Tietoevry Banking, the market-leading provider of financial SaaS solutions based in the Nordics, has signed a contract with Butterfield in Guernsey to provide a state-of-the-art credit card processing platform as well as card production and personalisation services using sustainable payment cards produced from recycled plastic.
TDeployed as software-as-a-service (SaaS), Tietoevry Banking’s credit ledger offers end-to-end credit card transaction processing, dispute handling, financial crime prevention, customer support and mobile and wallet-based payments.
Butterfield’s credit card offering to Guernsey and Jersey residents, with credit cards issued from Guernsey, will have an environmentally friendly profile and encourages spend at local businesses with the ability for cardholders to earn rewards via cash-back promotions, with a percentage of every spend going to local charities.
Alan Bain, Managing Director, Butterfield Bank (Guernsey) Limited said, “We are pleased to be working with Tietoevry Banking, offering personal credit cards for residents of Guernsey and Jersey, issued from Guernsey. We have chosen to issue Tietoevry Banking’s sustainable card made of 95% recycled PVC plastic as we continue our pledge to operate responsibly, in alignment with universal sustainability principles.”
With its heritage in the Nordics, one of the most digitized regions in Europe, and with a strong presence in the UK serving over 23 banks, Tietoevry Banking has built an industry-standard and sustainable market-leading payment card service.
“We are delighted to be working with Butterfield. This partnership underpins our growth strategy in the UK and Ireland of providing scalable, sustainable, and secure cloud-based card services that meet the industry’s regulatory requirements and offer superior user-experience for both small and large banks,” said Hans Sjölund, Head of Card Sales & Business Development in Tietoevry Banking.