Challenges
Outdated Tech Stacks, UI/UX Issues, and Lack of Security
Increasing scalability and raising productivity are goals of modern system architecture, while coping with security is also possible.
The use of third-party fraud detection programs that involve data privacy and security questions.
Legacy APIs ruined the availability of new functions to third-party services and partners.
Inefficient API integration resulted in disintegrated transactions, data management, and system communication.
Higher production costs and lower output followed, which created a competitive disadvantage for the business.
Solutions Proposed
Revamped the UI/UX
Pick up correct network exchange methods and deploy solid systems as well.
Create an in-house anti-fraud software that gives you full control of your personal information.
Replace outdated APIs and develop new ones to get oneself from third-party services.
Improve API integration to simplify transaction processing, data management, and system communication.
Explore routes to grow the business and reach more markets.
Objectives
Improve system security and scalability & meet compliance requirements.
Secure fintech vendor’s credibility.
Provide operational efficiency and productivity gains.
Minimize operational costs involved with ineffective processes.
Identify and counter the security risks and vulnerabilities associated with outdated APIs.
Develop scalability to cater to organizational growth and expansion.
End Results
The company now has 150+ growing APIs and has launched solutions such as Prepaid cards, Multi-currency, Charge and Credit cards, and Buy Now, Pay Later.
Secured Funding $ 7.6 M. The company scored funding of $7.6 million in a Series A round in 2021.
Mastercard certifies fintech, NymCard, as a principal issuer.
Live programs in 3 global regions.
Staff in 10+ Countries
Built a technological framework. Our dedicated team created an infrastructure to support distributed application development and execution.
Focused on growth and innovation while we handled the heavy lifting.
Collaborate with Zwipe. A successful collaboration with Zwipe, a Norwegian biometric technology company, will launch biometric cards in Africa.
Western Union partners with NymCard in the UAE
Multiple International Partnerships