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News & Views

Article Posted: 09/12/2014

The latest statistics collected by the Cheque and Credit Clearing Company indicate that although the decline in the rate of cheque usage has accelerated – between 2004 and 2013 cheque ...

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Article Posted: 09/11/2014

It is said that in the UK, people are more likely to change their partner than their bank account. The vast majority of the general public, due primarily to ...

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Article Posted: 09/11/2014

In November, RBS were fined £42 million by the Financial Conduct Authority (FCA) because of their IT failings in 2012 and the resultant impact on their customers. This formed part ...

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Article Posted: 09/10/2014

The UK Cards Association has just released its card expenditure statistics for August 2014. For the first time ever, the number of debit and credit card transactions made in a ...

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Article Posted: 09/10/2014

In 2000, IBM ran its iconic ad campaign for Lotus software that touched home for many people – promises of a technologically advanced future offering solutions to today's problems that ...

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Article Posted: 09/09/2014

The options being offered by payment institutions and apps for identity verification seem to expand each month. This month alone we have seen further potential for biometrics (including heartbeat biometrics) ...

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Article Posted: 09/09/2014

It has been an exciting month so far in the payments market. Apple has finally revealed its intentions in terms of payment capabilities with the announcement of Apple Pay, an NFC ...

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Article Posted: 09/08/2014

According to figures issued recently by the Office for National Statistics, although 53% of the general population use the internet for banking, a breakdown of this number shows a large ...

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Article Posted: 09/08/2014

Another survey of consumer banking preferences, this time in the US carried out on behalf of the American Banking Association, has been published. According to the results, 31% of 1,000 adults ...

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Article Posted: 09/07/2014

TfL are about to roll out a swathe of payment options for travel on public transport around London. In addition to the very successful Oyster card, come September passengers will ...

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Client Quotes

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

Platform Selection & RFP Management

"OP-Pohjola Group has used Savantor in both acquiring and issuing for platform/service provider research, RFI/RFP processes and subsequent contract negotiations. Savantor's approach and commitment have always been very professional and transparent. They have been of great help for the company in providing us important insights and background information beyond vendors sales speeches."

Kai Lindstrom, Head of Acquiring - OP-Services Ltd - Finland

Acquirer Specialist Support

"OP-Pohjola Group has used Savantors help in numerous different specialist projects differing from risk assessment to management tool creation to transaction analysis. We have been very satisfied by the quality of the service provided by Savantor's experts."

Kai Lindstrom, Head of Acquiring - OP-Services Ltd - Finland

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

Commercial Card Migration

"Execution at its best. We're delighted that this project has been truly outstanding and received an award from 'The Banker'. Savantor provided crucial expertise that helped us keep all our promises in terms of delivery. The scheduling, planning and control regime throughout was excellent."

Chris Mason, Director - Commercial Cards EMEA - Citi - UK

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

Card Processing Migration

"Disciplined methodology and effective teamwork, guided by Savantor's migration expertise and operational knowledge, were the hallmarks that led to the resounding success of this project, enabling us to maintain and develop our business capability."

Robert Lambert, Head of Cards Strategy - Permanent tsb bank - 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

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