Fintech-as-a-Service Podcast

An ACS (Access Control Server) is a crucial technology within the 3D Secure (3DS) ecosystem, specifically residing in the Issuer Domain (the cardholder's issuing bank). Its primary function is to act as the "brain" behind the cardholder's authentication experience during an online credit or debit card transaction. Building and certifying your own ACS can take over a year and cost upwards of €100,0...

Dreaming of launching your own card program? In this episode, we dive deep into Verestro's expansive global card issuing capabilities, extending far beyond the European Economic Area. Join us as we explore how Verestro's multi-partner platform empowers businesses worldwide to issue cards and manage diverse payment services with unparalleled ease. From initial contact and technical integration to s...

This podcast episode shows how Verestro integrated the white-label solution with mobile wallet and card issuance features for a loan company. The goal was to modernize the loan disbursement process and improve customer experience. They identified challenges in integrating legacy systems, speed of disbursements, and security, and presented a solution in the form of pre-built electronic wallet funct...

Thinking about launching a card issuing program? It's an exciting step, but avoiding common implementation roadblocks is crucial for success. In this episode, we dive deep into the practicalities of card issuing, sharing expert insights on how to streamline your project. We'll cover everything from understanding the implementation timeline and the importance of rigorous testing, to ensuring knowle...

In today's fast-paced digital world, online shopping isn't just a trend – it's a way of life. But behind every successful click-to-buy is a complex ecosystem of eCommerce payments , shaping the very experience we've come to expect.  Join us as we dive deep into the evolving landscape of online transactions, exploring how convenience and security have become the cornerstones of consumer trust. Tun...

We're talking about a modern payment solution called Payout to xPay, which allows you to transfer money without needing the recipient's card or bank account details. It uses payment card tokens stored in digital wallets such as Apple Pay and Google Pay. The sender generates a payment link, which the recipient opens and selects a card in their xPay wallet to receive the funds. With tokenization, th...

Get to know streamlined KYC and KYB in the world of card issuing. We break down the regulations, explain who owns the money, and explore real-world scenarios in lendtech, insurance, and money transfers. Learn how to navigate these essential compliance requirements. Check out Verestro's solutions! 🌐 https://www.verestro.com/  👨‍💻 https://developer.verestro.com

How to stand out and build customer loyalty? One powerful tool that's gaining serious traction is "cashback". But what exactly is cashback, and how can it transform your business? Join us as we dive deep into the world of cashback programs. We'll break down the fundamentals, exploring how this seemingly simple reward strategy can: Attract new customers: Discover how cashback offers can be a compel...

Navigating the complex world of card issuing? This episode breaks down the critical legal and regulatory landscape, covering everything from payment licenses and AML/KYC compliance to the specific requirements of major payment schemes like Mastercard and Visa.  We explore user verification, transaction monitoring, and the vital role of compliance in ensuring financial security and legitimacy for c...

Building a banking mobile app? This episode dives into the crucial decision between in-house development and a white-label solution. We'll compare the hefty price tag and lengthy timelines of in-house builds (think €1 million and 12-24 months) against the cost-effective and rapid deployment of white-label apps (€40-60k and 2-3 months). We'll also explore the critical factors beyond cost, including...

Confused about Payouts, eCom Transactions, and Card-to-Card Payments ? This episode cuts through the confusion and explains the key differences between these three popular card-based money transfer solutions. We'll explore: When to use each solution: Discover the best fit for topping up user accounts, sending payouts directly to cards, and facilitating seamless card-to-card transfers. The impact o...

Do you want to issue cards to your users? In this episode we describe what is required on your side to implement virtual or plastic cards in your applications. Let's imagine you are a fintech, crypto wallet, lendtech or any other company with a concrete target segment, some or thousands of users and you have a mobile application for your customers. You have decided to go live with card issuance in...

The episode podcast features Verestro, a fintech-as-a-service provider, and compares it to traditional software companies (software houses). The main difference is that Verestro offers off-the-shelf, licensed fintech solutions, focusing on integrations, multi-account processing and payment card processing, rather than custom software development. Verestro stands out for its fast implementation (1-...

Have you already thought about new employee perks at your company? How about issuing and managing lunch cards ? The Verestro Business Control solution enables issuing virtual cards, managing card limits, and more. You can implement the entire business expense management solution or focus on employee benefits exclusively. Listen to our podcast episode and contact us for more details: verestro.com

The PAYOUT TO X-PAYS solution is designed to enhance the user experience by enabling fintechs to offer a streamlined and secure method for clients to execute instant payments directly to Apple Pay and Google Pay tokens. This functionality eliminates the cumbersome process of sharing sensitive bank account or card information, making payouts quicker and more user-friendly. Listen how it works! Read...

This episode focuses on NFC contactless payments on the iPhone. Following the European Commission's decision, Apple has made NFC functionality available to third party apps, allowing them to compete with Apple Pay. Verestro's solution provides integration with tokenization systems and allows companies to quickly implement NFC payments in their apps. 

This episode delves into the critical factors to consider when selecting a BIN sponsor or card issuer . The discussion highlights the importance of understanding revenue-sharing models, cost structures, and functional capabilities. The episode emphasizes the significance of evaluating a partner's financial stability, security measures, and long-term commitment. By addressing these key consideratio...

The podcast episode provides a comprehensive overview of various money transfer methods , including their advantages and disadvantages. It emphasizes the importance of offering multiple options to cater to diverse user needs and preferences. By understanding the strengths and limitations of each method, businesses can optimize their payment strategies and enhance user experience.

The podcast episode discusses the Payouts to Cards solution, offered by Verestro Fintech as a Service, which allows money to be transferred quickly and easily to Mastercard or VISA cards . The service works similarly to traditional bank transfers, but using the card number instead of the bank account number. The main advantages of Payouts to Cards are the speed of the transfer (usually within 30 m...

This podcast episode describes the Verestro fintech service, which allows companies to offer their customers bank accounts with an IBAN number . This service allows a company's customers to transfer money through these accounts, just as they would with traditional banks. Verestro works with several payment institutions and banks to provide IBANs and seamless cash flows to their customers.  Leverag...

Today we're talking about Verestro's Business Control platform , a tool for issuing virtual cards and managing corporate expenses. It can be used for a variety of purposes, such as paying salaries, offering lunch cards, awarding bonuses and prizes, and streamlining the expense management process by automatically processing transactions and invoices. The platform can be customised to meet individua...

This podcast episode discusses the differences between two types of mobile payments: Apple Pay and Google Pay (and other X-Pays) and the Issuer Wallet SDK . While X-Pays are popular and often required, an Issuer Wallet offers greater flexibility, security of user data and lower transaction costs. The speakers emphasise that while the implementation of X-Pays is often mandatory, it is worth conside...

The today's podcast takes a comprehensive look at the financial aspects of card issuance. It focuses on the revenues and costs generated by this business, dividing them into indirect and direct benefits. Indirect benefits include the use of cards as a tool to increase sales, reduce costs or strengthen customer loyalty. Direct revenues from card issuance come from interchange fees, currency convers...

In this episode, we dive deep into the world of Fintech-as-a-Service with a focus on Verestro 's innovative platform. Listen to insights on how Verestro is revolutionizing the fintech industry. We explore the key advantages that set Verestro apart, including: Speed: Learn how Verestro's platform accelerates fintech product development, saving time and resources. Cost-Effectiveness: Discover how Ve...

Welcome to the inaugural episode of the Verestro Fintech-as-a-Service Podcast! In this series, we'll explore the latest trends, innovations, and challenges in the fintech world. Today, we're excited to introduce Verestro , a leading provider of financial technologies. With a commitment to "thinking global and acting local," Verestro offers a comprehensive suite of financial solutions tailored to m...