Netbank has selected global payments processor Thredd to power its new Cards-as-a-Service (CaaS) solution. The partnership aims to enable fintechs, e-wallets, and banks in the region to deploy card issuing services for both consumer and commercial segments. The CaaS solution leverages Thredd’s issuing platform to support the creation of both virtual and physical cards. Key features [...] The post Netbank Taps Thredd for Cards-as-a-Service Solution in the Philippines appeared first on Fintech News Philippines.Netbank has selected global payments processor Thredd to power its new Cards-as-a-Service (CaaS) solution. The partnership aims to enable fintechs, e-wallets, and banks in the region to deploy card issuing services for both consumer and commercial segments. The CaaS solution leverages Thredd’s issuing platform to support the creation of both virtual and physical cards. Key features [...] The post Netbank Taps Thredd for Cards-as-a-Service Solution in the Philippines appeared first on Fintech News Philippines.

Netbank Taps Thredd for Cards-as-a-Service Solution in the Philippines

2025/12/11 11:37

Netbank has selected global payments processor Thredd to power its new Cards-as-a-Service (CaaS) solution.

The partnership aims to enable fintechs, e-wallets, and banks in the region to deploy card issuing services for both consumer and commercial segments.

The CaaS solution leverages Thredd’s issuing platform to support the creation of both virtual and physical cards. Key features of the service include advanced spend controls, real-time card creation APIs, a card management system, and integration with Google Pay.

The collaboration targets a market experiencing sustained expansion in digital transactions.

Data cited in the announcement projects that digital payments in the Philippines will grow at a compound annual rate of 13.8% through 2033.

Jim McCarthy, CEO of Thredd, noted that the partnership targets specific growth sectors within the local economy.

Gus Poston, Founder of Netbank, stated that the move addresses existing demand from the platform’s client base.

The initiative is intended to allow Netbank’s partners to launch card products tailored to the evolving needs of the Philippine market.

Featured image by EyeEm via Freepik.

The post Netbank Taps Thredd for Cards-as-a-Service Solution in the Philippines appeared first on Fintech News Philippines.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Economic policies are chasing investors away from US – Mercer

Economic policies are chasing investors away from US – Mercer

The post Economic policies are chasing investors away from US – Mercer appeared on BitcoinEthereumNews.com. A wave of clients are shifting away from U.S. assets as investors react to President Donald Trump’s trade and interest-rate agenda, according to Mercer LLC. The consulting firm says concern over tariffs, pressure on the Federal Reserve, a swelling budget deficit and the risk of a softer dollar are pushing money to Europe, Japan and other markets. Hooman Kaveh, Mercer’s global chief investment officer, said a rising share of the firm’s 3,900 clients, together overseeing about $17 trillion, are reducing U.S. exposure. The opening weeks in the early phase of Trump’s second term “has been a trigger for genuine diversification,” he noted in an interview this week. “We’re certainly seeing that in client portfolios where flows are toward diversifying markets, geographies, asset classes, currencies.” Market nerves were evident in early April after Trump’s “Liberation Day” announcement, when both U.S. stocks and Treasuries fell before rebounding. Even so, U.S. shares have trailed many overseas benchmarks in 2025 for dollar-based investors. Kaveh said investors are struggling to price the tariff path because the effects can cut two ways: either squeeze company margins or get passed through to consumers and lift inflation. “If you have a situation where tariffs are going to push prices up, and the weaker dollar potentially can increase inflation, that would cause the Fed much more of a challenge to cut rates,” he added. As mentione in a Bloomberg report, he called the White House’s preference for a weaker dollar “the Achilles heel to the current approach” since it can magnify the inflation impulse from tariffs. Where the money is going Trump’s repeated criticism of Chair Jerome Powell, saying he has been slow to lower borrowing costs, along with the president’s move to fire Governor Lisa Cook, is further encouraging clients to step back from the U.S., according to…
Share
BitcoinEthereumNews2025/09/18 13:17