Banisi drives its banking digital transformation with cards powered by Pomelo

Banisi continues to advance its digital transformation strategy by incorporating our technology infrastructure into its card platform to offer increasingly agile, simple, and secure financial experiences for its personal and corporate clients.

This modernization is part of Banisi's long-term strategy, focused on strengthening its digital capabilities, optimizing operational processes, and continuing to build a banking experience centered on the needs of its clients.

Banisi's digital transformation with Pomelo

Banisi's digital transformation represents a key step in its innovation strategy to continue offering a more efficient, flexible, and prepared banking service to meet the new market expectations.

With our technology, Banisi strengthens the infrastructure supporting its financial products, incorporating capabilities that allow for more efficient, scalable, and secure management of its operations.

"Users expect increasingly simple, agile, and secure financial experiences. Banisi understands this need and is strengthening its infrastructure to continue evolving its value proposition. We are excited to accompany them in this process with state-of-the-art technology, ready to scale and respond to the challenges of modern banking," said Antonio Santiago, Business Development Manager for the Andean Region at Pomelo.

What Pomelo services does Banisi use?

As part of this transformation, Banisi incorporated our financial infrastructure solution for issuance and processing into its card portfolio to strengthen the comprehensive management of its products and operations. They will now be able to manage the complete lifecycle of their financial products more efficiently, from authorization and processing of transactions to security and product management.

The implementation included:

• Processing: real-time transaction processing with advanced authorization logic, security tools, and direct connection to the Visa network, allowing for more efficient and reliable operation.
• Visa Debit card issuance: technological infrastructure for the comprehensive management of the Visa Debit card lifecycle, strengthening customer experience and operational management.

And we are already working together for the incorporation of:

• Credit core: comprehensive credit lifecycle management platform, providing modularity and granularity in the parameterization of products and functionalities.
• Visa Credit Card Issuance: capabilities for comprehensive management of the credit card portfolio, from its configuration to its operational management.
• Tokenization: our tokenization technology and integration with Apple Pay and Google Pay to offer NFC payments to users through their mobile devices, such as cell phones or smartwatches.
• 3D Secure: security layer to confirm the identity of people making online purchases with cards, aiming to prevent fraud such as the use of stolen or cloned cards.
• Dynamic CVV: technology to enhance card security that automatically generates a new security code for each purchase or every few minutes.

This combination of solutions allows Banisi to continue evolving on a modern, flexible, and scalable financial infrastructure, prepared to support the bank's growth and its customers' expectations.

“This alliance with Pomelo is not just a technology change; it is a milestone that confirms our strategy and our vision of where Banisi is headed. We found a partner that moves at our pace and gives us the power to do more, faster and better: launching new products with agility, having more control over our operation, and above all, offering our customers a simpler, more agile, and safer experience. This is how we continue to evolve Banisi.” — Juan Emilio Lasso, Executive President of Banisi

A new milestone for financial innovation in Panama

The incorporation of these capabilities represents an important step in Banisi's digital transformation strategy and reaffirms its commitment to innovation, security, and the continuous improvement of the financial experience.

At Pomelo, we continue to support leading financial institutions in Latin America that seek to drive the evolution of their services through flexible technology, state-of-the-art infrastructure, and solutions designed to build better experiences for their customers.