News & Views - Savantor

Cancer Research UK uses Savantor’s specialist payments innovation expertise

Monday, 23 May 2011

Innovative virtual charity box of the electronic age


Savantor Ltd., a specialist in the provision of business and technical expertise to many well-known banks, card schemes and third parties in the card payment industry, is pleased to announce its support for the innovation team at Cancer Research UK.
Cancer Research UK is the UK's largest charity, generating donations in excess of £400m per annum. Cancer Research UK has a dedicated innovation team whose role is to ensure there is a continued supply of new innovative donation ideas.
Internet shopping was leading to a reduction in donation levels from traditional collecting means. The innovation team had the vision to create the virtual charity box of the electronic age to fund broad social, health and environmental change. The vision was called Give Change Make Change (see www.givechangemakechange.com).
This new innovation for the charity sector enables supporters to donate whilst they shop online, making it simpler and more convenient to give.  Shoppers simply round up their purchases and donate this spare change to charity.
Cancer Research UK selected Savantor to provide independent verification of the proposed solution, followed by retail, payments and new product development expertise throughout the delivery of the Give Change programme. This included the following key areas:
• Industry insight to help identify the optimum business model and critical success factors of the opportunity, including transferring and settling donated funds through the UK payments network.
• Detailed UK e-commerce market review to identify priority target channel partners, potential returns from each retailer and to develop a compelling channel partner and end-user proposition.
• Rapid and comprehensive RFP process, identifying suitable suppliers, facilitating the most appropriate supplier selection and achieving considerable savings in Total Cost of Ownership.

Sophie High, Head of Innovation Delivery at Cancer Research UK commented "In moving our new initiative into reality, we required specialist payments knowledge and forward thinking in the retail sector. Savantor supplied this and provided very effective guidance throughout. We enjoyed working with them."

Geoff Durham, Executive Director of Savantor said "It was a pleasure to use our expertise to help with the launch of this new innovation that will bring benefit to such a worthy cause. Our specialists added a wider perspective and 'fast track' processes to support an early launch."

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Client Quotes

New Payments Initiative

"In moving our new initiative into reality, we required specialist payments knowledge and forward thinking in the retail sector. Savantor supplied this and provided very effective guidance throughout. We enjoyed working with them."

Sophie High, Head of Innovation Delivery - Cancer Research UK

Platform Selection

"Savantor's support in our platform selection process has enabled us to sustain our profitability and positioning for the future. Their advice and guidance was essential to our decision-making."

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

Moneris Solutions

"Savantor did an outstanding job of the review and I received nothing but positive feedback on the interaction with our management team."

Jeff Guthri, COO - Moneris Solutions - Canada

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

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

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

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

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