Tietoevry Banking and Tapeeze team up to revolutionise tokenised payment cards

March 24, 2025

Tietoevry Banking, a leading provider of financial SaaS solutions with operations across the Nordics and beyond, has entered a strategic partnership with Tapeeze, a Swedish FinTech specialising in digital wallet and tokenisation technology for physical payment cards.

The collaboration aims to enable banks, FinTechs and branded organisations—such as sports clubs, car manufacturers and music festivals—to issue custom-branded, multifunctional payment cards without complex infrastructure or regulatory approvals. These cards will integrate flexible, secure payment capabilities, leveraging Visa™ and Mastercard™ networks while fostering stronger customer and fan engagement.

Tietoevry Banking brings decades of expertise in payments, fraud prevention, lending and WealthTech, supporting clients in over 60 countries. Its solutions are designed to be modular and scalable, enabling rapid product deployment. Tapeeze, founded in 2024, is known for enabling tokenised payment features typically found in digital wallets like Google Pay and Apple Pay, but now delivered via physical cards.

The partnership will allow non-banking entities to launch fully personalised, secure cards using Tietoevry Banking’s cost-effective and sustainable production methods. Tapeeze contributes its skim-proof tokenisation and optional biometric security to enhance card safety and utility. This marks the first time such advanced payment technology has been made available globally to organisations outside of the traditional banking sector.

The technology has already been adopted by prominent Swedish sports clubs, including AIK, Björklöven, Timrå IK and Djurgården.

Tietoevry Banking head of card personalisation Ruth Hessner said, “We see fantastic global potential in this first-of-its-kind partnership, which has given rise to a truly unique offering. For sports clubs with huge fanbases, these cards will enable fans to show their colours every time they pay while generating revenue for their club. At the same time, cardholders’ banks gain new revenue opportunities from their card portfolios and very rapid time to market for these products, while giving customers the chance to express their loyalty to brands, sports clubs and more.”

Tapeeze CCO & co-founder Mikael Kesha said, “At Tapeeze, we’re revolutionizing the very concept of payment cards—what they can do and how they look. The demand for customizable, tokenized payment cards is growing rapidly as businesses now recognize that payment cards are more than just a transaction tool. To be able to meet increasing demand across multiple countries and industries, partnering with Tietoevry Banking was a natural choice for us. Their extensive banking network, deep industry expertise, and proven infrastructure make them the ideal partner to scale our product across Europe – helping businesses unlock new revenue streams and stronger customer engagement.”