HAPPY NEW YEAR! 2022 HIGHLIGHTS

As we begin the New Year, we’d like to express our deepest gratitude to all our clients, partners and teammates for making it an exceptional year.
 
We would like to highlight four major milestones in 2022:
 

• Lusis formed a partnership with Mastercard Access which expands payment platforms for Mastercard while allowing Lusis to connect to previously unreached payment flows, both MA and non-MA processed payment flows and services. The partnership also creates additional market reach for MC and expands our North American customer base by allowing multiple schemes, networks and services. Customers benefit with simplified access to more networks, reduced time to market, costs, integration resources, and Mastercard services via API.
  

 

• Another major highlight includes a strategic investment agreement with Bank of America. This agreement provides Bank of America a minority shareholding in Lusis Payments and an appointed representative on the Lusis board. Lusis technology is playing a crucial role within Bank of America’s payments services. The TANGO suite from Lusis Payments is a leading retail payments solution for acquiring, routing, switching, authentication, authorization, and fraud prevention. “We are proud to serve Bank of America’s payments needs with our TANGO software. This latest agreement deepens our relationship and ensures that Lusis Payments remains on the forefront of global Retail payments innovation”  -Philippe Preval, CEO Lusis Payments. Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
  

 

• 2022 saw banks giving significant attention to their “Cloud Strategy”, whether it be in the planning stages or early implementations. The question that banks need to ask themselves concerning their Cloud Strategy is what software investments are required to improve operational efficiencies, streamline the customers’ journeys, and increase competitive agility. Simply shifting the same tired, poorly integrated ‘software blobs’ into the cloud may save a few bucks, but it does very little to Transform their business. With our proven cloud-based TANGO deployments, Lusis has seen a dramatic increase in interest for our Cloud solutions that improve an organization's operational efficiencies and customer experiences. Our partnership with HPE as their chosen payments solution for the GreenLake cloud platform further indicates our expertise in the cloud space.
  

 

• Lusis continues to expand our technical resources around the globe with a new office in Mexico and the expansion of our Toronto office.  
  

As we look forward for 2023 which includes many new announcements to share, we would like to wish all of our customers, partners and staff a Happy and Prosperous New Year!!