PaymentsLink™

UNDERSTAND AND MONITOR THE TRUE IMPACTS OF PAYMENTS MIGRATION ON YOUR BOTTOM LINE

The Payments system is in a state of transition, with new entrants, customer behavior changes and the constant need to reevaluate infrastructure requirements. How will these changes impact your business? Do you have a way to efficiently monitor and forecast customer needs?

PaymentsLink is a web-based modeling tool that improves your bank’s ability to understand the impact of new payment trends, from an enterprise perspective down to the customer, account and transaction level. Using this advanced modeling tool, managers across the bank can more clearly understand their current payments business, the key drivers of revenues and profits, and how even subtle changes in payment trends, volumes and pricing can make or break a business case. PaymentsLink also allows banks to more accurately predict how the migration from checks to electronic payments will affect revenue, costs and margins, and continuously refine product strategies going forward.

Using PaymentsLink, bank product managers can establish and monitor payments revenue and profits, and truly understand the contribution of payments to the bottom line. For example, it allows a user to determine revenue generated by certain payment types, as well as the cost to support that revenue. As payments migrate from one form to another, the revenue and margin impacts can be accurately measured.

In addition, the bank can forecast revenue and margins across all payment products using multiple “what if” scenarios. Through these analyses, managers can determine potential revenue/margin gaps that may result from shifts in payment preferences or the evolution of new products with different revenue and cost structures. This improves the bank’s ability to avoid revenue gaps caused by new payments initiatives, and determine balanced pricing that will protect the enterprise while meeting customer needs.

For more information about this solution, download the brochure (PDF, top right). You can also contact Randy Haga at 972.371.1412 or complete our Information Request Form.