Enhancing Payment Capability
Many payment platforms, including banks, processors and ISO often look to enhance their payments capability, either through organic product development or acquisition. We advise on:
- developing strategy an product requirements
- analyzing technology providers and market analysis
- developing and running RFI/RFP processes,
- working with internal stakeholders to inform, capture and draft internal requirements
Automating the BackOffice
Inherently, Payments is a scale business. To maximize profitability, Payments businesses need to automate as much of their processes as possible. Generally, the greatest area of automation is in the so-called “backoffice” where all the funds management, exception handling, billing and settlement occurs. Fin-Serv can assist its clients streamline the back office by:
- understanding the art of the possible
- identifying efficiency opportunities
- developing product requirements
RELATED PROJECTS
- Assisting a global FI with the implementation of a Dynamic Currency Conversion project for its branded ATM network. Provided subject matter expertise in terms of card scheme requirements, clearing and settlement processes, and backoffice functions.
