Pan Asia Banking Corporation and Pine Labs have partnered to introduce a comprehensive card management solution for the bank.

Under this partnership, Pine Labs will deploy a robust Credit Card Management System for Pan Asia Bank. This system is designed to handle high transaction volumes and maintain uptime, allowing the bank to offer flexible and scalable credit card products.

Pine Labs’ Credit+ platform will be utilized for end-to-end credit card issuance and management, covering processes from card issuance to billing, payment processing, reconciliation, and settlement.

Implementing a modern card issuing and processing platform

The collaboration focuses on setting up a contemporary credit card management system using Pine Labs’ cloud-native and API-first technology. This initiative aims to streamline the bank’s card lifecycle management, providing the bank with full control over configuration, limits, and program logic as transaction volumes increase.

This partnership is significant for Pan Asia Bank’s digital transformation, enhancing its ability to offer faster, smarter, and more secure card services. It also helps build a scalable infrastructure that supports long-term growth and development.

The Credit+ platform will integrate with the bank’s core banking system and payment networks, delivering rule-based controls and configurable limits via APIs. The custom architecture of this platform enables Pan Asia Bank to quickly introduce new card products, as well as adapt real-time authorizations, modify control settings, and swiftly respond to regulatory or market changes without altering its core infrastructure significantly.