Processors

Brooks FI Solutions delivers practical, implementable solutions to several segments of the Financial Services processing industry. Our consultants have worked with and for Core Banking, Credit Card (Issuing and Acquiring), and EFT / POS / ATM processors, as well as Payment Networks. This experience can assist in bringing our clients quality strategies and evaluations, with engagements that can range from a quick 10-day evaluation of a new product or business opportunity, RFP preparation, or vendor evaluation to a full-scale Strategic Plan or RFP Process. Because Brooks’ consultants have hands-on experience, we deliver practical, no-nonsense solutions that can be implemented successfully within our clients’ environment. For more information on how Brooks can improve your bottom line, please click on the appropriate link below.

Core Banking

Core banking processors face significant challenges in today’s environment. The Financial Services providers (Banks and Credit Unions) are continually consolidating – altering customer bases, as well as the size and needs of customers and prospects. At the same time, new technologies, security risks, and regulatory compliance requirements are proliferating, requiring major decisions about IT investments.

• What segments does the processor serve today?
• Are these growing, shrinking, or stable?
• Is it processing the acquirers or acquirees?
• Are there other segments the processor would like to serve?
• Is the processor meeting the product / function demands to meet growth objectives?
• Is the product line adequate?
• Are there new products / businesses that would complement the processor’s business?
• Is the processor’s pricing competitive?

These and other questions are everyday concerns for most processors. Brooks’ consultants have worked with Banks, Credit Unions, and their processors for many years and have a solid understanding of the market and its challenges. We will use this experience to provide our processor clients with assistance in several areas – strategy development, segment / market evaluation, new product / business evaluation, etc.

Credit Card

Credit Card processors continue to face significant challenges in today’s market, as the industry consolidates and new cardholder growth slows. At the same time, customer requirements continue to explode, as fraud challenges grow, new technologies expand, and new products / segments open. This is compounded by the lure of international opportunities and the challenges they present.

• What products does the processor provide?
• What new markets / segments are on its radar screen?
• Does it understand what it will take to serve these markets / segments?
• How has it prioritized its development?
• How can it take more than its share of market growth?

The consultants at Brooks have deep experience in working with Credit Card Issuers and Processors. We will use this experience to provide our processor clients with assistance in several areas – strategy development, segment / market evaluation, new product / business evaluation, etc.

EFT/POS/ATM

EFT processors continue to face significant challenges in today’s market, as the industry consolidates, regulatory burdens stiffen, and ATM growth slows. At the same time, customer requirements continue to explode, as fraud challenges grow, new technologies expand, and new products / segments open. This is compounded by the lure of international opportunities and the challenges they present.

• What products does the processor provide?
• What new markets / segments are on its radar screen?
• Does the processor understand what it will take to serve these markets / segments?
• How has it prioritized its development?
• How can it take more than its share of market growth?

The consultants at Brooks have deep experience in working with and for Banks, Credit Unions, ISOs, and EFT Processors. We will use this experience to provide our processor clients with assistance in several areas – strategy development, segment / market evaluation, new product / business evaluation, etc.

Merchant

Merchant processors continue to face significant challenges in today’s market, as the industry consolidates, the demands of high-volume prospects grows, and margins continue to shrink. At the same time, customer and regulatory requirements continue to explode, fraud challenges grow, new technologies expand, and new products / segments open. This is compounded by the lure of international opportunities and the challenges they present.

• What products does the processor provide?
• What new markets / segments are on its radar screen?
• Does the processor understand what it will take to serve these markets / segments?
• How has it prioritized its development?
• How can it take more than its share of market growth?

The consultants at Brooks have deep experience in working with Banks, Credit Unions, Retailers, and Merchant Processors. We will use this experience to provide our processor clients with assistance in several areas – strategy development, segment / market evaluation, new product / business evaluation, etc.