Card issuance, cash recyclers and payment cards for performance-based schemes

Instant personalisation, on-site printing and controlled distribution

Key points

  • Secure identification using document verification, biometric verification and liveness detection.
  • Expansion to include real-time compliance, risk and list checks.
  • Ability to integrate with existing third-party, specialist and core systems.
  • A noticeable reduction in the organisational workload and greater consistency in processes.

Management Summary

Target vision

From identification to the immediate, personalised issuance of cards in a single process.

Test modules

Identity, biometrics, duplicate checks, compliance, authorisation checks and, where applicable, credit checks.

Output logic

Instant personalisation and issuance of bank, debit, credit or payment cards on-site.

Programme benefits

High-quality processes for performance-based programmes and social administration expenditure scenarios.

Organisational benefits

Shorter waiting times, fewer interfaces and better documentation.

Use case: Card issuance, cash recyclers and payment cards for benefits-based schemes

MIDAS enables an end-to-end process, from identification through compliance and authorisation to the immediate issuance of a personalised card product at the point of service. When combined with cash recyclers and card issuance, bank cards, debit cards, credit cards or prepaid cards can be issued quickly and reliably on-site.

click
Ausgangs­lage
×
Ausgangs­lage

In many organisations, the identity verification and approval process ends with internal approval, whilst the release of the product is outsourced to a separate, downstream process that is slower. This leads to delays, additional effort and an avoidable disruption in the workflow.

click
Lösung mit MIDAS
×
Lösung mit MIDAS

MIDAS combines identity verification, document checks, biometric verification, duplicate checks, compliance checks and, where applicable, creditworthiness or authorisation checks with immediate card issuance. Once the checks have been successfully completed, the desired card product can be personalised and issued on-site.

This also applies to payment cards used in benefit-based schemes, such as those for social security recipients, where fast, traceable and secure disbursement is required.

click
Nutzen für Banken und Auftraggeber
×
Nutzen für Banken und Auftraggeber

The organisation gains a genuine end-to-end process. The customer leaves the site not just with an approval decision, but with a product that is ready for immediate use. This improves the customer experience, shortens lead times and reduces organisational interfaces.

click
Nutzen für leistungsbezogene Programme
×
Nutzen für leistungsbezogene Programme

When it comes to payment cards for social benefit recipients or similar schemes, MIDAS ensures a high standard of process quality. Eligibility checks, identity verification, personalised issuance and documentation are integrated into a clear and standardised workflow. This reduces processing times and significantly eases the workload on the organisation responsible.

click
Typischer Ablauf
×
Typischer Ablauf

Once the card has been identified and verified, the necessary authorisation, risk and list checks are carried out automatically. The card is then personalised and issued on the spot. All relevant process steps are documented and can be transferred to existing systems.

click
Mehrwert
×
Mehrwert

Immediate product availability, fewer media breaks, higher conversion rates, controlled distribution and a significant reduction in the workload on the back office.