Paymentology teams up with Manigo to boost delivery of card-based banking solutions

By Megha Bhattacharya

Paymentology has teamed up with banking-in-a-box solution Manigo in a bid to offer digital banking services to corporates. The partnership will allow Paymentology to integrate its functionality into the Manigo platform, thus enabling Manigo to launch white labelled card and banking solutions in under 8 weeks, with virtual card services within just 4 weeks.

Rowland Camrass, Chief Commercial Officer at Manigo, commented, “The technology provided by Paymentology enables us to provide ‘fast to launch’ digital banking solutions for clients with leading capabilities. We look forward to developing our partnership with the team at Paymentology.”

The collaboration is expected to embed the Paymentology processing capabilities into the Manigo offering brings customer-centric functionality, speed to market, authorisation at the point of sale, and fraud monitoring, placing Manigo as a go-to solution for SMEs.

Shane O’Hara, CEO of Paymentology, welcomed the partnership. “Embedding Paymentology into Manigo gives us the opportunity to build out further our involvement with the emerging digital banking market. The principles at the heart of Manigo are absolutely aligned to our own, in providing rapid, quality solutions for consumers and SMEs and we are pleased to be working with them.”

Manigo offers banking, payments and cards as a service with the whole value chain from back to front-end managed, including the regulatory and compliance umbrella. Providing modular turnkey and API integrations ensures that clients have the flexibility to customise their propositions and can remain focused on their customers.

Recently, UK-based payment processor Paymentology has teamed up with digital banking platform Thought Machine in a bid to bring rapid integration solutions to established and challenger banks. The companies stated that the partnership would deliver a direct payment processing integration into Thought Machine’s Vault and develop a future banking module that removes the need for middleware.