Credit cards have become an important and essential product to offer to the retail customer base.The Biz$core solution for credit cards provides a detailed analysis of the Credit Card business both from the Issuing business standpoint as well as from the acquiring business standpoint.

The Biz$core Credit cards solution for Issuing business is structured around the following major analysis areas:Customer Acquisition, Card usage, Asset Portfolio analysis, Delinquencies, Customer Relationship Management. The Issuing solution in Biz$core for Credit Cards has over 10 dashboards, 10 Analysis Templates, 30 reports, 50 KPIs and 30 Alerts.

The Biz$core Credit cards solution provides analytical support enabling the following:

• Increase the number of customers through a combination of aggressive customer acquisition campaigns, innovative branding and product packaging
• Increase the fee revenue mainly through the incentivising spend through the cards and also through the garnering of annual membership fee revenue
• Increase interest income by increasing the net receivable on the card portfolio through new customer acquisitions as well as up-sell (increased limit) to existing credit card customers
• Decrease provisioning by tactical early delinquency collection effort
• Decrease write-offs through aggressive recovery efforts
• Cross-sell other retail banking products to credit card customers
• Cross-sell credit card products to individuals in the customer’s family unit
• Win-back potentially attriting customers

The Biz$core Credit cards solution for Acquiring business is structured around the following major analysis areas:Merchant Acquisition, Terminal transaction analysis.

The Acquiring solution in Biz$core for Credit Cards has over 5 dashboards, 5 Analysis Templates, 5 reports, 10 KPIs and 10 Alerts.