Backbase and Payveris Take Digital Payments to the Next Level
Summary
However, the banking industry’s legacy payment infrastructures are increasingly fragmented, inflexible, costly, and difficult to integrate with – making it challenging for financial institutions to innovate and deliver the seamless services today’s digitally-connected people expect. Additional elements such as financial insights, peer-comparison suggestions and gamification, further elevate this UI to the next level in the industry.” “This partnership is a true game-changer,” states Dave Matthews, Vice President of Partner Development, Payveris. “ The financial institutions adopting this fully customizable end-to-end solution, are without a doubt, positioning themselves for marketplace leadership by future-proofing their payments and digital transformation strategy.” With the Backbase Payment Center, Backbase has developed a universal money movement experience that allows money to be moved from any eligible account to anywhere with a simple, hassle-free interface – a value proposition that garnered the platform the Best In Show award at PayThink 2019. The extensible microservices of the MoveMoney Platform also allow financial institutions to easily integrate with future services as they extend their consumer and business money movement capabilities. The company believes it is vital that banks evolve and maintain superior digital experiences in order to retain privileged control of the customer relationship, drive efficiency, stave off new competition and continue to grow.
