Overview
The changing face of the payment industry, competition and stringent regulatory requirements pose a challenge to financial institutions for innovating new products and services.
Further, today’s new-gen millennials form a significant part of the customer segment and demand personalized, differentiated services.
FSS helps issuers embrace these dynamic shifts. FSS Card Issuance Processing services helps issuers stay ahead of the curve by providing quick-to-market products that help scale customer base and sustain loyalty.
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FSS Debit Card Services Delivery Framework
FSS Issuance Processing Components
Hosted Services Advantage FSS
Rollout innovative card products
We enable you to rapidly expand your product portfolio through our flexible configuration features to rollout innovative card products. Our parameterized business rules enable you to offer new products or modify existing ones in a time-bound and cost-effective way to cater to evolving consumer requirements. In addition, the customisable loyalty management module of our solution helps you extend customer satisfaction and stickiness.
Partnership program
Take advantage of a robust partnership management system to optimize costs, drive service excellence and mitigate risks to derive value from the partner relationship for our clients. FSS’ partnership with multiple card suppliers and personalisation bureaus enable us to offer operational flexibility, scalability and back-up services.
Assures QoS
Assures QoS FSSNeT, FSS private cloud, is designed for rapid scalability, high uptime and availability providing an assured quality of service.
Uncompromising security
Data protection and financial security are of prime importance in a digitally connected world. Our products are PA-DSS 3.2 certified and hosted in a PCI DSS 3.2.1 certified environment. CMMI Dev level 3, ISO 9001: 2015, ISO 27001: 2013 (ISMS) and ISO 22301: 2012 (BCMS) certified processes ensure delivery excellence. These stringent data and operation policies with strong governance models empower banks to build customer trust.
Lower TCO
In a bid to reduce the need for banks to make large one-time investments across the entire spectrum, we offer a ‘Hosted Services’ model that will mitigate these costs in hardware, networking, infrastructure, operations, managing multiple partners and other infrastructural requirements.
Attractive pricing model
Our ‘per card’ based pricing means that the banks get the flexibility to create efficient cost structures and models and avoid the need to invest in infrastructure, people, inventory, etc. We can scale as per the banks’ requirement and projections and also generate cost efficiencies through large volume processing.