Best Card Outsourcing Practices Market Forecast Report to 2020 Now Available at MarketResearchReports

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MarketResearchReports.Biz announces addition of new report “2020 Foresight Report: Best Practices in Card Outsourcing” to its database. Buy the copy of this report; visit http://www.marketresearchreports.biz/analysis-details/2020-foresight-report-best-practices-in-card-outsourcing.

MarketResearchReports.biz

MarketResearchReports.biz

This report provides detailed insights into the following topics:

    Card outsourcing models
    Key offshore outsourcing locations
    Emerging trends
    Best practices in vendor management
    Best practices in outsourcing of key business operations related to the card industry

Executive summary:

Cards make up one of the most outsourced business operations in the financial services sector. Indeed, a large numbers of banks and card issuers have either outsourced specific functions or their entire their card operations. The primary factors driving such practice have been largely similar to those recorded in the outsourcing sector in general, and include cost reduction, gaining a comparative advantage, access to cheap/skilled labor, a lack of in-house expertise and risk management advantages.

To read the complete report with TOC, visit: http://www.marketresearchreports.biz/analysis-details/2020-foresight-report-best-practices-in-card-outsourcing.

Card outsourcing is fast-moving towards the adoption of cloud technology and onshore and nearshore models, driven primarily by cost advantage and government initiatives such as tax benefits. In addition, there is an increased focus on value added services such as behavior analysis and fraud prevention schemes.

Scope:

This report provides a comprehensive analysis of the key outsourcing activities in the card industry across the globe
It provides insights on various outsourcing models used by card issuers and their risk exposures
It provides analysis on the attractiveness and level of various card outsourcing activities in key offshore locations
It outlines the emerging trends in card outsourcing
It details the key best practices in vendor management with case examples
It explains the potential scope of outsourcing of key business operations associated with cards along with best practice case examples

Key highlights:

Cards make up one of the most outsourced business operations in the financial services sector. A large numbers of banks and card issuers have either outsourced specific functions or their entire their card operations.

The primary factors driving card outsourcing have been largely similar to those recorded in the outsourcing sector in general, and include cost reduction, gaining a comparative advantage, access to cheap/skilled labor, a lack of in-house expertise and risk management advantages.
Card outsourcing is fast-moving towards the adoption of cloud technology and onshore and nearshore models, driven primarily by cost advantage and government initiatives such as tax benefits respectively. In addition, there is an increased focus on value added services such as behavior analysis and fraud prevention schemes.

To buy the copy of this report, visit: http://www.marketresearchreports.biz/analysis/168635.

Card issuers remain responsible for their business actions, even though the vendor is given the authority to act on their behalf. Outsourced operations must be monitored closely to ensure adherence to a contractual agreement.

One of the best ways of judging the perceived quality of performance is communicating with those firms already doing business with the vendor. Card issuers can also engage in market research and take advice from professional advisors.

Reasons to buy:

    Make card outsourcing work for you
    Learn from best practice and read case studies
    Find out the key risks and challenges beforehand and select a model to minimize them
    Gain insight into the current developments in card outsourcing
    Gain insight into key drivers of card outsourcing to check if your organization fits in the picture

Browse all reports of this publisher, visit: http://www.marketresearchreports.biz/publisher/61.

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Michell Thoras
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