Revolutionizing Payments: Tietoevry and Tapeeze Join Forces for Innovative Tokenized Card Solutions
In a groundbreaking move for the financial sector, Tietoevry Banking, a prominent provider of financial SaaS solutions, has formed a strategic partnership with Tapeeze, a Swedish FinTech specializing in digital wallet and tokenization technologies. This collaboration marks a significant step towards enabling banks, FinTech companies, and various branded organizations, including sports clubs, car manufacturers, and music festivals, to issue custom-branded, multifunctional payment cards with ease.
Transforming Payment Solutions with Custom-Branded Cards
The partnership between Tietoevry Banking and Tapeeze is set to revolutionize the way payment cards are issued. By leveraging this innovative collaboration, organizations can now create personalized payment cards without the need for complex infrastructure or lengthy regulatory approvals. These cards will incorporate flexible and secure payment capabilities, utilizing the Visa™ and Mastercard™ networks to enhance customer and fan engagement.
About Tietoevry Banking
Tietoevry Banking boasts decades of experience in payments, fraud prevention, lending, and WealthTech, serving clients in over 60 countries. The company’s solutions are designed to be modular and scalable, allowing for rapid deployment of products tailored to client needs.
Innovative Solutions from Tapeeze
Founded in 2024, Tapeeze is recognized for its ability to facilitate tokenized payment features, commonly seen in digital wallets like Google Pay and Apple Pay, now available through physical cards. This partnership will empower non-banking entities to launch fully personalized and secure cards using Tietoevry Banking’s sustainable production methods.
Enhanced Security and Utility
Tapeeze enhances card safety and utility through its advanced skim-proof tokenization technology and optional biometric security features. This collaboration signifies a pivotal moment as such advanced payment technology becomes accessible to organizations outside the traditional banking sector.
Adoption by Prominent Sports Clubs
The technology has already gained traction among notable Swedish sports clubs, including AIK, Björklöven, Timrå IK, and Djurgården. This broad adoption underscores the potential for enhanced fan engagement and revenue generation.
Leaders’ Insights on the Partnership
Ruth Hessner, head of card personalization at Tietoevry Banking, stated, “We see fantastic global potential in this first-of-its-kind partnership, which has given rise to a truly unique offering. For sports clubs with large fanbases, these cards will allow fans to proudly display their loyalty while generating revenue for their clubs.”
Mikael Kesha, CCO and co-founder of Tapeeze, commented, “At Tapeeze, we are revolutionizing the concept of payment cards—what they can do and how they look. The demand for customizable, tokenized payment cards is rapidly increasing, and partnering with Tietoevry Banking allows us to meet this demand across multiple countries and industries.”
For more information on Tietoevry Banking and their innovative solutions, visit their official website at Tietoevry. For insights into digital wallet solutions and tokenization technology, explore Tapeeze.
