2021. What an interesting year. With the world turned upside down by a pandemic that seemingly had its sights set on...
The Smart Choice for Payments Modernization
The payments industry is undergoing a massive transformation, driven by new technologies, standards, regulations, and customer expectations. Financial institutions (FIs) need to keep up with these changes and deliver fast, secure, and seamless payment services across multiple channels and platforms.
However, many FIs are still relying on legacy systems that are outdated, inflexible, and costly to maintain. These systems pose significant challenges for FIs, such as:
- Difficulty in complying with new standards (such as ISO 20022) and increased PCI mandates
- Lack of support for advanced APIs and microservices architecture
- Inability to leverage new payment rails and enrich payment flows
- High risk and expense of upgrading or replacing the existing systems
Lusis Payments offers a better way to modernize your payments systems with TANGO, a next-generation payments platform that is designed to meet the current and future needs of the industry. TANGO is a proven solution that is used by 4 out of the top 10 global banks, as well as many other leading FIs around the world.
TANGO is a modular, scalable, and flexible platform that can handle any type of payment transaction, from card to account-based, from domestic to cross-border, from online to offline. TANGO supports all major payment protocols and standards, including ISO 20022, and can easily integrate with any existing or new system via APIs and microservices.
TANGO also enables FIs to enhance their payment services with features such as fraud detection, risk management, loyalty programs, analytics, and more. TANGO can help FIs create new revenue streams, improve customer satisfaction, and reduce operational costs.
Lusis Payments understands that migrating from legacy systems to a new platform can be a complex and risky process. That is why Lusis Payments offers a gradual and cost-effective approach that minimizes the disruption and maximizes the benefits. With Lusis Payments, you can:
- Stop any new development on your legacy systems and move new functions to TANGO
- Gradually migrate interfaces and transactions to TANGO using adapters and gateways
- Phase out your old systems over time as TANGO takes over the full functionality
This way, you can enjoy the advantages of TANGO without compromising the stability and performance of your existing systems.
If you are interested in learning more about Lusis Payments and TANGO, please contact us today. We would love to show you how we can help you achieve your payments modernization goals.
Anthony J Parkinson
Lusis Payments [Chicago]