Episode Six (E6), a funds and banking infrastructure supplier, has teamed up with Singapore-based DCS Card Centre (DCS) has rolled out Credit score Card-as-a-Service focusing on fintechs in Singapore.
This collaboration permits fintech corporations to concern their very own branded bank cards straight from their buyer interfaces.
Utilising E6’s superior know-how, the time required to launch a brand new bank card is considerably diminished from the everyday length of 4 to 6 months to just some weeks.
The collaboration integrates the strengths of each corporations right into a single platform designed to beat the regulatory, operational, and technical hurdles usually related to such endeavors, enabling quicker innovation throughout the fintech business.
The service features a function for creating digital accounts that assist deposits by way of financial institution transfers or digital property utilizing DCS tokens.
Initially accessible in Singapore, the plan is to broaden this providing to different Asia Pacific markets.
John Mitchell
John Mitchell, CEO and Co-founder of Episode Six stated,
“Fintechs and different corporations that leverage this answer will have the ability to reap all the advantages {that a} modernised cloud-native fee system can present – resilience, scalability, and safety.
Embedded finance is altering the best way we work together with monetary providers and drive innovation within the business.”
Ceridwen Choo
Ceridwen Choo, CEO of DCS Innov—a subsidiary of DCS launched in February 2024 to spearhead digital innovation—acknowledged that the partnership is geared toward establishing a robust infrastructure to guide in embedded funds in Singapore and past.
“Embedded finance, particularly card funds, is top-of-mind for fintechs eager to scale their companies.
E6’s sturdy APIs and presence in main international locations globally, is well-placed to assist fintechs and another manufacturers wanting to include funds into their digital interfaces.”
Featured picture credit score: Edited from Freepik
