Global Payment Solutions For Merchants & Sellers

Data Products

June 28, 2018

About The Customer

A leading global provider of payment solutions dealing in

Credit / Debit Card Payments
High Risk Processing / Low Risk Processing
Bank Direct Debits
Recurring Payments
Pay To Card

Problem Statement

Loss per transaction on account of Risk & Fraud

No mechanism for Transaction Surveillance and Fraud Detection

Problems around legacy Enterprise Application Integration

Legacy Transaction Security & Routing Mechanism

Project Scope

Design a platform for effective Transaction Surveillance and Fraud Detection

Improve Transaction Security by implementing the latest in Transaction Security & Routing

Fix issues around Enterprise Application Integration

Reduce Cost Per Transaction on account of Fraud

Deliver Project within Time lines and Budget

Our Approach

We started with the product vision, Defined the project scope, and captured user requirements. Then we created an execution plan based on the Agile software development framework. We divided product feature delivery into multiple sprints. At the end of each sprint, we accommodated user feedback and then rolled out the feature.

Solution Design

We design a modular solution allowing for easy enhancements and API integration that allowed for Transaction routing, Transaction Surveillance, Fraud Detection, Identity Management, Velocity Control, GeoIP, Bank Identification Databases, and local black lists

Success Factors

bCubex provided solution in shape of Technical Consulting by building Fraud & Transaction Monitoring System. Paymundo significantly reduced cost per transaction
Paymundo significantly reduced cost per transaction