The Next-Gen Card Management System Powered by BLAZE™ is Here

fsstiprod — Thu, 05 Sep 2024 11:05:42 +0000

The Next-Gen Card Management System Powered by BLAZE™ is Here fsstiprod Thu, 09/05/2024 - 16:35

The FSS Card Management System is an end-to-end card management platform that allows banks with faster GTMs for new card products and programs by matching their requirement for greater scale and higher customizability.

FSS CMS provides customers with a host of services like one-click configurations, automated data processing and seamless integration with core banking systems. These, and more such features, help banks reduce manual efforts and improve productivity. FSS CMS also comes equipped with advanced fraud detection mechanisms.

And all of this because FSS CMS is now powered by the cutting-edge FSS BLAZE^TM platform.

FSS BLAZE^TM is the payment platform for digital acceleration. A microservices based platform, it offers seamless growth, uninterrupted performance and effortless integration with modern day digital banking solutions. FSS BLAZE™ is built with the intention of offering technology that enables population-scale development and deployment of future-proof payment systems.

The FSS Card Management System supports the entire card lifecycle, from customer on-boarding and card issuance to portfolio management and post-issuance support. Leveraging the power of BLAZE^TM, the new CMS offers several key benefits:

FSS CMS streamlines card management operations with features like one-click configurations, automated data processing, and seamless integration experience with bank internal systems, reducing manual efforts and improving productivity
The solution empowers cardholders with a suite of programmable card controls, enabling them to manage their spending, set limits, and receive real-time alerts - all through a modern, intuitive mobile app
With its API-first technology stack based on Open API and cloud- and microservices-based architecture, FSS CMS enables banks to rapidly launch new card programs and features, keeping pace with evolving customer demands
The system's cloud-native design ensures seamless scalability and high availability, allowing banks to handle large transaction volumes and onboard new customers with ease
The solution supports innovative payment experiences that can be delivered through prepaid, debit and virtual cards
FSS CMS supports all leading card schemes like VISA, Mastercard, JCB, Diners Club, Discover, Union Pay and Rupay
FSS CMS is equipped with advanced fraud detection mechanisms, including rule-based transaction controls, card tokenization, and biometric authentication, ensuring secure transactions and compliance with industry standards like PCI-S

With the payments landscape evolving rapidly and with customers demanding more innovative, seamless and secure payment experiences, we have built FSS CMS to empower banks and financial institutions to stay ahead of the curve and deliver differentiated card programs that delight customers.

With more than 220 million debit cards so far migrated to the FSS CMS platform and the ability to issue 600,000 cards and PINs daily, the solution has already made a significant impact globally. FSS CMS is currently used by some of the largest public and private sector banks in India. As the payments landscape continues to evolve, the solution is poised to play a pivotal role in shaping the future of the industry.

We've built the next-gen FSS CMS with the vision of enhanced customer experience and a high level of self-configurability, allowing banks to handle new business requirements by way of a few clicks as against a longer cycle of code change. In this era of fintech revolution, banks need to stay ahead of the competition and our commitment to innovation for the payments industry will help them achieve market leadership. After BLAZE™, FSS CMS is another step in this direction.

Learn more about the FSS Issuance suite.