Banco Davivienda, one of the largest banks in Colombia, signed an agreement with the global payment innovator Verrency to be a launching partner in Latin America.
The agreement allows Banco Davivienda to take advantage of the Verrency platform to test and quickly launch new card programs, payment services and solutions for fintech partners, for its consumers and small business customers.
The treaty gives Davivienda the ability to quickly test and implement a series of value added cards, wallet and consumer payment solutions. That includes payment with points, merchant financed offers, and card control, among others.
Both Verrency and Banco Davivienda are active global participants in the Plug and Play Technology Center. And Verrency is the first Fintech selected for three Global Plug and Play locations.
Verrency’s list of institutional clients includes banks such as Emirates NBD’s Liv. The fastest growing bank in the UAE targeting millennials through lifestyle-based banking experiences. Volt Bank, the first independent 100% digital bank in Australia. UnionPay, the largest card network in Asia. And now, Banco Davivienda in Latin America.