Mastercard expands Engage platform to accelerate deployment of digital first solutions
By Pavithra R
Mastercard has announced expanding its Engage platform, to offer customers easy access to the growing network of qualified technology and FinTech partners that can swiftly deploy Mastercard Digital First solutions.
“The expansion of Mastercard Engage is happening at a critical time when financial institutions and digital players are seeking to fulfill consumer demand for digital experiences but may not have all of the in-house capabilities to do so. Instead of merely supporting physical cards with digital experiences, we are powering consumer choice by building a robust network of qualified enablers that can help our customers quickly launch digital products from the ground up,” said Andrea Scerch, President, Consumer Products for Issuers.
These solutions will enable customers to provide complete digital payment experiences for consumers, from acquisition and card usage to engagement and management, with a physical card option.
The Mastercard Engage network includes partners that provide various components and integration capabilities across the Digital First customer journey to enable a frictionless payment experience, including Signzy to support digital onboarding and instant e-KYC services, Provenir to provide real-time risk decisioning, issuer processors such as i2c, Galileo, and Marqeta, and end-to-end Digital First enablers Verestro and Thales.
The evolution of the Engage platform demonstrates the company’s continued commitment to enabling customers in building out their digital-first consumer journey. The Mastercard Engage program is open to support Digital-First deployment, provide on-the-ground assistance as well as training through the Mastercard Academy, and promotion to the company’s extensive customer base.
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