The Card Management Systems or CMSs were built by the financial institutions offering card products to manage and automate their card portfolios. However, the technology has significantly advanced from signature to magnetic strips to chips. Thereby, the platforms have also evolved to accommodate a variety of payment card types and emerging payment types and remain a critical component of payment infrastructure.
A Card Management System (CMS) provides functionalities to support comprehensive card lifecycle management for debit, credit, prepaid, smart chip, and all multi-application smart card transactions underpinning issuer’s and acquirer’s card payments and services. The CMS platform enables organizations to handle all aspects of card management, billing, supporting multiple payment types including mobile and contactless ones, account management, clearing, settlement, credit scoring, dispute management, microfinance, merchant servicing, among others. It offers a centralized platform for end to end card payment, management, processing, and supporting a wide range of card associated activities and services. The platforms enable issuers to design card products for attracting new customers and increasing card usage for existing ones.
The global Card Management System market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market in various geographical regions and revenue type. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
Quadrant Knowledge Solutions CMS market research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading vendors with a global impact. The positioning is based on the vendors’ performance in various performance parameters on the categories of Technology Excellence and Customer Impact. The Card Management System SPARK Matrix includes analysis of the leading vendors, including ACI Worldwide, BPC, Compass Plus, FIS, Fiserv, OpenWay, Sopra Banking Software, TSYS, and Worldline.
Table of Contents
- Key Research Findings
Market Overview and Trends
Market Adoption Trends
Regional Trends and Forecasts
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Card Management System (CMS) Market
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