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.