Global software development company Vaccumlabs has partnered with payments processor Global Processing Services to enable fintechs of all sizes to develop new and innovative products, according to a press release.

"GPS is one of the most prestigious and well-established global payment solutions. At Vacuumlabs, we're excited to have the opportunity to support an industry-leader and continue on our mutual mission of building an ecosystem that drives innovation and digital transformation amongst fintechs, digital banks, and e-wallet providers," Tom Clementson, group head of fintech at Vaccuumlabs said in the release.

Vaccumlabs has a long track record in supporting the development of brands and companies in the world of financial services.