CUSO Establishes Best Path to RTP Enablement
Case Study
December 18, 2020
TABLE OF CONTENTS
Introduction
A credit union service organization (CUSO), focused primarily on digital experiences and payments, began to ponder the impact of Real-Time Payments (RTP) in the financial space. To plan to efficiently launch this payment rail, they needed help building a clear RTP strategy to educate and get decision-makers on board.
Challenge
The CUSO organized their resources to a select few, high-performing products. Coming up with a new RTP strategy that aligned to that focused product set would require creativity and innovation, and challenges included:
- Focused product portfolio
- Internal alignment and momentum on best time to launch RTP
- Limited internal RTP product knowledge
Approach
Levvel’s mission was to join the CUSO at that critical turning point to discover, collaborate, and decide on the best path to RTP. A one-day, on-site workshop helped generate the initial dialogue, which launched into a strategic plan around the credit union’s current payments set-up, product offerings, and how to best utilize RTP to benefit customers.
Results
With Levvel’s help, the RTP strategy and approach was built, and the path to pursue this new payment rail was clear.
Download the PDF
You can access the PDF here.
Authored By
Levvel
Meet our Experts
Levvel
You’re going to use technology to change the world. We’re going to help you create it. Whether you are reinventing your company, creating an industry-changing product, or making existing products even better with new technologies—we exist to make your endeavor a success story. Our team is made up of leaders, thinkers, designers, and builders whose collective experience spans many industries and companies of all sizes. We’re avid fans of technology but even bigger fans of solving business problems. An understanding of the difference between an idea and a solution is just one of the things that set us apart.
Let's chat.
You're doing big things, and big things come with big challenges. We're here to help.
