## Introduction 

For large financial institutions (FIs), payment infrastructure can be complex. But timely investments in technology to promote these payments capabilities is critical to staying competitive. To stay ahead, a top five bank wanted an actionable roadmap to help with the architectural design of their payments hub. This would increase potential revenue streams by promoting customer use of digital payments, like P2P (Peer-to-Peer) payments and RTP (Real-Time Payments).

## Challenge 

This FI wanted to be better positioned to take calculated risks when defining the future–and the path to getting there. They needed a crucial update to their core payment platform to make this happen, which involved complicated systems and a reliance on third-party vendors. 

![Creating+an+Opportunity+for+New+Revenue+Streams+Case-Study-Box](//images.ctfassets.net/zqj370hybozc/5e1pTNLC4ktCEI44v2KUJw/30963f3008370bfeb67af40912cc275c/Creating_an_Opportunity_for_New_Revenue_Streams_Case-Study-Box.png)

![Creating+an+Opportunity+for+New+Revenue+Streams+Case-Study-Callout](//images.ctfassets.net/zqj370hybozc/46LfbyyuLJ2jYgZDVDHLBJ/44fe323819b710e8c273bb185a445bb4/Creating_an_Opportunity_for_New_Revenue_Streams_Case-Study-Callout.png)

## Approach 
Levvel’s mission was to design an architectural plan and implementation roadmap for the new Enterprise Payments Platform (EPP). This would standardize their entire API catalog and promote consistency, repeatability, performance, and maintainability. 

With this approach, the client would take the following steps:

- __Create Zelle API directory:__ Define and document all projected API endpoints
- __Build Payments Hub:__ Assess, define, design and plan payments hub platform architecture design
- __Architecture and Development Support:__ Provide immediate implementation support for payments application in delivery of the architectural design of payments hub

![Creating+an+Opportunity+for+New+Revenue+Streams+Case-Study-Quote-FINAL](//images.ctfassets.net/zqj370hybozc/5CFbZzsLkDzfjw1hkZIm7e/199e38cc4733d7df1be8c8a82ab6b5ce/Creating_an_Opportunity_for_New_Revenue_Streams_Case-Study-Quote-FINAL.png)

## Impact 
Once the bank had a new payment infrastructure, they could create new revenue streams. After analyzing and better understanding revenue streams, the bank was able to attract new customers and create a better experience for current customers.

![Creating+an+Opportunity+for+New+Revenue+Streams+Case-Study-Results](//images.ctfassets.net/zqj370hybozc/iQopnXC5XrrXvHPjNeC1q/2e776212e1dde4d4b6d6d49980d71421/Creating_an_Opportunity_for_New_Revenue_Streams_Case-Study-Results.png)

## Download the PDF
You can access the PDF [here](https://cdn-new.levvel.io/resource-assets/Creating+an+Opportunity+for+New+Revenue+Streams+Through+Payment+Technology+Innovation+Case+Study.pdf "Creating an Opportunity for New Revenue Streams Through Payment Technology Innovation Case Study").


Creating an Opportunity for New Revenue Streams Through Payment Technology Innovation

Levvel Research's 2021 Real-Time Payments Report (RTP) provides a guide to the many use cases of RTP for businesses and outlines the ROI of adoption for financial management processes, product delivery, and customer satisfaction. 

Our 2021 Real-Time Payments Market Insight Report is here

To stay ahead, a top-five bank teamed up with Levvel to create an actionable roadmap to help with the architectural design of their payments hub.

Creating an Opportunity for New Revenue Streams Through Payment Technology Innovation

Our 2021 Real-Time Payments Market Insight Report is here

Creating an Opportunity for New Revenue Streams Through Payment Technology Innovation

Read the Case Study