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SPARK Matrix™: Card Management Systems (CMS), Q4 2024

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  Card Management Systems   market research includes a comprehensive analysis of the global market in terms of emerging technology trends, market trends, and future market outlook. This research offers strategic insights for technology vendors to better understand the current market landscape, supporting their growth strategies; and for users to assess different vendors’ capabilities, competitive differentiation, and market position. The research includes a detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix ranks and positions leading Card Management Systems vendors with a global impact. The SPARK Matrix includes analysis of vendors such as Adyen, BPC, Corecard Software, CR2, Enfuce, Fiserv, HPS Openway, i2c Inc, Jack Henry, Marqeta, Network International, Paycore, Paymentology, RS2 Software, Sopra Banking Software, Stripe, Tietoevry, TSYS, and Worldline. A  Card Management Systems  (CMS) is a sophisti...

Card Management Systems

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  In today’s rapidly evolving financial ecosystem, organizations—especially banking and financial services institutions—are increasingly relying on Card Management Platforms (CMPs) to streamline and enhance their payment ecosystems. These platforms play a crucial role by catering to diverse business requirements, from customer and card lifecycle management to merchant acquisition, and by offering seamless integration with various external and internal systems. Key Functionalities and Capabilities Card Management Platforms serve as a central hub to manage the entire lifecycle of payment cards and associated services. Their capabilities include: Customer and Card Lifecycle Management – Overseeing card issuance, activation, maintenance, and deactivation. Merchant Acquisition – Onboarding and managing merchants to expand card acceptance networks. System Integrations – Connecting with Visa, Mastercard, and other card network processors, core banking systems, payment gatewa...