Mambu taps into card processing technology with Marqeta partnership – IBS Intelligence

Posted: December 13, 2019 at 2:22 pm

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Ben Goldin, Chief Technology & Product Officer at Mambu

Mambu has announced a partnership with modern card issuing platform, Marqeta with an aim to offer its customers access to the latters card processing technology, thus enabling their control through open APIs and accelerate speed to market.

Mambu is providing a world-class platform addressing key challenges around how to continually deliver and accelerate innovation in the payments space without consistently being restrained by technology, said Ian Johnson, Head of European Growth at Marqeta. Theres a strong alignment between our two organisations, not just in terms of our product vision but culturally too. We are very excited by the power of our joint proposition and the significant benefits customers will derive from it.

According to the supplier, customers will be able to leverage Marqetas processing platform by signing up to the sandbox and then building and testing card functionality.

Mambu is focused on creating a rich ecosystem of payment pioneers, providing our customers with fast and easy access to services that allow them to create compelling products for their end-customers, said Ben Goldin, Chief Technology & Product Officer at Mambu. We are delighted to welcome Marqeta into this ecosystem and see them being a valuable partner in allowing our customers to rapidly drive innovation with their card product portfolio.

Mambu, recently, was selected by ODX, a provider of small business digital lending solutions for financial institutions, and a subsidiary of OnDeck (ONDK), to provide servicing technology for ODXs digital lending platform.

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Mambu taps into card processing technology with Marqeta partnership - IBS Intelligence

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