Client profile

Finangel is a growing bank, which since November 8, 2018 (in half a year period) has become a functioning bank, with 100 000 cards delivered. 

Challenge

• Solution to accept Visa and Mastercard cards
• Provide full technical support and service under Decta license
• Maximize the effectiveness of business and boost client involvement
• Security to minimize fraudulent transactions
• Implement a scalable solution
• Solution to be delivered under tight schedule

Solution

• Fraud and risk management
• Recurring payments
• 3D security
• Dynamic Descriptor
• One-click payments
• Original Credit Transaction (OCT) and Money Send

Results

• The solution has become a technical core of digital bank enabling company to issue own-designed physical cards, accept and send Visa and Mastercard card payments  
• The solution allowed focusing on business development, application building, and communication with card users.
• The solution provides smart anti-fraud management while improving the conversion rate and minimizing chargebacks
• DECTA offered solution allowed unlimited company growth within the EEA.
• The solution was delivered in a very short time - from the moment of signing the contract (November 8, 2018) to issuing the first card in Finangel design (December 17, 2018) have passed less than 2 months.