Payment Relationship Management (PRM) Data Analytics and Professional Services Provides Strategic Insight into Optimizing Electronic Payments by Building a Holistic View of Customer Payments and Developing an Actionable Roadmap for Financial Institutions to Move to Next Wave of Real-Time Payments
BOSTON, October 18, 2018 – Payment Relationship Management (PRM) is a new, industry-leading analytics and professional services firm that enables financial institutions and businesses to successfully navigate the digital disruption in the world of real-time payments (RTP) and open banking by providing the data analytic tools, analysis, and strategic insights needed to optimize their payment mix. PRM Data Analytics and Professional Services support an organization’s full product lifecycle- from strategy through solution design, into development, product management planning, go to market, and implementation. PRM enables management to make decisions about their optimal payment mix that leads to reduced costs, payment efficiencies, and customer loyalty.
“If financial institutions and businesses are to be successful in this new payments world where according to McKinsey, by 2020, 28% of Consumer Banking and Payments business is at risk due to fintech disruption,” explains Peter Gordon, PRM CEO & Founder, “Banks and Credit Unions need a better model to manage, grow, and adapt their payments business. PRM Data Analytics and Professional Services makes this possible.” PRM helps its clients turn data into actionable strategies. With data analytics and easy to use dashboards, PRM provides a consolidated visualization of the customer across all payment types, channels and touchpoints from both the origination and payment recipient viewpoint. In the end, “You can’t manage payments if you can’t measure them,” says Gordon.
Learn more about PRM Data Analytics and Professional Services by going to their website at http://www.prmpayments.com, view sample analytics dashboards, and schedule a demonstration. Peter will Speak at NEACH’s Innovating Payments 2018 Conference on Navigation the Disruptions in Payments on November 14, 2018 at the Renaissance Providence, NEACH Innovating Payments Conference. Gordon will also lead a webinar on How to Navigate the Disruption in Payments on November 29, 2018 at 1:00pm ET. In this live, interactive session, Gordon will discuss the process financial institutions can adopt to grow their customer relationship through electronic payment channels.
ABOUT PAYMENT RELATIONSHIP MANAGEMENT Payment Relationship Management (PRM) Data Analytics and Professional Services, a new industry leader in the world of payments, enables financial institutions and businesses to optimize their payment mix by providing a centralized customer view of payments. With a combined 100+ years of experience evangelizing, transforming and improving digital payments and fintech banking solutions, the PRM management team is committed to assisting its customers in addressing the challenge of real time payments (RTP) and open banking. You may connect with PRM and learn more about their services on their website at http://www.prmpayments.com, on Twitter (@prmpayments) and Linkedin ( https://www.linkedin.com/company/prmpayments).
PRM’s Founder and CEO, Peter Gordon, has 25+ years experience in global payments and fintech, serving as former Executive and Head of Payment Strategy Innovation at Mastercard and FIS, Founder of a community bank, and former Head of Payments at Santander and Citizens. Gordon is a nationally recognized speaker. If you have any questions regarding information in these press releases please contact the company listed in the press release. Our complete disclaimer appears here “navigating the disruption in payments today”, outlining the process, tools, and products financial institutions can adopt through electronic payments channels. Gordon’s book Payment Relationship Management, to be released in the winter of 2018, details how to grow customer relationships via electronic payment channels. It is this expertise that Peter used to build PRM.