Card & payment modernization–and beyond
Card platforms urgently need systemic modernization. As one of the most popular payment methods – whether embedded in digital wallets or used on their own – cards remain central to the payments ecosystem, especially in developed markets.
Deep dives on card migration & trends
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 views on the right migration path
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
Stay ahead—get early access to our upcoming survey report!
In our previous reports, we explored card product and acceptance modernization, highlighting strategic choices for both business and IT. In 2025, we will focus on the outlook and complexity of the diverse payment methods customers demand today and in the next decade, helping you navigate the capabilities needed for your modernization journey.
Click Contact Us to register →
Cards Report 2025 Coming Soon
Blogs and articles
The evolving perspectives of card platform migration
With most banks now engaged in migration to new, fully-capable payment platforms, Toms Jansons, Senior Strategic Product Manager offers a short overview of how we got here
Payment Platforms in 2030 - Next-Gen incoming …
The next five years will see pivotal changes in card payments, Edgars Bremze highlights where
How Kaspi.kz created a Kazakh paytech revolution with Tietoevry Banking’s card platform
Tietoevry Banking partnered the super-app’s explosive growth
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.
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.
OTP Bank Hungary completes card acquiring software replacement with Tietoevry Banking
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.
