African Bank

Background

The Bank had issued Credit and Debit Cards but now wished to issue open loop prepaid cards with a co-brand partner.

Polymath Consulting Project Delivery

The initial engagement was to work with the bank and the co-brand partner developing the product proposition and business case. Polymath then supported the 'sell in' to the board to gain project approval. The final product included a mobile phone enabled wallet solution with P2P payments and money remittance. Subsequently we were retained to run the RFP, identify the right launch partners - both processing and remittance. We then supported the bank right through to project launch including, product pricing, implementation, and risk and fraud set up and monitoring procedures.

Posted Jul 9, 2012