SHOCKING REVELATION: The Legacy Payment Industry’s Darkest Secret
Darren Turnbull, CEO of MoData, and Steve Wright of Lusis Payments have joined forces to expose the harsh truth behind the payment industry’s outdated legacy technology.
For decades, banks and major retailers have been shackled by outdated payment platforms that prevent them from adapting to the rapidly changing payment landscape. This has given new digital native players an unfair advantage, while traditional financial institutions struggle to stay competitive.
But now, a brave new partnership between MoData and Lusis Payments has brought revolutionary change to the table. MoData, a leading provider of digital transformation solutions, has been appointed as Lusis Payments’ Africa partner to bring the TANGO payment platform to the continent.
TANGO, the brainchild of Lusis Payments, is a game-changing platform built on a highly performing microservices architecture that allows for agile delivery, flexible configuration, and unparalleled scalability. Its cutting-edge technology has been recognized by top financial institutions worldwide, including major banks and leading retailers.
"We are thrilled to partner with Lusis Payments and offer their TANGO platform to the African market," said Darren Turnbull, CEO of MoData. "This collaboration will enable us to provide financial institutions and major retailers with the most advanced payment technologies available, giving them the competitive edge they need to stay ahead in the market."
Turnbull minced no words in describing the legacy payment technology, labeling it "outdated and riddled with inefficiencies." "For banks, the current payment infrastructure is a liability," he stated bluntly. "Legacy technology holds them back, limiting their ability to innovate and keep up with the changing demands of customers."
TANGO, on the other hand, is a forward-thinking platform designed to help organizations overcome these limitations. Its innovative architecture and configuration capabilities enable banks and retailers to seamlessly integrate new payment methods, eliminate friction, and provide customers with the smoothest, most efficient payment experience possible.
MoData’s Expertise Takes Center Stage
MoData, known for its world-class expertise in AI, KYC, AML, and cyber-fraud orchestration, brings its extensive experience in helping financial institutions transform their payment infrastructures. With MoData’s guidance, clients can leverage TANGO’s scalable and secure environment to streamline operations, reduce costs, and improve control across various payment channels.
Leveraging the power of the cloud, TANGO’s microservices architecture, and MoData’s comprehensive solutions, financial institutions will be empowered to disrupt the status quo and create a brighter, more competitive future.
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