Compass Plus Technologies

For the past 15 years, vendors and analysts have been heralding the death of legacy #payments systems. Yet, this still hasn't happened. Instead, we've become an industry of integrators, partnerships, and external hubs of complex spaghetti systems, all unhealthy obsessed with front ends and disregarding the core systems that drive it all. Many businesses are stuck in a legacy mindset, leaving them unable to be truly innovative and forward-thinking. Escape legacy thinking, read our latest white paper with Consult Hyperion today ⬇️

Unlock the full potential of your #payments business 🔓 Many #banks, #FIs and payment processors are trapped in a cycle focused on the front-end, neglecting the vital back-end systems that drive innovation. The desire for immediate returns, focused on the consumer front-end, eclipses all other considerations. Whilst the core struggles, the deployment of new digital channels and the hyper-focus on digital transformation creates more silos, complexity, and puts increasing stress on the core. Our new white paper takes a look at the risks of neglecting core systems in favour of quick fixes. Discover why true innovation starts at the core and how building a digital-first payments ecosystem can lead to long-term success ➡️ https://lnkd.in/esK5QZEn

Tangled up in a legacy tech web? 🕸️ For too long, the industry has had an unhealthy obsession with front-end tech, leading them to neglect the core back-end systems that drive their business. True innovation starts at the core, not the front-end. It’s time for FIs to change their mindset when it comes to #payments ecosystem modernisation. 📖 Want to escape the legacy mindset? Give our latest white paper with Consult Hyperion a read ➡️ https://lnkd.in/eKT9Wrxb

Are you ready for the 3i Africa Summit next week? Our local #payments expert in the region, Mohamed Sefrioui, will be at the event and is eager to share his knowledge and insight. Drop Mohamed a message today to arrange a meeting to discuss how our innovative solutions can take your payments business to the next level 📈

While the digital banking market in South Asia is undergoing an exciting period of change brought on, in part, by new technologies and initiative, many FIs in the region are being weighed down by a lack of connected digital infrastructure, and so, are struggling to keep pace with market demands. Our blog takes a look into the challenges currently facing the #payments landscape in South Asia and how FIs can tackle them ➡️ https://ow.ly/lNko50RvRyv

Pix, an instant payment platform introduced in #Brazil by the country’s central bank, has surged in popularity, challenging the dominance of cash and cards. With Pix's usage skyrocketing by 74% in 2023 alone, facilitating close to 42 billion payments across Brazil and surpassing the number of debit and credit card #payments by 23%, could it potentially replace cards in Brazil? Find out in our latest blog, where we assess the pros and cons of each of the payment methods ➡️ https://ow.ly/CAO450RvQha If you have any questions about the payments ecosystem in Brazil, RAPHAEL M., our local payments wizz will be at ebdi - Enterprise Business Development & Information event, Future Pay on 15th – 17th May. Be sure to drop him a message to arrange a meeting.

📢 Calling all #payments innovators in #Brazil The one and only RAPHAEL M. will be at the upcoming Future Pay by ebdi - Enterprise Business Development & Information on 15th – 17th May 🤝 Want to connect with Raphael during the event? Message him to book a meeting today

Check out our latest use case! Discover how MobiCash Payments assisted one of the largest financial institutions in the Middle East enter the #acquiring space and helped them to: • Launch a first-of-its-kind mobile payment service in Jordan, empowering it to execute its entire acquiring strategy • Develop a solution that appeals to, and is used by various sectors • Launch various value add-ons that go beyond mobile payment acceptance, complementing and supporting the needs of merchants and consumers • Achieve high levels of adoption, reaching over 4,000 registered merchants and 105,000 active users in just three years • Support account-to-account EMV QR code #payments Read it today to find out more ➡️ https://lnkd.in/g9K5J_iH

🌍 Patrick Mowatt is here in #Johannesburg at DigiBank Summit South Africa and will be giving an exclusive talk not to be missed on the #BNPL ecosystem within the region. With 23 years’ experience in payments behind him, be sure you have a chat with him during the event to tap into his knowledge. #DigiBankSouthAfrica #DigiBank

📢 Attention #payments, #fintech and #banking experts in MEA! Mark your calendars as our team is gearing up for Seamless Middle East next month. Come and meet our experts Adil Ahmed, Mohamed H., Eyad Almaaitah, Rustam Bagautdinov, Yasmine SAIF, to talk all things payments 📅 14th – 16th May 🌏 Dubai 📍 Stand H6-A36 #SeamlessMEA #SeamlessMiddleEast