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Lusis Payments' TANGO: Leading the Way into 2025

1/29/2025

 
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​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.

Revolutionizing Currency Conversion: Lusis Payments' Dynamic Currency Conversion (DCC) Solution

8/25/2024

 
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​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].

Revolucionando la Conversión de Moneda

8/23/2024

 
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La Solución de Conversión Dinamica de Divisas (DCC) de Lusis Payments
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En un mundo cada vez más globalizado, los viajeros y las empresas se encuentran frecuentemente con la necesidad de hacer conversión de moneda, a menudo en el punto de venta o durante transacciones en cajeros automáticos. Este proceso, aunque esencial, a veces puede ser engorroso y costoso. Sin embargo, Lusis Payments está transformando el panorama de la conversión de moneda con su innovadora solución de Conversión Dinámica de Moneda (DCC, por sus siglas en inglés).

¿Qué es la Conversión Dinámica de Divisas (DCC)?
La Conversión Dinámica de Divisas es un servicio que permite a los titulares de tarjetas internacionales ver los montos de las transacciones en su moneda de origen en el punto de venta o en el cajero automático. Esta transparencia ofrece una mejor experiencia al cliente al eliminar la incertidumbre sobre las tasas de cambio y las posibles tarifas ocultas.

La Solución DCC de Lusis Payments
Lusis Payments ha desarrollado una solución DCC de última generación que se integra perfectamente con las infraestructuras de pago existentes. Este servicio es ofrecido por un banco líder en América del Norte a sus clientes y también se proporciona como un servicio a varios otros bancos. Así es como Lusis Payments está marcando la diferencia:
  1. Mejora de la Experiencia del Cliente: Al mostrar el monto de la transacción en la moneda de origen del titular de la tarjeta, los clientes pueden comprender inmediatamente el costo sin necesidad de hacer conversiones mentales ni preocuparse por tasas de cambio desfavorables.
  2. Transparencia y Confianza: Con la solución DCC, los clientes son plenamente conscientes de la tasa de cambio aplicada a su transacción, fomentando la confianza y la lealtad.
  3. Generación de Ingresos para los Bancos: Los bancos que ofrecen servicios DCC pueden generar ingresos adicionales a través de un margen en la tasa de cambio. Esto es beneficioso para ambas partes, ya que los clientes aprecian la conveniencia y los bancos se benefician financieramente.
  4. Integración Perfecta: Lusis Payments garantiza que el servicio DCC se integre sin problemas con los sistemas existentes, minimizando las interrupciones y maximizando la eficiencia.

Caso de Éxito: Un Banco Líder y Lusis Payments
La adopción de la solución DCC de Lusis Payments por parte de un banco líder en América del Norte ha sido un rotundo éxito. Al aprovechar esta tecnología, el banco no solo ha mejorado la experiencia del cliente para sus titulares de tarjetas internacionales, sino que también se ha posicionado como una institución financiera innovadora. Este servicio ha permitido al banco ampliar su alcance, proporcionando servicios DCC a otros bancos y aumentando su impacto en el sector financiero.

Mirando al Futuro
La asociación entre Lusis Payments y este prominente banco es solo el comienzo. A medida que más bancos reconocen el valor de ofrecer un servicio de conversión de moneda transparente y amigable para el cliente, Lusis Payments está listo para liderar el camino. Su innovadora solución DCC está destinada a revolucionar la forma en que pensamos sobre la conversión de moneda, haciéndola un proceso más fluido, transparente y rentable para todas las partes involucradas.

Conclusión
La solución de Conversión Dinámica de Divisas de Lusis Payments es un cambio de juego en la industria financiera. Al priorizar la experiencia del cliente, la transparencia y la integración sin problemas, Lusis Payments no solo está satisfaciendo las necesidades de los viajeros globales de hoy, sino que también está allanando el camino hacia un futuro financiero más conectado y eficiente. Al asociarse con un banco líder en América del Norte, Lusis Payments está demostrando que la innovación en la conversión de moneda no solo es posible, sino esencial.

Para obtener más información sobre Lusis Payments y nuestra solución DCC, contacte a Mercedes Fabilia en [email protected].

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LUSIS LITERATURE

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​LUSIS EVENTS
LUSIS NEWS
- Lusis Payments Welcomes Mark Schermann as Global Head of Sales
- Transforming the Payments Industry with Tango V8
-Lusis Payments' TANGO: Leading the Way into 2025
-Season's Greetings from Lusis Payments
-Revolutionizing Currency Conversion: Lusis Payments' Dynamic Currency Conversion (DCC) Solution
-Navigating the Future of Payments: 
Mastercard and Lusis Payments Forge a New Path

-Revolutionizing Banking Operations: The Unmatched Appeal of Lusis Payments' TANGO Platform
-Redefining ATM Management: Introducing Lusis Payments ATM Software Powered by TANGO
-Fraud Prevention Technology on the HPE NonStop Platform
-Celebrating Success and Wishing You a Merry Christmas and Prosperous New Year!
- Transforming Banking Landscapes: The Rise of White Label ATMs
-Using HPE NonStop SQL/MX in Modern Computing
- Sopra Banking Software and Lusis Payments Join Forces 
- Mastercard broadens availability of its services with Lusis Payments Partnership
- Creating Enhanced Payments Agility
- Happy New Year! 2022 Highlights
- Banking on the Cloud
- Enriching the Branch Experience
- NEW: TANGO V8.1 with Cloud-Native Support
- A Reflection on Payments Fraud - 2022 and Beyond
- Is a revolution in consumer-centric payments inevitable?
- Changing the Payment Card Monopoly: What Does it Take?
- Is Russian software trustworthy?
- A Lusis Payments Reflection on 2021 ​
- Payments Q & A with Dave Smith
- Can financial services institutions rise to the challenge of FinTech?
- Infrastructure Decision Making - Five Key Principles
​- Preparing Your Payments Infrastructure for the Next Decade: A Guide for Financial Services Institutions
- Play to Win with TANGO for Retail Payments
- TANGO: Fast-Track to Cloud Payments
- Next Generation ATM Services
- Leading ATM Processor Chooses TANGO
- A new TANGO Benchmark on NonStop
​- Why Companies are choosing TANGO to replace their Legacy Systems
​
- HPE GreenLake for Financial Payment Systems in Partnership with Lusis Payments​
- Leading Global Bank relies on TANGO for superior agility & impressive cost savings
​- Bayesian and Dempster-Shafer models for combining multiple sources of evidence in a fraud detection
- HPE NonStop for Lusis TANGO
- Cover story in "The Connection" magazine
   Tango V8 – An Implementation of Micro services 

- Fighting Fraud with the Latest Technologies TANGO AIF
- Lusis Payments Announces N American Support Center
- Research Chair: AI Applied to the Detection of Payment Fraud and Trading

- Lusis named Best Electronic Payment Systems
- Article:  A SME in the Big Leagues

​- ​TANGO 10K TPS in the Cloud
- Lusis Makes Strides to Revolutionize Payments Technology
- Lusis Leverages the Power of Artificial Intelligence
​- New Security Requirements for ATM and POS Introduced by PCI-PIN V3PIN V3: TR34 - TR31
​- TANGO - Stress Test on  HPE NonStop L-Series

- A Comparison of Machine Learning Techniques for Fraud Detection
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