Payments Modernization Services

Meet & exceed the expectations of real-time, cross-border, and data-rich payments.

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Client Case Studies

Cutting Edge Solutions for the World's Leading Banks & Financial Services Firms

4B+ Records & 3.2M Credit Accounts Migrated with Near-Perfect Accuracy

Delivered a 13-month migration project, moving 4+ billion records and 3.2 million credit accounts across 9 source and 4 target systems. We achieved exceptional data integrity with only 14 rejected records (expected) and full real-time reconciliation across 650+ reports.

Migrated 44,000 Card Accounts and 100m+ Transaction Records in a Single Weekend

BNP Paribas consolidated systems ahead of a major merger by migrating 44,000 card accounts. We executed two dress rehearsals and delivered a migration with 900+ data mappings and 170 reconciliation rules in a weekend.

Developed Payments & Savings Products and Improved Third-Party Vendor Hardening

Designed & developed a Youth Banking platform for Greenlight, featuring functionalities such as instant money transfers, card issuing and management, cashback for kids, savings rewards, and more, in a mobile-first environment.
Features & Services

Payments Modernization Solutions

Modernize payment platforms to handle high volumes, real-time demands, and new payment rails.

Modernize the Core Stack

Consolidate legacy systems and modernize switches, hubs, and card platforms to support high-volume, real-time, and cross-border transactions.

Enable New Payment Channels

Support mobile wallets, IoT, wearables, bots, and social/P2P payments with flexible APIs and microservices-based architecture.

Next-Gen Rails & Standards

Accelerate ISO 20022 migration, enable SWIFT cloud strategies, and implement new real-time payment schemes across regions.

Enhance Resilience & Scalability

Improve performance and stability across global payment infrastructures while reducing tech debt and increasing fault tolerance.

AI-Powered Fraud & Risk Management

Leverage AI/ML for enhanced fraud detection, risk scoring, and real-time alerts across payment flows and digital identities.
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Tech Stack & Partnerships

Industry Partnerships and Modern Tech Stack Powering Our Solutions

Is now part of Virtusa
About Us

In Numbers

Since we've joined Virtusa, we're much more than just a local European player, bringing deep Banking, Financial Services, and Insurance expertise from across the globe.
100+
Top Banking, Financial Services, and Insurance Clients
2,000+
Successful Projects
12+ Years
Average Client Tenure
90th
Percentile NPS
15,000+
BFSI Experts
30,000+
Total People On Board
Testimonials

See what some of our clients have to say

David McGowan
SVP, CIO of Global Commercial Services. Previously CTO at Kabbage, Acquired by American Express
"Kabbage’s (Acquired by American Express) partnership with ITMAGINATION has been instrumental in completing our goals across numerous major projects."
Logo ITMAGINATION Client BNP Paribas
Małgorzata Dąbrowska
Chief Operating Officer & Board Member
"ITMAGINATION has been cooperating with BNP Paribas since 2012, completing many initiatives with the bank, providing and implementing software that was developed especially for our needs."
Dorota Poniatowska-Mańczak
Chief Innovation Officer
"We have been cooperating with ITMAGINATION since 2016. The main project created by ITMAGINATION for our company was implemented very quickly – in only 13 months."
Luma Financial Technologies Logo
David Wood
Managing Director
"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality."
Armadillo.one Logo
Michael Wolf
Chief Technology Officer (CTO)
"The  team has been great to work with, they are direct communicators, open to  feedback and work hard to build a great product."
Logo ITMAGINATION Client Hochland
Robert Pernak
Pricing Manager
"ITMAGINATION's team clearly understands our needs, have top-notch expertise both in our sector (FMCG), as well as the technologies used - Business Intelligence Data Warehousing."
Team

Meet Our Solutioning Team

Amit Bhute
Global Head of Banking and Financial Services at Virtusa
With over 25 years of technology experience in the financial services industry, Amit has spearheaded initiatives to modernize payments platforms, transform core banking systems, build new cash management platforms, launch embedded finance products, and leverage AI to reduce sanctions false positives.
Maciej Gos
Chief Architect
As the Chief Architect at ITMAGINATION, I design secure, scalable solutions on Microsoft Azure, specializing in cloud architecture, AI, and data platforms to help our clients drive innovation and efficiency.
Jakub Czajkowski
.NET Competency Leader
With over 16 years in the IT industry, including more than a decade at ITMAGINATION, I specialize in backend development, cloud architecture, and Microsoft technologies, helping businesses design scalable, high-quality solutions with a value-first approach.
Tomasz Rębelski
Java Competency Leader
With over 13 years of experience in software development, architecture, and engineering leadership, I help businesses build scalable, high-performance solutions across industries, specializing in modernization, enterprise integration, and AI-driven personalization.

Have any questions?

Don't hesitate to reach out! Our team is here to help.

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Maciej Gos

Chief Architect

ITMAGINATION LinkedIn
If you're interested in exploring how we can work together to achieve your business objectives & tackle your challenges - whether technical or on the business side, reach out and we'll arrange a call!

Our Team Is Trusted By

Logo ITMAGINATION Client BNP ParibasCredit Agricole ITMAGINATION ClientSantander ITMAGINATION ClientLogo ITMAGINATION Client CitiDNB (Danske Bank) ITMAGINATION ClientArmadillo.one LogoGreenlight ITMAGINATION Customer / Client