TPS Worldwide has signed a global strategic partnership with Timestream Management & Solutions. This includes the two-way flow of businesses where both partners will use their products, solutions, and services to address the future digitalization needs of their customers around the world.
TPS Worldwide is a technology provider offering full-stack digital & payment platforms for mobile-first commerce covering consumer and business segments. TPS is serving 100+ institutions across the Middle East, Africa, Europe, South East Asia, and the Americas; enabling banks, central banks, fintech, telecom, and payment processors. The platform bridges traditional and new-age payment products broadly covering wallet management, digital banking, cards – multicurrency & virtual issuance, instant payments, remittance, payment aggregation, e-commerce, and in-store merchant acquiring solutions.
For TPS, the partnership is part of the company’s ongoing commitment to lead in digital payments industry. With a lot in the store to be announced, as the first step, both companies are creating value for their clients by automating their rapidly growing digital transactions’ reconciliation and settlement. It will help customers to break operational silos, bringing efficiency to a secure automated environment.
Timestream Management & Solutions brings eons of cumulative industry experience in innovating, designing, and delivering quality solutions in the banking and other industries addressing the operational excellence niche. Timestream is established with a mission to provide state-of-the-art technologies-based solutions enabling organization agility through digital transformation.
Speaking at the occasion, Shahzad Shahid, Group CEO TPS Worldwide, said “TPS is a leading player in the digital payment and banking space and we continue to find ways to better serve our clients. TPS partnership with Timestream is aimed to help the businesses of all sizes get the desired benefit of the digitalization with the well-researched and specialized solutions that we have been jointly working on. Businesses globally are investing heavily on technology, but most of them are struggling to achieve the objectives which proper use of technology otherwise promises. This market gap and operational efficiency is the real reason for the two of us to come together.”
Shahid Osmani, Managing Director Timestream, commented, “We are excited about our partnership where the two organizations complement each other. Leveraging on Timestream’s international business acumen and enabling technologies experience and TPS’ rich portfolio of fintech products and regional outreach.
We are confident that our strategic partnership will not only facilitate agile and digital transformation for clients but will also help them meet new challenges in this VUCA world.
Timestream developed and envisioned solutions and TPS strengths provide the impetus to jointly offer converged solutions for the emerging and rapidly expanding digital marketplace.”
