Portland, OR (PRWEB) January 09, 2013
ARM Insight, a leader in transaction-based analytics and services, has introduced its turn-key Prepaid Management Platform (PMP) for the Prepaid Debit Card Industry. ARM’s platform transforms the millions of raw transaction data points stored in legacy processor platforms into actionable information, enabling program managers and issuers to make intelligent business decisions and to automate many manual tasks. The PMP is accessible via a secure, PCI Level 1 compliant web infrastructure, using a highly-intuitive and user-friendly interface.
ARM’s PMP provides issuers and program managers a variety of informative and useful functions, including: program dashboard reporting and analytics; automated suspicious activity monitoring; program profitability analysis; negative balance analysis, management and reconciliation; chargeback management; Subpoena Responder compliance reporting and more.
“Without ARM’s Platform we could not run our business today and grow at the rates we have experienced over the past two years,” said Burke Rice, EVP, TFG Card Solutions, Inc. “ARM’s Prepaid Management Platform turns legacy data into valuable management information, allowing us to run our business much more efficiently.”
The ARM PCI Level 1 compliant solution resides on top of legacy processor data sources, and is accessible via standard browsers. The PMP is equipped with an intuitive user interface and flexible infrastructure for customized reporting and scalability.
The PMP transforms the time and effort it takes for a Program Manager to build out an operational back office and streamlines areas of compliance and reporting. Along with time to market acceleration, ARM’s PMP architecture is very affordable for Programs of all sizes.
“Transaction data has historically been very difficult to work with due to its source, legacy processor platform technology. Given our experience in transaction data analytics, we saw the opportunity fill an industry gap and provide a platform that makes transaction data much more intelligent and actionable,” said Randy Koch, President of ARM Insight, Inc. “With this added visibility, program managers and issuing banks can optimize business operations, eliminate many costly and inefficient manual tasks, and improve regulatory compliance”
With ARM, Program Managers can spend more time on marketing, customer service and operations instead of software development and report building.