10x Banking, the financial technology firm founded and headed by former Barclays chief executive Antony Jenkins, announced its latest offering in February.
SuperCore Cards combines 10x’s cloud-based core banking technology with Paymentology’s card-issuing and processing platform. It should allow banks hoping to launch a credit card product to do so in a fraction of the time it normally takes.
Instead of spending 12 months to develop a new card product, 10x suggests it will now be possible in as many weeks, or even faster for a bank already connected to the company’s SuperCore software-as-a-service (SaaS) offering.
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