Intelligent CIO North America Issue 24 - Page 11

NEWS

Mambu enters strategic partnership with Visa

Kevin Trilli , Chief Product Officer at Mambu , said : “ Customer demand for card services is growing rapidly , whether it is incumbent financial institutions or FinTechs .
“ Strategic partnerships and interoperability of service providers offer the best value , choice , and flexibility for clients , whether they are embarking on Digital Transformation or scaling a new card program . This is a major step to bringing more simple , transparent and connected services to any company offering financial services .

Mambu , a leading cloud banking platform , has announced a global partnership with Visa in order to utilize Visa DPS – one of the largest processors of Visa debit transactions globally . The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card issuing and processing .

Both companies recognized the importance of interconnectivity to meet the growing demand of FinTechs along with incumbent financial institutions . Mambu is developing an integration to Visa DPS that will give institutions more flexibility in offering new card products and services to their customers .
“ We ’ re creating an opportunity for our customers to transform , scale and achieve operational excellence with this integration .
“ Institutions can create their unique customer payment card experiences on Mambu , regardless of whether it is a deposit or loan account and get it rapidly to market . They can then leverage the issuer processing capabilities of Visa DPS to deploy new products and solutions for their customers .”

NTT to expand North American data center portfolio

NTT , a world-leading IT infrastructure and services company , has announced a purchase of land in Prince William County , Gainesville , Virginia , to build a new , large-scale data center campus with a planned 336MW of data center capacity . growth . The development of our new campus in Virginia will be one of 14 on-going projects taking place across the globe ,” said Masaaki Moribayashi , President and Board Director , NTT .

This new campus is a strategic addition to a rapidly expanding portfolio and extends NTT Global Data Centers ’ substantial presence in Northern Virginia . It is also part of an on-going global expansion for NTT , with plans to increase data center operations to more than 1,000MW in over 20 countries and regions by the end of 2022 .
The new 103-acre campus will be built off John Marshall Highway in Prince William County , with plans for the first two-story building to be open in the second quarter of 2024 .
The campus will become NTT ’ s largest single campus in North America , with initial design plans delivering four large-scale buildings offering more than two million square feet of space .
The design will also offer dedicated self-contained areas for largefootprint deployments to support hyperscale clients .
“ The purchase of land in Prince William County is part of a diversified strategy as we look to expand into new and important areas of
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