Stanchion Payments provides a modular payment fabric and orchestration platform, Verto, that overlays legacy payment switches with API‑first digital services such as tokenisation, Click‑to‑Pay, and secure PIN management. The solution enables banks, acquirers, and fintechs to add new payment capabilities quickly without replacing core infrastructure, while SwitchCare monitoring and professional services reduce integration risk and operational overhead.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and payment processors often rely on legacy payment switches and core banking systems that are difficult to integrate with modern digital channels, leading to slow time‑to‑market for new services, high operational risk, and limited scalability.
Solution
Stanchion Payments offers a modular payment fabric and orchestration platform (Verto) that connects existing core and switch environments to API‑first digital payment services. The solution abstracts legacy complexity, enabling banks, acquirers, and fintechs to add capabilities such as Click‑to‑Pay, tokenisation, dynamic security codes, and secure PIN management without replacing core infrastructure. Expert‑led consulting and the SwitchCare monitoring service provide proactive support, reducing integration risk and ensuring operational resilience. Partner integrations further extend functionality while preserving existing technology investments. Together, these components accelerate the launch of new payment products, improve transaction performance, and lower total cost of ownership.
Target Audience
Primary customers are banks, card issuers, acquirers, and payment processors that operate legacy payment switches and need to modernize their payment ecosystems while maintaining existing core systems.
Features
- Modular payment fabric that overlays legacy switches (e.g., Postilion, Universal Payments) with modern APIs
- Verto orchestration engine for rapid integration of new payment features and services
- Pre‑built digital capabilities such as tokenisation, Click‑to‑Pay, dynamic CVV, and PIN management
- SwitchCare monitoring suite with real‑time observability, issue detection, and expert support
- Professional services for end‑to‑end integration, regulatory alignment, and migration planning
- Partner solutions ecosystem that adds security, scalability, and additional functionality via vetted third‑party technologies
- API‑first, composable architecture designed for scalability across global payment networks