Steering Bank Technology

Summary:

Media Pro produced the business plan for bank-centric e-payment platform backed by Chase, Wells Fargo and First Union.

At the turn of the century, three major banks — Chase, First Union and Wells Fargo — formed a joint venture to develop the technology needed to offer a bank-centric online billing and payment platform. When a new company was formed to bring the product to market, we developed the business plan which identified every issue critical to success, the many obstacles as well as the opportunities.