Tuum and Marqeta have partnered to provide a pre-integrated fintech solution that accelerates time-to-market for Tuum customers by working with Marqeta’s open API platform.

European banks and fintechs will be able to create flexible card schemes that deliver an industry-leading modern digital payment experience while saving resources, time and money.

Marqeta’s state-of-the-art card issuance platform, certified to operate in 40 countries, enables its customers to create innovative and personalized payment cards. The company’s platform is powered by open APIs, democratizing access to card issuance technology, and empowering customers to create a more flexible and configurable payment experience.

Through this new partnership, businesses already using Tuum’s cloud-based next-generation core banking solution will be able to launch and manage card programs, issue cards, and authorize cards. rights and settle their own transactions. Integrated finance is a big trend, and banks and fintechs alike are looking to deliver highly personalized experiences to customers, through highly configurable banking and issuer processing platforms.

The partnership between Tuum and Marqeta combines Tuum’s robust and sustainable core banking solution with Marqeta’s state-of-the-art digital payments experience to deliver greater efficiency to customers. Time to market for integrated financial services is not only accelerated, but also cost-effective and can be tailored to meet individual customer needs.

“We’re thrilled to announce our partnership with Tuum, and through this collaboration, we’ll provide a pre-integrated fintech solution that leverages our open APIs, tokenisation as a service, Just-in-Time gateway funding and other market-leading features. Financial services innovators can build, test, launch and iterate modern and scalable card programmes from the ground up, on their terms, delivering a customised card product that fits their needs best,”

Jeff Parker, SVP and Managing Director, International at Marqeta.

“To keep up with the current pace, it’s becoming increasingly important for banks and fintechs to offer modern digital payment experiences to consumers, and we’re excited to help them take this step through our collaboration with Marqeta. While our cloud-native, next-generation core banking platform gives them the security and reliability they need for the future, the pre-built integration allows them to create their own card programmes and deliver highly personalised experiences to consumers,”

Jean Souto, VP Global Partnerships at Tuum.