Modernising Payment Processing for Global Scale | HPS | Money20/20 Asia 2026

Quick Summary

HPS provides a unified payment platform called PowerCARD that enables financial institutions to manage issuing, acquiring, and switching on a single system. By leveraging cloud-native architecture and open APIs, HPS helps organizations transition from legacy infrastructure to modular payment processing for improved scalability and global reach.

How Does HPS Solve Legacy Payment Challenges?

Many financial institutions struggle with fragmented legacy systems that operate in silos, slowing down innovation and increasing operational costs. HPS addresses this by offering a consolidated software suite that handles the entire payment value chain. This approach allows banks to streamline internal operations and reduce the complexity of managing multiple vendor relationships.

• Single platform for issuing, acquiring, and switching.
• Cloud-agnostic deployment for maximum flexibility.
• API-first design to facilitate rapid third-party integrations.

What Results Has PowerCARD Delivered for Global Banks?

The transition to modular payment technology has allowed HPS clients to achieve significant gains in operational efficiency. By utilizing microservices, institutions can update specific features without taking the entire system offline, ensuring high availability for consumers. The platform currently supports 450+ institutions across more than 90 countries, proving its ability to handle diverse regulatory environments and high transaction volumes.

How Does HPS Support Cross-Border Payment Innovation?

As global commerce expands, the need for interoperable payment rails becomes critical. HPS facilitates this by supporting multi-currency transactions and local payment methods through a single integration point. This enables merchants and banks to expand into new markets quickly, often reducing the time-to-market for new regional launches by over 50% compared to traditional development cycles.

FF NEWS TAKE:

HPS continues to move the needle by proving that unified payment cores are the future of scalable finance. While many competitors focus on niche segments, HPS’s ability to handle the full payment lifecycle—from switching to acquiring—positions them as a critical infrastructure partner. Their commitment to cloud-native modularity is exactly what tier-one banks need to survive the shift away from mainframe dependency.