+1-888-308-5802     
News Contact Us

Marqeta announces new collaboration with cloud banking provider Mambu

Author : Pankaj Singh | Published Date : 2019-12-14 

Marqeta, a global platform that issues modern cards, has recently announced that it will be partnering with Mambu, a renowned provider of cloud banking services. The partnership will offer the customers of Mambu access to the card processing technology by Marqeta as it will bring together two companies with commitments towards delivering control and transparency through APIs and provide speed to market by handling the control to the customers for the development process.

The cloud banking platform by Mambu is widely used by banking pioneers such as OakNorth, ABN AMRO’s New10 and N26. It helps the customers create a highly configurable core platform permitting them to easily join the pre-selected range of partners who are best-for-purpose. This kind of approach usually lets a firm take step back on integration resources and development to be able to focus on their specialization; creating a smart customer proposition and then marketing it.

The ethos of Mambu strongly resonates with Marqeta as its platform for modern card issuing places all the customers in control by offering access to more than 280 APIs both on its website and open sandbox environment. Customers will be able to experience Marqeta’s processing platform by having signed up to the sandbox in moments and further building and testing the functionality of the card.

Marqeta’s Head of European growth, Ian Johnson commented that Mambu has been providing a world-class platform that addresses key challenges on how to constantly deliver as well as accelerate innovation within the payment space without having to continually be restrained by technology.

Johnson further stated that there has been a firm alignment between both the organizations in terms of both product vision and culture. The company is looking forward to their joint proposition and the major benefits that may result from it.

Mambu’s Chief Technology & Product Officer, Ben Goldin said that the company is looking forward to Marqeta joining them as a valuable partner as it allows customers to drive innovation with the help of a card product portfolio.

 

Source Credit- https://finance.yahoo.com/news/mambu-marqeta-announce-partnership-uniting-090000305.html

About Author

Pankaj Singh

Pankaj Singh

Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605

Related News

Houston-based McDermott International to soon file for bankruptcy

Published Date: 2020-01-22         Author: Pankaj Singh

Oilfield service company, McDermott International has recently confirmed plans to file for Chapter 11 bankruptcy. Sources close to the matter cite that McDermott would file a prepackaged restructuring plan at the United States Bankruptcy Court in Houston. The restructuring plan, which has the bac... Read More

U Mobile set to invest billions of ringgits in 5G network spectrum

Published Date: 2020-01-20         Author: Pankaj Singh

U Mobile Sdn Bhd, a telecommunication service provider based in Malaysia, has plans to invest a large sum of money/ringgits in 5G network development for next generation connectivity. The company has already spent RM300 million for future rollouts, which is anticipated to complete in the Q3 of 2020,... Read More

Datadog launches partner program to support channel partners in ANZ

Published Date: 2020-01-18         Author: Pankaj Singh

Datadog, the global monitoring and cloud-scale analytics platform for developers, IT teams, and business users, recently announced the launch of a new partner program, expanding its support for channel partners in Australia & New Zealand. The Datadog Partner Network will offer a structured platf... Read More

© 2020 Fractovia. All Rights Reserved