A renowned digital banking fintech company working towards assisting consumers’ access and use of their money, Rellevate™, LLC, announced that it had selected Technisys as its digital banking platform provider.
The digital banking tech company, Technisys, offers mobile banking and omnichannel solutions for the companies in financial sectors. Rellevate’s financial services are offered mainly via employers and include services like bill pay, access to payroll, and money-sending capabilities as part of its digital banking suite.
“Rellevate is partnering with Technisys to offer next-gen services that facilitate the family of Rellevate products and offer a seamless customer experience,” said Greg Schneider, Rellevate’s CIO.
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Not long ago, Rellevate entered into a partnership with VISA to make Visa DPS the system of record and back-end processing engine for the Rellevate Debit product. Technisys will add the power and flexibility of its Cyberbank Digital Platform to complement the Visa DPS processing platform. The Cyberbank Digital Platform, which is created with the primary objective of interacting directly with the Fintech ecosystem, will provide Rellevate banking customers with better digital experiences.
Slated to be launched in the first quarter of this year, the platform will allow Rellevate’s customers to send and receive money, get paid and make payments as and when they require cash digitally, without the type of device being a barrier.
Stewart A. Stockdale, Chairman and CEO of Rellevate said that Technisys was the perfect complement to Visa DPS for this initiative. Stewart added that the digital banking functionality will help Rellevate create a territory for itself in the US while helping the customers with moving and using their money from anywhere, at any time.
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Some of the important benefits being added to Rellevate are:
- Rellevate will be able to expand its value proposition and pivot to cater to the wants and needs of its customers.
- A cloud-native solution that scales linearly to offer amazing performance and service levels
- Rellevate will be able to integrate multiple technology providers and create a truly digital ecosystem, courtesy of open architecture.
Todd Brockman, SVP, Global Head of Visa DPS, Visa Inc. appeared excited at the partnership with Rellevate.”The flexibility, stability, and scalability of the Visa DPS platform will enable Rellevate to reach a broader consumer base for success in this space,” he said.
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