Capgemini, First Data form alliance to provide next-gen payment solutions

Payment technology company First Data and Capgemini have formed a global alliance to develop next generation payment technology software using First Data’s VisionPLUS and AccessPLUS solutions. The new solutions will provide enhanced servicing and channel integration, accelerated implementations, and improved local payment solutions coverage to clients around the world.

This collaboration will leverage Capgemini’s global vertical industry and payments expertise and First Data’s suite of payments solutions, assisting clients in sectors, including financial services, retail, public sector, telecommunications and media, in growing their businesses, mitigating risk and improving operational efficiencies. Capgemini will serve strategic roles as value added reseller, payment processor and managed services provider in a number of global markets. As part of this alliance, Capgemini will also become a holder of a developer license to offer development services and systems integration services to First Data’s VisionPLUS and AccessPLUS licensees. “With the rapid evolution of the payments marketplace impacting many key vertical industries, our clients recognise the need for highly flexible, scalable, and easily integrated solutions that can meet dynamic customer demands, regulatory changes, security threats and emerging competition from alternative players,” said Thierry Delaporte, CEO, Capgemini Financial Services. “Coupling First Data’s comprehensive payment solutions portfolio with Capgemini’s deep technology expertise and payments industry experience (with over 100 implementations globally) enables us to provide a global, market-leading payments platform and solutions portfolio to clients.” The First Data-Capgemini alliance is expected to begin delivering new solutions in the second quarter of this year.