Case Study: Financial BPO achieves faster payment service growth across Europe with Tieto Banktech

Financial BPO scales card payments to 40 million monthly transactions with Tieto

Financial BPO, a business process outsourcing company, wanted to expand its European footprint and enhance its payment services offering. To achieve this growth, it needed to consolidate its services onto a single platform to speed up time to market, safeguard its customer base, and support a more agile approach to development. They partnered with vendor Tieto to utilize their fully integrated Banktech card and payment processing platform.

Tieto implemented its integrated platform covering card payment processing, loans, and e-commerce. This solution enabled the customer to handle close to 40 million transactions monthly, lower its cost of ownership, and accelerate the launch of new services. The platform supported the BPO's growth to serving more than 23 financial institutions and issuing over 65,000 loans.