DXC Technology has partnered with Euronet Worldwide to strengthen global payment systems for financial institutions. This move comes as banks urgently seek to modernize aging infrastructure amid rising competition.
Specifically, the two companies will integrate DXC’s Hogan core banking platform with Euronet’s Ren issuing and payments platform. Notably, Hogan supports over 300 million deposit accounts and more than $5 trillion in deposits worldwide. Therefore, the joint solution can reach a large share of the global banking market quickly.
Under the partnership, DXC will offer pre-integrated solutions for credit, debit, and revolving credit programs. Additionally, it will include payment acceptance gateways. Importantly, these tools aim to simplify reconciliation and settlement. They also reduce time-to-market for new products and customer onboarding.
Today, issuing and payments are key growth drivers—not just back-office functions. Why? Because digital challengers and tech firms are entering card issuance and embedded finance. As a result, customer expectations for speed, flexibility, and global reach have surged. Consequently, traditional banks must upgrade legacy systems faster than ever.
“Too often, issuing and payments remain fragmented and slow to deploy,” said Sandeep Bhanote, Global Head of Financial Services at DXC. He added, “By partnering with Euronet, we combine proven capabilities with deep expertise. This helps clients launch programs faster, scale confidently, and enter new markets.”
For its part, Euronet contributes global strength through its Ren platform. This system supports modern transaction processing, cross-border payments, and multi-currency issuing. Over time, the alliance will let DXC serve more banks. It will also give clients access to Euronet’s full payment service portfolio.
“DXC has a long history of supporting top financial institutions,” said Oscar Munoz, VP of Sales for the Americas at Euronet. He emphasized, “Together, we’re helping banks modernize with greater speed, flexibility, and confidence.”
For DXC, this deal reinforces its strategy of embedding payments modernization into core financial offerings. For banks, it reflects a broader industry shift. Namely, the move toward pre-integrated, platform-based models that boost efficiency and accelerate innovation.
In short, as seamless, real-time global payment systems become essential, this partnership positions both companies to meet tomorrow’s banking demands—today.
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