Technisys to Empower Rellevate’s Break-Through Digital Banking, Wage Advance, and Payments Platform – Yahoo Finance

Technisys to Empower Rellevate’s Break-Through Digital Banking, Wage Advance, and Payments Platform  Yahoo Finance

STAMFORD, Conn., Jan. 27, 2020 /PRNewswire/ — Rellevate, LLC, a digital banking fintech company aimed at facilitating consumers’ access and use of their money, has selected Technisys as its digital core banking platform provider. Offered primarily via employers, Rellevate’s financial services include digital banking as its core umbrella product with access to payroll, bill pay, and money-sending capabilities linked to employee accounts.

Rellevate logo

Rellevate recently announced an agreement with Visa. Visa DPS will be the system of record and back-end processing engine for the Rellevate Debit product. Technisys will complement the Visa DPS processing platform by adding the power and flexibility of its Cyberbank Digital Platform, a cloud-ready and open API-based platform, designed to interact directly with the Fintech ecosystem, and allow innovative digital experiences for Rellevate banking customers. Cyberbank will enable Rellevate’s customers to receive and send money, make payments and get paid whenever they need cash digitally, without friction on the device of their choice. The platform launches in Q1, 2020.

Stewart A. Stockdale. “Their digital core banking functionality will ideally position Rellevate in the United States and seamlessly allow customers to access, move and use their money – anytime, anywhere.” Stockdale was formerly CEO at J.G. Wentworth, President at Western Union, and SVP Global Marketing & Product Management at Mastercard, among other roles.

Todd Brockman, Senior Vice President, Global Head of Visa DPS, Visa Inc.

Pugliese Bassi, co-founder, CMO and Alliances at Technisys. 

Some of the main benefits that Cyberbank Digital will add to Rellevate are: i) A platform for innovation and growth, that will allow Rellevate to expand its value proposition and pivot to follow their customer’s needs and wants, ii) A cloud-native solution that scales linearly, with which they can follow their demand and sustain amazing performance and service levels, and iii) An open architecture that will enable Rellevate to integrate multiple players (technical providers) and create a truly digital ecosystem.

the United States can track daily wages earned, the number of hours worked in a month and access their earned wages. The service also includes digital banking, debit card services, bill pay, and money-sending capabilities.

www.rellevate.com).” data-reactid=”34″>About Rellevate
Rellevate, LLC is a digital banking services company dedicated to empowering consumers through innovative banking and payment services that allow consumers to access and use their money anytime, anywhere. The company’s suite of financial services, offered primarily via employers, include digital banking, Visa debit cards, access to payroll, bill pay, and send money (www.rellevate.com).

www.technisys.com).” data-reactid=”35″>About Technisys
Technisys is the digital banking technology company. Our next-gen digital banking platform transforms traditional banks to digital, while jumpstarting challenger, neo banks and fintech companies. The company helps financial institutions differentiate through enhanced customer experiences, create platforms for innovation, increase sales, and engage with fintech ecosystems through Open APIs (www.technisys.com).

marketing@technisys.com.” data-reactid=”37″>For more info or to coordinate a call, please contact marketing@technisys.com.

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