Tuum, a leading next-generation core banking provider, is proud to announce its new status as a Mastercard Digital Activity Service Provider (DASP), enabling seamless integration with Mastercard Digital Enablement Service (MDES). This partnership empowers banks and fintechs to deliver secure, tokenized digital payments across all major wallets and digital channels—without the need for additional third-party integrations.

LHV, one of Europe’s leading Banking-as-a-Service providers, is already live with Tuum’s MDES integration, enabling its fintech clients to offer frictionless, secure digital payments with greater efficiency and cost savings.

With Tuum’s out-of-the-box MDES connector, issuers can now:

• Enable secure digital payments for e-commerce and in-app transactions using digital tokens that replace sensitive card details, significantly reducing the risk of identity fraud.
• Simplify digital wallet integration through a single connection to MDES, streamlining tokenized payments across multiple digital wallets and growing payment channels.
• Reduce operational costs by eliminating intermediaries, allowing issuers to connect directly without additional vendor fees.
• Enhance compliance efficiency as Tuum’s direct integration with MDES removes the need for additional partner due diligence.
• Optimize card lifecycle management, with tokenization processes automatically triggered by issuer card management systems.

“As digital payments continue to grow, financial institutions need seamless, secure, and cost-effective solutions to stay competitive,” said Myles Bertrand, Tuum CEO. “By partnering with Mastercard as a Digital Activity Service Provider, and with LHV already live on our MDES integration, Tuum is delivering a future-proof solution that enhances security, simplifies processes, and reduces costs for issuers.”