​FOR IMMEDIATE RELEASE

San Francisco, CA – [3/20/25] – Lusis Payments, a global leader in innovative payment solutions, is pleased to announce the appointment of Mark Schermann as Global Head of Sales. Mark brings a wealth of experience in the financial technology and payments industry, with a proven track record of driving revenue growth, forging strategic alliances, and delivering client-focused solutions.

With over two decades of leadership experience, Mark has excelled in senior sales and business development roles at industry-leading organizations, including Mastercard, ACI Worldwide, Conduent, and Chase Paymentech. His extensive background in payment processing, strategic partnerships, and enterprise sales aligns seamlessly with Lusis Payments’ commitment to delivering cutting-edge payment solutions to financial institutions worldwide.
Prior to joining Lusis Payments, Mark served as VP of Strategic Alliances at Mastercard, where he played a pivotal role in developing global partnerships with major technology and financial service providers. His expertise in managing high-value client relationships, including Fortune 500 companies and government agencies, has made him a recognized leader in the payments space.

“Mark’s vast experience and deep industry knowledge make him a tremendous asset to our team,” said Philippe Préval, CEO of Lusis Payments. “His ability to cultivate meaningful relationships and drive growth aligns perfectly with our mission to provide world-class payment solutions. We are thrilled to have him on board as we continue expanding our global footprint.”

As a veteran of the U.S. Army and Operation Desert Storm, Mark exemplifies the values of honor, teamwork, and determination—qualities that have defined both his personal and professional journey. His leadership and innovative approach will further strengthen Lusis Payments’ position as a leading provider of high-performance transaction processing solutions.
“I am excited to join Lusis Payments and contribute to the company’s ongoing success in delivering next-generation payment solutions,” said Mark Schermann. “Lusis has built a stellar reputation for its technology and customer-centric approach, and I look forward to collaborating with our clients and partners to drive continued growth.”

Mark holds a degree in Communications from Southern Methodist University and has earned numerous accolades throughout his career, including multiple U.S. Army service medals. His expertise spans consultative selling, problem-solving, and strategic business development, making him a key addition to Lusis Payments’ global leadership team.

About Lusis Payments Lusis Payments is a global provider of mission-critical payments solutions, specializing in retail payments, transaction processing, and financial technology innovation. With its flagship TANGO platform, Lusis delivers flexible, scalable, and high-performance solutions to banks, processors, and merchants worldwide.

Media Contact: Brian Miller
[email protected]
Lusis Payments
 

Enhancing Speed and Scalability
In today’s digital-first economy, speed is critical. TANGO V8 delivers a 25% increase in performance compared to its predecessor, ensuring transactions are processed more efficiently than ever before. This not only improves customer experience but also reduces operational costs for financial institutions. Additionally, the scalability provided by our advanced distributed computing and cloud integration enables organizations to handle peak transaction loads with ease, ensuring uninterrupted service during high-demand periods.

TANGO V7 laid the foundation for powerful transaction processing, and with TANGO V8, we have expanded its capabilities to fully incorporate distributed computing, supporting both cloud-based and on-premise deployments. TANGO V8 introduces full clustering support, message routing enhancements, and Kubernetes compatibility. This flexibility ensures institutions can leverage automated scaling and optimize resource allocation based on real-time demand.

Driving Industry-Wide Digital Transformation
With the rise of digital payments, financial institutions must adopt technology that supports flexibility and modernization. TANGO V8’s microservices-driven architecture allows organizations to deploy services independently, fostering continuous innovation and faster time-to-market for new financial products. By enabling seamless inter-pod communication and supporting Kubernetes-driven lifecycle management, TANGO V8 ensures that financial institutions remain agile in an ever-changing market.

Building upon the robust routing capabilities of TANGO V7, TANGO V8 introduces a refined message routing system that enhances efficiency. The implementation of a new “pub/sub” topology improves scalability and fault tolerance while maintaining the proven reliability of previous versions. The new message router service dynamically routes messages based on availability and traffic conditions, optimizing overall system performance.

Strengthening Security and Compliance
The financial industry operates under strict security and regulatory requirements. TANGO V8 reinforces data protection through its adoption of the latest cryptographic libraries, including OpenSSL 3 and OpenLDAP. The platform’s redesigned network session and transport layers further enhance security, ensuring compliance with evolving industry standards.

TANGO V7 provided a strong security framework, and TANGO V8 builds on that foundation with enhanced encryption, real-time monitoring, and external plugin support for tools like AppDynamics. These improvements allow institutions to gain deeper visibility into their system performance, enabling proactive issue resolution and enhanced regulatory compliance.

Fostering Financial Inclusion and Innovation
As global markets shift towards digital and mobile payments, financial inclusivity becomes more critical. TANGO V8 enables institutions to expand their reach by supporting diverse payment channels, from traditional banking services to fintech innovations. Its advanced routing and clustering capabilities empower financial service providers to deliver seamless, secure, and scalable payment solutions to underserved regions, thereby bridging the gap between traditional banking and modern financial services.
 
Conclusion: Shaping the Future of Payments
Our product, TANGO V8, represents more than just an upgrade—it is a strategic evolution designed to reshape the payments landscape. By building upon the strong foundation of TANGO V7 and introducing cutting-edge enhancements, we empower financial institutions to stay ahead of industry trends and customer expectations. With improvements in performance, cloud capabilities, security, and routing efficiency, TANGO V8 ensures that financial institutions are prepared for the next wave of digital transformation.

As the world moves towards a fully digital economy, Lusis Payments remains committed to providing innovative solutions that drive progress and redefine the future of payments.

​To learn more about how our product, TANGO V8, can transform your payment processing capabilities, contact:
 
Brian Miller
General Manager
Lusis Payments
315 Montgomery Street #900 
San Francisco CA 94104
​(+1) 415 829 4577
​​[email protected]
www.lusispayments.com

​As we step into 2025, Lusis Payments is thrilled to announce a wave of new customers converting their legacy payment systems to our flagship solution, TANGO. This marks a significant milestone in our mission to transform the global payments landscape, providing cutting-edge technology and unparalleled adaptability to businesses worldwide.
 
Accelerating Growth in Retail
TANGO has seen tremendous growth in the retail industry, underscoring its ability to meet the sector's dynamic needs. As retailers face ever-evolving customer expectations and an increasingly competitive marketplace, TANGO’s advanced architecture is proving to be a critical enabler of success. Its flexibility and scalability empower retail clients to deliver seamless, secure, and efficient payment experiences that drive customer satisfaction and loyalty.
 
The Robustness of TANGO
What sets TANGO apart is its robust microservices architecture, which provides a solid foundation for payments modernization. Unlike traditional monolithic systems, TANGO’s modular design allows businesses to implement updates and new features incrementally—minimizing downtime and reducing costs. This agility ensures our clients stay ahead of emerging trends and regulatory requirements while continuously enhancing their operations.
 
Adapting to a Changing Marketplace
The payments industry is in constant flux, with technological advancements and market demands evolving at an unprecedented pace. TANGO’s adaptability equips our clients with the tools to meet these challenges head-on. By offering tailored solutions and seamless integrations, TANGO ensures businesses can innovate rapidly while maintaining operational stability.
 
Success Stories of TANGO Adoption
The decision to embrace TANGO has yielded tangible results for our clients:

• Leading Global Bank: One of the world's largest financial institutions transitioned to TANGO, achieving a 50% reduction in total cost of ownership. The bank praised TANGO's superior agility and impressive cost savings, highlighting its ability to handle high transaction volumes with ease.
• Dynamic Currency Conversion (DCC) Implementation: A prominent North American bank adopted Lusis Payments' DCC solution, enhancing the customer experience for international cardholders. This implementation not only improved transparency and trust but also generated additional revenue streams for the bank.
• Global TANGO Expansion: Throughout 2024, TANGO expanded its presence worldwide, driven by strong advocacy from our client base. Clients have successfully migrated from legacy platforms like BASE24 and Postilion to TANGO, achieving better control and significant cost savings.

Why Clients Choose Lusis
The decision to transition to TANGO is about more than just technology; it’s about partnering with a trusted leader in payments innovation. With decades of expertise, Lusis Payments is committed to delivering future-proof solutions that not only meet today’s demands but anticipate tomorrow’s opportunities.
 
Looking Ahead
As we welcome new clients to the Lusis family, we’re excited to see how TANGO will continue to reshape the payments ecosystem. From enhancing efficiency to driving growth in retail and beyond, TANGO remains at the forefront of payments technology—delivering unmatched value to our clients.

​In an increasingly globalized world, travelers and businesses frequently encounter the need to convert currencies, often at the point of sale or during ATM transactions. This process, while essential, can sometimes be cumbersome and costly. However, Lusis Payments is transforming the landscape of currency conversion with their innovative Dynamic Currency Conversion (DCC) solution.

What is Dynamic Currency Conversion (DCC)?
Dynamic Currency Conversion is a service that allows international cardholders to view transaction amounts in their home currency at the point of sale or ATM. This transparency provides a better customer experience by eliminating the uncertainty of foreign exchange rates and potential hidden fees.

Lusis Payments' DCC Solution
Lusis Payments has developed a state-of-the-art DCC solution that integrates seamlessly with existing payment infrastructures. This service is offered by a leading North American bank to its customers and is also provided as a service to several other banks. Here’s how Lusis Payments is making a difference:

1. Enhanced Customer Experience: By displaying the transaction amount in the cardholder's home currency, customers can immediately understand the cost without doing mental conversions or worrying about unfavorable exchange rates.
2. Transparency and Trust: With the DCC solution, customers are fully aware of the exchange rate applied to their transaction, fostering trust and loyalty.
3. Revenue Generation for Banks: Banks offering DCC services can generate additional revenue through a markup on the exchange rate. This is a win-win, as customers appreciate the convenience and banks benefit financially.
4. Seamless Integration: Lusis Payments ensures that the DCC service integrates smoothly with existing systems, minimizing disruption and maximizing efficiency.

Success Story: A Leading Bank and Lusis Payments
The adoption of Lusis Payments' DCC solution by a leading North American bank has been a resounding success. By leveraging this technology, the bank has not only enhanced the customer experience for its international cardholders but has also positioned itself as a forward-thinking financial institution. This service has allowed the bank to extend its reach, providing DCC services to other banks and broadening its impact in the financial sector.

Looking Ahead
The partnership between Lusis Payments and this prominent bank is just the beginning. As more banks recognize the value of offering a transparent, customer-friendly currency conversion service, Lusis Payments is poised to lead the way. Their innovative DCC solution is set to revolutionize the way we think about currency conversion, making it a more seamless, transparent, and profitable process for all parties involved.

Conclusion
Lusis Payments' Dynamic Currency Conversion solution is a game-changer in the financial industry. By prioritizing customer experience, transparency, and seamless integration, Lusis Payments is not only meeting the needs of today’s global travelers but also paving the way for a more connected and efficient financial future. Partnering with a leading North American bank, Lusis Payments is proving that innovation in currency conversion is not just possible, but essential.
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For more information about Lusis Payments and our DCC solution, contact Brian Miller at [email protected].