CLPS Incorporation (the "Company" or "CLPS") announced that its wholly-owned subsidiary, Qinson Credit Card Services Limited (QCC), has entered into a strategic partnership with an emerging financial institution in Southeast Asia (SEA).

Under the agreement, QCC will deploy its proprietary payment system, CAKU, to provide a comprehensive suite of credit card products and customized implementation services. This partnership marks a significant milestone in QCC's expansion within the SEA fintechecosystem and underscores the CAKU solution's ability to accelerate digital banking transformation and innovation.

The partner institution is a core subsidiary of one of the leading neobanks in SEA, dedicated to providing individual customers with sustainable, customer-focused credit card products and credit-backed, QR code-based payment services. The selection of QCC as a strategic partner was driven by CAKU's robust capabilities, including functional flexibility, technological foresight, and strong delivery expertise, which together enable rapid market responsiveness and highly personalized user experiences.

Leveraging the CAKU platform, QCC will provide the client with an industry-leading credit card issuance and management solution. The project scope includes core software delivery, comprehensive documentation, and related resources. The solution supports extensive customization through modular configuration tailored to the client's specific business requirements.

QCC will also deliver end-to-end professional services, including project management, solution design and development, testing, training, and system deployment, ensuring efficient and seamless implementation.

Key features of the CAKU solution include:

• Rapid Deployment and High Customization: Parameter-driven and scenario-based configurations enable one-click product deployment and iteration, ensuring a customer-centric approach.
• Scalable Growth Architecture: Multi-tier credit limit management, personalized points systems, and flexible account structures support large-scale business growth.
• Universal Payment Support: Seamless integration with major payment networks including Visa, Mastercard, and UnionPay for credit, debit, and prepaid cards, as well as consumer and commercial card products. The platform also supports integration with digital wallets (e.g., Apple Pay, Google Pay) and omnichannel payment methods.
• Seamless Legacy System Migration: Extensive experience in smooth migration and modernization from legacy issuing platforms such as VisionPLUS and Cardpac, backed by extensive successful project experience.
• Digital Twin Validation: Pre-launch validation in a mirrored, production-like environment ensures accurate and risk-mitigated system migration.