back Back

Cornèrcard selects Rivero to digitalise its card scheme compliance

By Gloria Methri

June 28, 2023

  • Card Scheme Regulation
  • Compliance
  • Cornèrcard
Share

Rivero, Switzerland, FinTech, Card Scheme Compliance, Cornèrcard Swiss FinTech Rivero has onboarded Cornèrcard, a leading issuer of Visa, Mastercard, and Diners Club payment cards in Switzerland, to its card scheme compliance platform.

Under the terms of the agreement, Cornèrcard will leverage Rivero’s scheme compliance SaaS solution, Kajo, to digitalise its compliance processing requirements and to make it easier to scale with guaranteed quality control for all its compliance needs.

Since the time it issued Switzerland’s first Visa credit card in 1975, Cornèrcard has adapted to advances in technology, such as the secure e-commerce standard and mobile payments. Adopting Kajo by Rivero shows the card provider’s willingness to embrace new solutions that can boost performance and customer satisfaction.

Kajo by Rivero is designed for and tailored to the scheme license compliance management. By fully digitalising and automating the administrative part of the process, Kajo will support Cornèrcard to reduce the time and resources needed to stay compliant with changing rules and requirements of payment networks.

Commenting on the partnership Danilo Redaelli, Head of IT Digital & Card Services at Cornèrcard said, “Rivero is a leader in simplifying card payment operations for the highly regulated payments industry with a proven track record for performance. We are convinced that its SaaS product Kajo will provide us the capability we need to navigate the changing digital payment landscape with ease – giving us more time to focus on core services that put customers first.”

Thomas Müller, co-founder, and CEO of Rivero said, “Rules and regulations around card payments compliance are constantly being updated, and it is important that financial services and payments providers adhere to them. That is why we created Kajo – to help firms effectively and seamlessly manage their full scheme compliance process. We are excited to be working with Cornèrcard and to deliver a best-in-class tailored solution that can strengthen their service offering and keep them ahead of the competition.”

Previous Article

June 28, 2023

Sardine launches SardineX to curb payment fraud

Read More
Next Article

June 28, 2023

Sionic and Google Cloud expand partnership to boost bank-to-bank payments

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

Card Scheme Regulation

Why predictive AI is a critical necessity in the field of cybersecurity

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 20, 2024

Discover Global Network & NETS expand payment acceptance in Singapore

Read More

June 20, 2024

First Abu Dhabi Bank bolsters CLM operations with Fenergo

Read More

June 20, 2024

Xcelerate acquires an equity stake in Gieom, a financial service compliance provider

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023