FinTech: Marqeta And Deloitte Tie Up To Modernize Global Payments

January 24, 2023 | FinTech, News

The strategic alliance will build upon Deloitte’s consulting expertise and the Marqeta high tech card issuing platform.

Deloitte and Marqeta (NASDAQ: MQ), a global modern card issuing platform, have formed a strategic alliance to provide innovative payment solutions and accelerate the payment modernization efforts of banks, fintechs, and payments providers.

The alliance combines Deloitte’s expertise in payments and consulting services with Marqeta’s API-driven platform, which allows for seamless and customized payments experiences. (CISION PR NEWSWIRE)

The goal is to help companies in the payments ecosystem create scalable, innovative digital payment solutions and experiences that increase customer loyalty and drive value.

Marqeta’s CPO, Simon Khalaf said: “By collaborating with Deloitte, we can bring joint go-to-market solutions to life for customers that are seeking to enhance their offerings through payments. Our modern card issuing platform enables our customers to instantly onboard accounts, issue physical and virtual cards and push to digital wallets to allow for immediate spending, while also providing personalized experiences to consumers through our flexible APIs.”

Deloitte’s Zachary Aron, principal, Deloitte Consulting LLP, and U.S. banking and capital markets payments leader said the future of payments is digital modernization and this alliance with Marqeta will further drive business growth for Deloitte and help their clients deliver innovative payment experiences to their customers.

Deloitte provides audit, consulting, tax and advisory services to many of the world’s prominent brands, including nearly 90% of the Fortune 500 and more than 7,000 private companies.

Marqeta has a modern card-issuing platform that helps customers create payment cards, as well as build customized payment procedures using the platform’s open APIs.

Related Story: Amount And Marqeta Collaborate To Help Banks Launch A BNPL Product

Photo by Eduardo Soares on Unsplash

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