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March 17, 2016

Mondo selects Thames for debit card production & personalisation

British challenger bank Mondo has selected Thames Card Technology (TCT) to launch contactless debit cards coupled with personalisation technology.

By Verdict Staff

British challenger bank Mondo has selected Thames Card Technology (TCT) to launch contactless debit cards coupled with personalisation technology.

Mondo, set to launch this year, will offer clients a contactless debit card paired with a mobile banking application featuring intelligent notifications, instant balance updates and financial management.

Thames Card said that the first 2000 alpha-cards are already in circulation working alongside the Mondo app and another 4,000 are expected to be commissioned over the next two months.

Mondo founder and CEO Tom Blomfield said: "We wanted to offer a personal, transparent and easy-to-use banking service and Thames is helping us to achieve this. As a challenger bank, we are feeling our way in this process and Thames’ expertise and experience made them an ideal partner.

"They have helped us to bring together a range of innovative features, such as the ability to block and unblock your payment card instantly, which we have specifically designed for those of us that are prone to misplacing it."

Thames Card Technology managing director Paul Underwood said: "This partnership is a great example of how physical cards and digital platforms can work together to create a great customer experience."

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