First Data and Capgemini have formed a global alliance to develop next generation payment technology software using First Data’s VisionPLUS and AccessPLUS solutions.
The collaboration will leverage Capgemini’s global vertical industry and payments
expertise and First Data’s market-leading suite of payments solutions, assisting clients in numerous sectors, including Financial Services, Retail, Public Sector, Telecommunications and Media, in growing their businesses, mitigating risk and improving operational efficiencies.
Capgemini will serve strategic roles as value added reseller, payment processor and managed services provider in a number of global markets. Capgemini will also actively enable the development of innovative payments solutions leveraging VisionPLUS, AccessPLUS and other First Data and third-party solutions.
These new solutions will provide enhanced servicing and channel integration, accelerated implementations, and improved local payment solutions coverage to clients around the world. As part of this alliance, Capgemini will also become a holder of a developer license to offer development services and systems integration services to First Data’s VisionPLUS and AccessPLUS licensees.
“Never before in the history of financial services has the speed of change been faster, and competition for customers more fierce,” comments Guy Chiarello, president of First Data. “Our singular focus is helping our clients grow their businesses, and this important global alliance with Capgemini helps deliver on that commitment by enabling our clients to navigate an evolving global marketplace with our optimal solutions and deployment expertise.”
The First Data-Capgemini alliance is expected to begin delivering new solutions in the second quarter of this year.
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