The Challenge
As a prepaid card program manager, Dash Solutions faced growing demands from clients, which strained their existing service model. Their traditional approach required substantial human intervention and manual processes, limiting scalability and speed to market. Key challenges included:
• Manual and time-consuming processes that hindered their ability to service more clients
• Increased operational overhead as the client base grew, making it difficult to scale efficiently• Limited integration with client systems, resulting in inefficiencies and a less seamless client experience
• Slower product launch cycles compared to their competitors, delaying their ability to respond to market demands
• Struggling to grow without increasing support headcount, which impacted profitability
To remain competitive and grow, Dash Solutions needed to shift from a service-heavy model to a technology-driven solution that could enhance scalability, accelerate product launches, and improve client engagement.
The Solution
thinkbridge partnered with Dash Solutions to develop a fintech platform that would revolutionize their operations and how they brought new products to market. By applying technology to their services, thinkbridge enabled Dash Solutions to transition into a fintech leader. Key components of the solution included:
New Fintech Platform: The core of Dash Solutions' transformation was the deployment of a scalable fintech platform that automated many of the processes that had previously required manual intervention. This platform enabled account managers to service 10x more clients by automating tasks such as prepaid card management, reporting, and compliance.
API Integration with Client Systems: A crucial innovation was the development of an API platform that allowed Dash Solutions' fintech platform to plug directly into their clients' existing systems. This seamless integration eliminated inefficiencies and transformed how clients interacted with Dash Solutions, providing real-time data and greater control over their prepaid card programs.
Accelerated Product Launch Cycles: Dash Solutions leveraged the flexibility and scalability of their fintech platform to launch new prepaid card products 8 times faster than before. This speed gave them a significant competitive advantage, allowing them to go to market faster and meet customer demands more effectively.