European banks and fintechs will be able to build flexible card programmes that deliver industry-leading modern digital payment experiences while saving resources, time and money. Marqeta’s modern card issuing platform, which is certified to operate in 40 countries, empowers its customers to create customised and innovative payment cards. The company’s platform is powered by open APIs, democratising access to card issuing technology and giving customers the ability to build more configurable and flexible payment experiences. As a result of the new partnership, companies that already use Tuum’s cloud-native, next-generation core banking solution will be able to launch and manage their own card programmes, issue cards and authorise and settle transactions. Embedded finance is a significant trend, and banks and fintechs are looking to deliver highly personalised customer experiences, through highly configurable core banking and issuer processing platforms. The partnership between Tuum and Marqeta combines Tuum’s solid and sustainable core banking solution with Marqeta’s modern digital payment experiences to be more efficient for customers. The time-to-market of embedded financial services is not only accelerated, but also cost-effective and can be tailored to meet the customers’ individual needs. “We’re thrilled to announce our partnership with Tuum, and through this collaboration, we’ll provide a pre-integrated fintech solution that leverages our open APIs, tokenisation as a service, Just-in-Time gateway funding and other market-leading features. Financial services innovators can build, test, launch and iterate modern and scalable card programmes from the ground up, on their terms, delivering a customised card product that fits their needs best,” said Jeff Parker, SVP and Managing Director, International at Marqeta. "To keep up with the current pace, it’s becoming increasingly important for banks and fintechs to offer modern digital payment experiences to consumers, and we’re excited to help them take this step through our collaboration with Marqeta. While our cloud-native, next-generation core banking platform gives them the security and reliability they need for the future, the pre-built integration allows them to create their own card programmes and deliver highly personalised experiences to consumers," comments Jean Souto, VP Global Partnerships at Tuum.