Italy-based BNL-BNP Paribas Group has awarded a contract to financial services provider TAS Group for the management of its debit, credit and prepaid card platform.
The partnership will see complete overhaul of the bank’s existing card platform. TAS Group’s CARD 3.0 solution will be used to upgrade the platform’s technological infrastructure.
TAS Group card management
The upgrade is intended to cater to the market needs, improve customer experience and boost the alliances with retail and corporate customers.
TAS CARD solution is designed for the complete card and digital payments lifecycle, including fraud management, disputes, international card network clearances, tokenisation and security.
The issuing solution is said to allow management of all payment products, and is compatible with a variety of devices and channels.
It is expected to optimise all services in the payment processes, while providing better flexibility and speed of implementation for the bank.
BNL-BNP Paribas CEO Massimo Romagnoli said: “We wanted a flexible solution, capable of modernising our e-money systems, and to extend our portfolio of products and services to respond to the needs of an increasingly competitive and changing market.
“We identified in TAS Group’s proposal the best possible answer to our growth strategy: deep application know-how, technological reliability and scalability, mitigation of migration risks and above all, a functionally rich solution that allows us to stay ahead of the curve with new products as the market evolves.”
Initially, the card management platform will be leveraged to issue prepaid cards for the bank’s business customers.