
Financial ServicesDecember 30, 2023
We Enabled Transactions on Billions of Accounts for a Leading Fintech Company
Billions
Accounts enabled for secure payments
Real-time
Near-instant fund transfers globally
Global
Rollout across new geographic areas
Cloud
Refactored cloud-ready applications
Challenge
A leading fintech needed to enhance its payment platform, expand into new geographies, and build cloud-ready applications to keep pace with business demand.
PRI Solution
PRI onboarded a full development team, delivered cloud-ready components, integrated with client CI/CD pipelines, and provided ongoing architecture and agile delivery leadership.
FintechCloudPaymentsAgile Delivery
01
Objectives
- Enhance technology platform to support key business and technical needs.
- Roll out capabilities in new geographic areas
- Add features required to keep up with business demand
- Refactor, develop, and build cloud-ready applications
02
Approach
- Develop an understanding of business context, platform architecture, and SLA requirements
- Confirm skill sets required and onboard full development team
- Create and test software components to address requirements
- Integrate new software components with client release and deployment processes
- Deliver fully-functional build pipelines
- Perform ongoing architectural analysis and technical designs, including data architecture
- Conduct agile project management practices to align deliverables with client’s desired schedule
03
Business Impact
- Enabled secure, near real-time payment transfers to and from billions of card, bank, and digital accounts globally.
- Program participants (banks, businesses, digital players, and more) can modernize the way they send money, making funds available to recipients almost instantly
- Uber and Lyft use this platform to pay their drivers instantly. Google Play and many other major payment processing providers are also using this application to send money
- Proven to increase user spend and engagement, strengthening core business performance
Next Step
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