#nextgenprocessing

[zetablogs]

Title

Why Issuers Need to Look at Next-Gen Card Processing for Better CX? | Zeta CEO

Description

Financial institutions and issuers have been working with platforms that are built on 40-year-old technology, which causes a number of challenges. Bhavin Turakhia, CEO and Co-Founder of Zeta, highlights what these common challenges are, and why issuers need to look at Next-Gen Card Issuer Processing to move beyond these challenges.

Chapters

0:00 Bhavin’s Intro

0:13 Banking Legacy Systems

0:40 Card Issuer Pain Points

1:30 Zeta’s Next-gen Processing Stack

Key Pain Points Exposed:

Slow and Inflexible Systems: Bhavin reveals the industry average for launching new card products - a staggering 21.4 months! Legacy platforms hinder agility and innovation.

High Operational Costs: Maintaining COBOL programmers and legacy infrastructure drains resources, hindering investment in modern solutions.

Limited Personalization: Traditional systems struggle to offer hyper-personalized experiences for today's demanding cardholders.

Digital Experience Gap: Outdated technology can't support the development of sleek, modern digital experiences that customers expect.

Introducing Next-Gen Card Issuer Processing:

Bhavin unveils how Zeta's next-gen processing platform empowers U.S. issuers to overcome these limitations. Discover how you can achieve:

Faster Time to Market: Launch innovative card products in a fraction of the time compared to legacy systems.

Reduced Costs: Streamline operations and eliminate reliance on expensive legacy infrastructure.

Hyper-Personalized Experiences: Deliver tailored offerings and reward programs that resonate with your cardholders.

Modern Digital Experiences: Build cutting-edge mobile apps and digital interfaces that delight your customers.

Ready to unlock the future of card processing? Explore our blog post "Building The Cards of Tomorrow: 10 Must-Have Capabilities of Next-Gen Processing - https://www.zeta.tech/us/blog/building-the-cards-of-tomorrow-with-next-gen-processing/

Learn more about 

1. Modernize Card Technology - https://www.zeta.tech/us/resources/modernize-card-tech-with-nextgen-issuer-processing/

2. Zeta's Card Issuer Processing Capabilities Recognized by Celent - https://www.zeta.tech/us/resources/nextgen-credit-card-processor-celent-report/

3. Five Ways for Faster Banking - https://www.zeta.tech/us/resources/5-ways-banks-win-with-innovation-and-speed/

4. Modern Card Issuance Platform - https://www.zeta.tech/us/resources/modern-card-issuance-platform/

[groovy-computers]

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