CASE STUDY - Spendable

Spendable is an online debit card provisioning system with social networking aspects. Customers can apply online and once approved, can activate and use their debit card.
Challenge

Build an online bank with social networking aspects that customers can use to apply, activate and use. Post activation, customers could build their spending network of friends invited through social networks. Each customerÂ’s spending network shall provide network-spend based bonus cash awards. The design and implementation has to accommodate a potentially large customer and customer network population.

Solution
Implemented a multi-tier solution including a plugin based back-end interfacing component to card processing vendors. The solution consisted of both a Web Application as well as back-office processing components that interacted with the card processor to provide customers up-to-the-minute transaction history. The back-office components also computed spend-based cash awards accurately and awarded bonuses monthly.
Result
The product was launched successfully with features exactly as planned.

I have really enjoyed working with you and your team. This was a very difficult task and I don’t know many teams who can pull it off. Thank you. I will work with you again in a heartbeat!! Mike Allen

Product Owner, Spendable