News & Views - Savantor
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News & Views

Article Posted: 09/11/2015

Bitcoin has been with us for a while now but whilst acceptance of the crypto-currency might be slowly growing and its visibility increasing through association to big names such as ...

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Article Posted: 09/10/2015

In the past week, Payments UK has released the results of research into predicting future payment volumes. Key predictions include the increase of card payment volumes by 66% from 2014 to ...

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Article Posted: 09/10/2015

In October, Vinod Khosla raised a few eyebrows with the reports of his keynote at the Money 20/20 conference, stating "EMV will be irrelevant in 3-5 years". He attributes this ...

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Article Posted: 09/09/2015

Contactless cards have been given another boost this month with the increase in the contactless maximum transaction limit from £20 to £30. With the rise in contactless usage being one of ...

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Article Posted: 09/09/2015

This week, Visa put on its own stage show at the London Fashion Week, enabling VIPs to purchase outfits directly from the catwalk with a contactless ring. Whilst not a ...

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Article Posted: 09/08/2015

According to research by KPMG and UBS, the number of mobile banking users is forecast to double to 1.8 billion globally over the next four years (see page 5), with ...

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Article Posted: 09/08/2015

A recent report commissioned by Payments UK – "The Future of Payments" produced by Consult Hyperion – shares a view of what the payments world could look like over the ...

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Article Posted: 09/07/2015

For some time now we have heard, even seen products and services that claim to use unstructured data from public sources such as social media to take a view, in ...

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Article Posted: 09/07/2015

The big news this month has been the launch of Apple Pay, Apple's new contactless payment service, in the UK. There have been differing reactions from the Banks to the new ...

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Article Posted: 09/06/2015

In these days of technological advancement, the cheque stands out as an anomaly waiting to be withdrawn or replaced from general use. Previously the Payments Council attempted to do just ...

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Client Quotes

Credit Card Launch

"Savantor's knowledge and experience were the key differentiators in selecting them and they contributed greatly to the success of the product launch and the effectiveness of the ongoing operational service."

Toine Schepers, Operations Director - Primeline - The Netherlands

Acquirer Risk Assessment

"The expertise provided by Savantor has greatly helped us evaluate our risk position and to take the right steps in managing our future risks. Strong, disciplined planning and an ongoing willingness to work closely with our staff played an enormous part in making this a very successful well-delivered project which will greatly help us in achieving our business goals."

Mark Healy, Chief Risk Officer - NEOVIA Financial - UK

Credit Risk Review for New Product Launch

"We needed expert help at short notice and Savantor were very impressive in their response and knowledge. The results were very clear and useful, enabling us to quickly make good progress on the next steps."

Sami Karhunen, Head of Business Intelligence and SME Sales - Point Transaction Systems Oy - Finland

Credit Card Migration and Operational Support

"The bank has undergone significant transformation of its card business on both the issuing and acquiring sides. One business partner we have looked to for support in the areas of strategy, major project leadership, management analysis and ongoing business support is Savantor. The Savantor team has contributed to our success as we have leveraged their deep industry knowledge and broad range of operational skills."

Sean Sheehan, Service Management Director - Bank of Ireland

Interchange Review

"Savantor did a superb job in confirming what we believed was an area of weakness. The detail we now have will enable us to agree internally what we need to do to improve structure, control and income. Nationwide management were very impressed with the quality of the Savantor team."

Adam Slater, Senior Manager - Banking - Nationwide Building Society - UK

Acquirer Strategy and Operating Model

"Savantor brought an effective blend of European acquirer market expertise and transaction processing solution design. Their experts quickly forged strong working relationships with our team. We enjoyed working with them to create our future acquirer strategy."

Mikko Hyttinen, SVP - Lending Services - OP-Pohjola Group - Finland

Payments Platform Strategy and Sourcing

"We were in urgent need of external independent expertise to supplement our internal resources. Senior consultants had to quickly integrate with our team and actively contribute. Their experts quickly forged strong working relationships and delivered to our brief. We enjoyed working with them to develop our future platform strategy."

Evert R Fekkes, SVP - Payment & Savings Services - Rabobank Nederland

EMV Migration Planning

"It was a strategic imperative for the bank to be EMV compliant for our payment cards and the experience that Savantor brought to the company has proved to be invaluable."

Eddie Sweeney, Chief Technology Officer - AIB Bank - Ireland

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