Consumer Payments are the bedrock of commerce – everybody pays.
Globally 75% of Consumer Payments are processed on technologies from the 1970s and 1980s. Virtually all Payment methods are built on top of this dated and expensive infrastructure, significantly hampering the development of the Payments and Fintech industries.
New Payments and Fintech models, channels and currencies strain existing legacy infrastructure, now struggling to support a growing variety of new functionality, currencies and connectivity.
The industry is building new functionality on old rails and, in the end, both Payments and Fintech capabilities are compromised because of it – this is the problem Cranium was created to solve.
Cranium has built the technologies and rails to power the next evolution of the Payments and Fintech industries.