Core Insights - DXC Technology has announced a strategic partnership with Euronet Worldwide to enhance issuing, revolving credit, and payment capabilities for financial institutions globally [1][5] - The collaboration aims to integrate DXC's Hogan core banking platform, which manages over 300 million deposit accounts and $5 trillion in deposits, with Euronet's Ren platform for modern issuing and payment solutions [2][5] Company Overview - DXC Technology is a leading enterprise technology partner that provides software, services, and solutions to global enterprises, focusing on modernizing and securing complex technology environments [6] - Euronet Worldwide is a global leader in payment processing and cross-border transactions, offering a wide range of services including money transfers, credit and debit processing, and ATM services across more than 200 countries [7] Partnership Objectives - The partnership will enable mutual clients to adopt pre-integrated issuing and payment solutions that support various credit and debit programs, enhancing operational efficiency and reducing time to market for new products [3][4] - The collaboration is designed to help banks and fintechs modernize their payment infrastructures, allowing them to compete effectively and expand their market offerings [5][6] Market Context - As competition in financial services intensifies, issuing and payments have become critical growth areas for banks, prompting investments in modern capabilities to meet rising consumer expectations for speed and flexibility [4][5] - The partnership is positioned to address the fragmented nature of current issuing and payment processes, enabling faster deployment and scalability for financial institutions [5][6]