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17% faster processing of card disputes for issuing bank, client of leading payment processor

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Overview.

In the competitive landscape of payment processing, our client—an Issuing Bank—faced critical challenges. Balancing regulatory compliance, cost efficiency, and customer satisfaction was no easy feat. This case study delves into how Coforge partnered with the bank to streamline card dispute resolution, achieving faster turn times, significant cost savings, and improved service levels.

Challenges.

  • Primary challenges faced in Disputes Processing
  • Providing superior turn time to customers while managing regulatory changes
  • Maintaining service levels while reducing costs

Solution.

  • Client & Coforge partnered on a complimentary Strategic Value Assessment
  • Roadmap of outsourcing based on complexity, risk and potential automation possibility
  • Initial processes identified included Merchant Deal Boarding and Scan & Image Matching
  • Later phases covered Merchant Maintenance, Pricing & PCI, Disputes & Charge backs, Representments, 2nd Charge backs, Merchant Downloads, Research Improved turn time management

The Impact.

98%

Turn time goals achieved (earlier 81%)

~40%

Significant cost savings

Enhanced customer satisfaction

Reduced aging and inventory

 

Discover how our solutions can revolutionize your card dispute resolution process. From faster turn times to cost savings, we’ve got you covered. 

Bring us your challenge.

Let’s Coforge your next success story.

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