Case Study: Regulation in Retail Banking

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About this case study

After reviewing its retail banking product innovation capabilities, one of the largest tier-1 banks in the world, decided to improve on its existing core banking system. Headquartered in the UK, the bank was also looking to deploy a system that would help it comply with the new regulations coming out of the Office of Fair Trading concerning transparency of fee billing.

“[Global Tier 1 Bank] needed a solution to meet OFT requirements for fee charging on customer accounts. Beyond that, we made a strategic decision to implement pricing and billing capabilities across our retail lines of business. We chose miRevenue to meet these needs.”

~ Product owner, Global Tier 1 Bank

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