Deloitte and Marqeta Announce Alliance to Speed up Cost Modernization

The strategic alliance will present joint go-to market choices and assist facilitate new cost experiences for banks, fintechs and funds suppliers

NEW YORK, Jan. 23, 2023 /PRNewswire/ — Deloitte and Marqeta, the worldwide trendy card issuing platform, in the present day introduced a strategic alliance to supply progressive cost options and speed up the cost modernization efforts of banks, fintechs, and funds suppliers.

As used in this document, "Deloitte" means Deloitte LLP. Please see  www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. (PRNewsFoto/Deloitte)

As used on this doc, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for an in depth description of the authorized construction of Deloitte LLP and its subsidiaries. Sure providers will not be out there to attest purchasers underneath the principles and laws of public accounting. (PRNewsFoto/Deloitte)

The alliance combines the advantages of Deloitte’s funds experience and consulting providers, together with digital transformation, technique and operations, and analytics, with Marqeta’s API-driven platform, which allows clients to implement seamless and customised funds experiences that meet the wants of in the present day’s client.

With the multitude of cost choices out there in the present day, card suppliers should deliver differentiated worth to their clients to stay aggressive. Shoppers need progressive and safe cost choices out there in a handy, expedited, and personalised method. The alliance between Deloitte and Marqeta is designed to assist corporations within the funds ecosystem to create scalable, progressive digital cost options and experiences designed to extend buyer loyalty and drive worth.

“Deloitte is a trusted identify within the funds and banking ecosystem, and we’re proud to announce this new strategic alliance to assist us attain much more innovators,” mentioned Simon Khalaf, chief product officer, Marqeta. “By collaborating with Deloitte, we will deliver joint go-to-market options to life for purchasers which might be looking for to boost their choices by funds. Our trendy card issuing platform allows our clients to immediately onboard accounts, difficulty bodily and digital playing cards and push to digital wallets to permit for rapid spending, whereas additionally offering personalised experiences to customers by our versatile APIs.”

“The way forward for funds is digital modernization, and we’re centered on advising our purchasers on methods to interact in a strategic, regulated and compliant approach,” mentioned Zachary Aron, principal, Deloitte Consulting LLP, and U.S. banking and capital markets funds chief. “We consider this alliance with Marqeta will additional drive enterprise development for Deloitte and can assist our purchasers ship progressive cost experiences to their clients.”

About Marqeta

Marqeta’s trendy card issuing platform empowers its clients to create custom-made and progressive cost playing cards. Marqeta’s platform, powered by open APIs, provides its clients the power to construct extra configurable and versatile cost experiences, accelerating product growth and democratizing entry to card issuing expertise. Its trendy structure gives prompt entry to extremely scalable, cloud-based cost infrastructure that permits clients to launch and handle their very own card packages, difficulty playing cards and authorize and settle transactions. Marqeta is headquartered in Oakland, California and is enabled in 39 international locations globally. For extra info, go to www.marqeta.com, Twitter and LinkedIn.

About Deloitte

Deloitte gives industry-leading audit, consulting, tax and advisory providers to lots of the world’s most admired manufacturers, together with practically 90% of the Fortune 500® and greater than 7,000 non-public corporations. Our individuals come together for the better good and work throughout the {industry} sectors that drive and form in the present day’s market — delivering measurable and lasting outcomes that assist reinforce public belief in our capital markets, encourage purchasers to see challenges as alternatives to rework and thrive, and assist cleared the path towards a stronger financial system and a more healthy society. Deloitte is proud to be a part of the biggest international skilled providers community serving our purchasers within the markets which might be most necessary to them. Constructing on greater than 175 years of service, our community of member corporations spans greater than 150 international locations and territories. Find out how Deloitte’s greater than 415,000 individuals worldwide join for influence at www.deloitte.com.

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Deloitte refers to a number of of Deloitte Touche Tohmatsu Restricted, a UK non-public firm restricted by assure (“DTTL”), its community of member corporations, and their associated entities. DTTL and every of its member corporations are legally separate and impartial entities. DTTL (additionally known as “Deloitte World”) doesn’t present providers to purchasers. In the US, Deloitte refers to a number of of the US member corporations of DTTL, their associated entities that function utilizing the “Deloitte” identify in the US and their respective associates. Sure providers will not be out there to attest purchasers underneath the principles and laws of public accounting. Please see www.deloitte.com/about to study extra about our international community of member corporations.

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SOURCE Deloitte

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