Saturday, June 3, 2023

BPC is a great enabler of digital payments based on digitization and AI

With over 27 years of experience, BPC is dedicated to providing digital and intelligent payment technology solutions in the context of end-to-end collaboration for banks, payment providers, the retail industry, governments, and telecommunication companies.

Driving innovation in payments based on digitalization, and artificial intelligence and building an ecosystem through its global technology platform, SmartVista is recognized as a global leader for its focus, experience, and industry knowledge.

BPC connects all aspects of the daily life of a consumer, commerce, companies, and governments, creating an ecosystem using digital technology with processing platforms: switching, front and back office, interoperability, and disruptive digital enrollment, a model that allows full-scale or incremental addition to their customers’ value propositions: Banks, Fintechs, who want to build models and solutions where the acquirer in payments, networks, ATM companies, non-banking correspondents, dataphone administrators, telcos, speed pace, Government entities, and cities, with the solution for all its customer’s Access to transport without using cash with a strong layer of digital security through fraud prevention and monitoring model, based on artificial intelligence, which is based on real-time Allows for sustainable mobility with timely response capability.

Transactions become secure to the extent that all its participants develop a complete collective trust, investing in new tools that allow interception and monitoring of all transactions in real-time, not only those carried out with cards Gone but also ACH; Mobile and web platforms as well as the use of QR. “The SmartVista fraud solution allows for a holistic view of that customer, using machine learning and real-time monitoring to prevent fraud with a comprehensive approach. Today, there are many fraud solutions on the market, but only a few that have this comprehensive analysis capability. That’s why Quadrant, for the third year in a row, awards us as a leading player in fraud management globally”, explains Santiago Egas, CEO of Latin America and the Caribbean.

“We have shown exponential growth by implementing our technology solutions on a global scale, acquiring over 350 customers worldwide, in over 90 countries, in 27 years; Neobank in agriculture, with a diverse set of clients from all kinds of fintech and digital marketplaces. Developing solutions to pay efficiently, securely, and digitally for the world’s public transport. This makes us a strategic partner for our customers beyond just a technology provider”, explains Juliana Peña, Business Vice President for Latin America and the Caribbean. This has enabled them to establish a sustainable and mature business in Asia, Australia, Africa, Europe, Canada, and Latin America. This has allowed rapid growth to establish itself as a global leader that understands the needs of all markets.

In Colombia, they have been there for more than 8 years, being an active part of the transformation of the entire payment model. In Latin America, they are present for more than 14 years, with a team of experts and a structure ready to serve customers and projects technically more than 100 people, among Colombia, Panama, Ecuador, Mexico, and Chile and distributed globally, basically, in Europe and Asia.

A company that focuses its strategy on being a full integrator in the payments industry; Value-added digital solutions for issuance and acquisition, transaction switching, instant payments, open finance, integration of all, excluding unbranded and closed schemes,” means that SmartVista and its modules are built from end-to-end layers Can be integrated or modular form. Sometimes technical infrastructure change is not that easy to change and BPC can do it partially and in phases. It is very relevant to the industry and provides immense value”, Egas insisted.

BPC is a centralizer of these ecosystems and the means of the payments industry and its growth, “This fills us with the conviction to support all these business developer agents who generate scale and execution in our country’s transformation, And do we pay in Colombia the way they do? We believe in what it means to evolve in terms of payments easily and securely. At BPC, we are committed to supporting these developments in all markets, Peña said. We support it, which is why Colombia is our priority.

The company understands the exponential contribution that the growth and expansion of electronic and digital means of payments provide to economies of scale as well as the transformation of transport payments, the government’s agenda around the distribution of benefits, and subsidies to a better quality of life. Life for Colombians, as well as the integration of new models.

World Nation News Desk
World Nation News Desk
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