Card and payment modernization beyond
The need for systemic change in card platforms has moved beyond necessity to an urgent need as cards remain a highly popular payment method, especially in the developed world – whether that’s as part of a digital wallet or used as a stand-alone payment method
Insights on card platform migration
Card platform migration: change is here
European banks are actively migrating payment systems, with nearly 2/3 doing so in the past two years. Driven by customer demand, regulation, and system limitations, 80% are modernizing and seeking partners for support.
This survey report covers:
- The race to migrate: what’s driving change
- Considerations in finding the right migration approach
- What banks are considering in their RFIs
Options for change: card migration
Planning for a card platform modernization means more than releasing an RFP: senior executives need to challenge themselves to articulate a comprehensive five-year strategic plan.
This survey report covers:
- Factors limiting legacy card systems
- Insights on how to effectively migrate to new systems
- Expert comments on choosing the right migration approach
SaaS: the future of card payments
Almost three-quarters of European banks intend to outsource some card operations in the next five years. Banks see processing as a commodity, and a function that’s easy to outsource.
This survey report covers:
- When a bank should consider outsourcing card systems?
- Prevailing concerns when outsourcing
- Cloud strategies, and when are these relevant
The Future of Payment Methods in 2030
While the next survey report is being prepared, secure your copy today!
In our previous whitepapers, we covered multiple aspects of card product and acceptance modernization and related strategic choices both business and IT departments need to make. In 2025, we are focusing on the outlook and complexity of the variety of payment methods customers are requiring today and will demand in the next decade. This will help you navigate the necessary capabilities en route to your modernization journey.
Register for early access
Blogs and articles
New report: eight in ten banks now engaged in card systems modernization
The new study combines a survey of 48 senior banking professionals and responses from a round-table discussion involving six senior bankers.
How Kaspi.kz created a Kazakh paytech revolution with Tietoevry Banking’s card platform
Tietoevry Banking partnered the super-app’s explosive growth
OTP Bank Hungary completes card acquiring software replacement with Tietoevry Banking
E-commerce acquiring: why banks should dive (back) in
There’s major revenue for banks in online acquiring – but the right approach matters.
Open APIs: unlocking an Open Finance ecosystem
By unlocking open finance ecosystems banks can change their business models and improve their growth prospects through advanced tech integrations
Maximizing a card system upgrade: what migration means, why it matters and how to do it
As new ways to pay come to the fore and cash takes a back seat, having a modern software infrastructure that can cope with online and mobile payments is vital to any bank’s future.
Delivering exceptional card solutions
Tietoevry Banking Card Suite
Modern card and payment software
As the world of payments is challenged by ever-growing customer expectations and increasing regulatory requirements, financial institutions are struggling with legacy card software solutions that are expensive to maintain and slow to follow market trends.
Our expertise in replacing outdated systems enables a seamless migration to agile, cloud-ready solutions. This modernization enhances operational efficiency, allowing banks to better serve customers and launch new payment products quickly. Our platform provides comprehensive life cycle management for card issuing, merchant acquiring, switching, clearing, and settlement solutions tailored for financial institutions in Nordics, Europe, Asia, Africa, and beyond.
Why Tietoevry Banking?
Decrease operational costs and bring new issuing, acquiring, and financial product ideas to life faster with a modernized cards software platform
- Card & financial product issuing: trusted by banks and processing entities worldwide;
- Merchant management & acquiring: trusted by payment service providers, acquiring banks & processing entities globally to enhance the acquiring solutions;
- Fraud management: comprehensive fraud management capabilities, such as fraud prevention during authorization.
- Clearing and settlement: transaction processing, managing the settlement between cardholders, merchants, and participant banks.
At Tietoevry, we believe it’s time to shift perspective. It’s not about what technology can do anymore — but what it should. So that the futures of businesses, societies, and humanity can live and thrive. Side by side.
