Simplifying Complexity in the Global Payment Card Industry
Thought Leadership
Protect Your Customers by In-sourcing Credit Card Processing
For Tier 2 banks, it’s a troubling time. Increased competition and the ever-growing number of banks and super-banks make it a hard time to grow and retain customers.
Read moreBrochures
Payment Cards and Merchant Services
Emerging Technologies Driving New Payment Business Models
Cards is now the primary payment instrument globally which has resulted in increasing complexity for the payment card business. Companies must balance growth and risk while introducing new products, moving into new countries or cross-selling related products like personal or automotive loans to the same customers.
While growing a payment cards business can be challenging, your company must also look at the increasing costs of doing business. Handling service peaks during the holidays or emergency card re-issuances can lower your margins. In addition, the emergence of pre-paid cards provides banks with a means of targeting new customers and increasing revenue from existing customers. New business models and participants add further complications.
Global Reach, Local Focus
In North America, market saturation has resulted in fierce competition and M&A activity. Cardholders are demanding increased privacy, convenience and transaction speed. Card networks are adopting new technologies to improve card and transaction data security. Capgemini enables payment processors and card issuers to adapt to this rapidly changing market.
In Europe, global and national card networks and their members are adapting to the Single Euro Payments Area (SEPA) regulations. As a market leader in SEPA-related consulting and services, Capgemini can make the changes necessary to ensure your company’s regulatory compliance.
In emerging markets, Capgemini helps local firms deal with risk and fraud in the context of a mature regulatory environment and increased competition from global players.
Finding the Right Partner Makes All the Difference
With the benefit of Capgemini’s experience, your business can handle the challenges of a changing marketplace. We provide:
Business and IT Consulting
Capgemini’s professional consultants can help you reengineer your business processes, more closely align your business and IT functions, lower transaction and functional costs by increasing efficiencies, and reduce losses from fraud and ID theft. Our team specializes in the cards and payments industry and can help you balance growth and risk. The largest payment processors, banks and software vendors are among Capgemini’s clients.
Platform Conversions
Our dedicated card specialists have managed more than 35 card and merchant portfolio migrations for businesses around the world, We work on card products from the leading global brands and all major account management products including Cardpac, Cardlink, ATOS Origin, VisionPlus and Essentis.
Testing
To meet changing business needs, your core cards systems are modified and enhanced to add or streamline functionality. Disciplined and independent testing can bring stability and efficiency to your system as it continues to grow. Our testing professionals specialize in cards applications and have experience with all major leading account management products.
Cards as an industry is also impacted heavily by regulation in the EU, particularly SEPA. While SEPA compliance is the necessary first step, forward-thinking managers also want to get moving now on the longer term strategic payments issues that the SEPA raises.
To learn more about our approach to SEPA compliance and beyond, click here.
Global Industries, Global Support
Using our Rightshore® model, Capgemini can provide you with the right people with the right experience in the right place to support your cards platform. We bring CMMi Level 5 processes to help improve services while reducing costs through lower cost geographies. We can help you gain objectivity, flexibility and scalability for your projects.
For More Information
To learn more about Capgemini’s banking and cards solutions, please contact us.
