White-label software platforms and apps for digital banking, e-money payments, point-of-sale, and value added services. Deployed to banks, retail and FMCG groups, mobile operators, and payment and digital service providers.
Where we specialise
Our pedigree is highly scalable transaction processing of the real-time pre- and post-paid mobile network world. Our platforms naturally support extremely high throughput where traditional core banking can’t.
We see the greatest opportunity in meeting the aspirations of growing markets. For more than a decade we have built platforms and apps with these markets in mind.
Our data-rich merchant services enable intelligent machine-learning tools that provide personal insights and incentives supporting your customer’s daily lives.
Better experiences lead to long term loyal and profitable customers. Our platforms, apps, and roadmap are built to anticipate the next expectation.
INSIGHTS
Background 2020 has been a year of global disruption – that none of us was truly prepared for. Phrases like ‘the new normal’ and ‘lockdown’ entered our vocabularies and are now used on a daily basis. In Indonesia, this disruption to life as we knew it has been particularly tough. Lockdowns and social distancing have [...]
The post Case Study – McDonald’s Indonesia appeared first on Youtap Group.
Is your traditional core banking system delivering what you really need? A core banking system can be defined as a back-end system that processes daily banking transactions and posts updates to accounts and other financial records. A typical core banking system would include deposit, loan and credit processing capabilities, which interface with general ledger systems [...]
The post Is it time to upgrade your core banking system? appeared first on Youtap Group.
Banks and Payment Service Providers (PSP) need to be thinking about their digital wallet strategy. Don’t be fooled, there is more than meets the eye with the Digital Wallet. There is a misconception that digital wallets are all about payments. We can all be complacent and think that our customers are happy because they have [...]
The post Are Digital Wallets all about payments? appeared first on Youtap Group.
Part 2 of our of 4 Part Series “What is a Digital Bank?” is officially live! In Part 2 of the series, our world-leading digital banking experts take a look at the Digital Wallet as a pillar of the Digital Banking experience. The traditional banking core is being replaced by a digital core counterpart with [...]
The post Part 2: Digital Banking and the Digital Wallet is live! appeared first on Youtap Group.
Youtap Indonesia reported that it had seen a five-times increase in users and a 4.5-times increase in transactions from June to September. “The rise in users and transactions is due to the change in the behaviour of consumers, who prefer deliveries and cashless payment during the pandemic,” Herman Suharto, CEO – Youtap Indonesia The company’s [...]
The post Jakarta Post: Youtap Indonesia users increase 5x appeared first on Youtap Group.
October 2020 According to Forrester’s Global Financial Services Architecture Survey Q3 2019, nearly 80% of banks say they don’t have the technology required to provide a great customer experience. Forrester suggested looking to digital banking platform architecture providers to provide support for rapid change and continuous transformation. Traditional core banking switches have provided a secure [...]
The post Replacing your Traditional Banking Core with a Digital Wallet appeared first on Youtap Group.
So your mobile wallet lives on your customers phone and allows them to ‘tap and pay’ in stores. Big deal, they want more! A digital wallet will allow you to not only give your consumer ease, convenience and freedom – but also for you as a bank to begin a meaningful relationship with them as [...]
The post Why you need to upgrade from a Mobile Wallet to a Digital Wallet appeared first on Youtap Group.
They have a business model that is digital to the core. Put simply you cannot plaster a digital core over an incumbent bank. A full digital core: Enables them to innovate quickly Offer a wide range of downloadable Apps Onboard customers in a matter of minutes Provide a wide range of tools that enable the [...]
The post What lessons have challenger banks learnt? appeared first on Youtap Group.
Merchant acquisition across our customer base is accelerating with merchants moving away from cash acceptance to cashless. South-East Asia is in the midst of a financial revolution, with more than 50% of the population already using e-Money Wallets, with the expectation that this number will grow to 85% within five years. COVID-19 is driving a [...]
The post COVID-19 is driving e-wallet adoption appeared first on Youtap Group.
This means that issuers and merchants should be adapting their business practices to prioritise these payment methods and capture embrace this change. According to a recent report by Worldpay, digital wallets made up 36% of global e-commerce spend in 2018 and increased to 42% in 2019, with a further increase to 52% forecasted by 2023. [...]
The post Digital wallets are the rocket ships of 2020 appeared first on Youtap Group.
When a challenger bank sets out to build a new bank, does it start with a traditional Core Banking System, or does it start with a Digital Wallet?
Digital Banking and Open Banking are transforming traditional banking. Challenger banks are launching globally with nothing more than a Digital Wallet and a marketing campaign. Where does this leave the traditional banks.
