critical
time when financial institutions and digital players are seeking to
fulfill consumer demand for digital experiences but may not have
all of the in-house capabilities to do so,” said Andrea Scerch,
President, Consumer Products for Issuers. “Instead of merely
supporting physical cards with digital experiences, we are powering
consumer choice by building a robust network of qualified enablers
that can help our customers quickly launch digital products from
the ground up.”
The Mastercard Engage network includes partners that provide
various components and integration capabilities across the Digital
First customer journey to deliver a frictionless payment
experience, including Signzy to support digital onboarding
and instant eKYC services, Provenir to provide real-time
risk decisioning, issuer processors such as Galileo,
i2c and Marqeta, and end-to-end Digital First
enablers Thales and Verestro.
Mastercard has a long history of working with technology and
fintech partners to build the future of payments. The evolution of
the Mastercard Engage platform demonstrates the company’s continued
commitment to enabling customers in building out their digital
first consumer journey.
The Mastercard Engage program is now open to support Digital
First deployment, provide on-the-ground assistance as well as
training through the Mastercard Academy, and promotion to
Mastercard’s extensive customer base. Visit the Mastercard Engage
website for more information.
QUOTE SHEET:
“The COVID-19 pandemic has necessitated business continuity
solutions and seamless digital customer experiences that require
minimal interaction,” said Arpit Ratan, Co-Founder and Business
Head at Signzy. “We’re proud to continue our partnership with
Mastercard through the Engage program to support digital onboarding
for digital first solutions.”
“Agility and innovation are key in a digital-first market and
businesses need purpose-built technology designed to outpace market
evolution,” said Larry Smith, Founder and CEO at Provenir.
“We’re excited to bring Provenir’s real-time risk decisioning
technology to the Mastercard Engage network to help deploy
best-in-class solutions.”
“Today’s consumers expect frictionless digital payments
experiences, and Galileo is meeting this demand by making it easy
for their financial services providers to be digital-first and even
digital-only with great features like push provisioning to mobile
wallets, virtual cards and more," said Clay Wilkes, CEO at
Galileo. "As a partner on the Mastercard Engage platform, we’re
providing businesses with digital payment capabilities they can
build on to heighten their customers' payments convenience, access
and security.”
“Enabling seamless digital experiences is central to modern
financial life and so we’re thrilled to help Mastercard customers
in their pursuit of Digital First programs,” said Jim McCarthy,
President at i2c. “i2c has been at the forefront of digital
transformation and our highly-configurable, single global platform
is uniquely qualified to support these deployments – we're
genuinely excited to be recognized as a Mastercard Engage
provider.”
“Consumers have come to expect seamless digital experiences and
want to be able to manage all parts of their financial life through
digital channels. We’re thrilled to help Mastercard customers more
easily launch Digital First programs that speak to these demands,”
said Salman Syed, SVP and GM, North America at Marqeta. “We
look forward to our modern card issuing technology delivering value
for tomorrow's innovators and are excited to be a qualified
provider on the Mastercard Engage platform.”
“We are thrilled to be qualified as an early Digital First
partner on the Mastercard Engage platform,” said François
Chaffard, VP, Digital Banking & Payment at Thales. “Our
end-to-end digital issuance solution enables Financial Institutions
to leverage their existing assets and offer an optimized
mobile-first digital experience to their customers.”
“Frictionless digital first solutions are made possible through
end-to-end API platforms,” said Krzysztof Drzyzga, CEO at
Verestro. “As part of the Mastercard Engage platform, we
provide enablement capabilities across the entire digital first
journey for banks and fintech partners looking to deploy digital
solutions quickly.”
About Mastercard (NYSE: MA) Mastercard is a global technology
company in the payments industry. Our mission is to connect and
power an inclusive, digital economy that benefits everyone,
everywhere by making transactions safe, simple, smart and
accessible. Using secure data and networks, partnerships and
passion, our innovations and solutions help individuals, financial
institutions, governments and businesses realize their greatest
potential. Our decency quotient, or DQ, drives our culture and
everything we do inside and outside of our company. With
connections across more than 210 countries and territories, we are
building a sustainable world that unlocks priceless possibilities
for all. www.mastercard.com
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Jen Langione +1 (917) 408-2941 Jen.Langione@mastercard.com
Global Communications
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