The Change Account
One of the first UK challenger Banks
A few details
Project Description
Change Account Limited wanted to develop a transactional account product, known as The Change Account, aimed as an alternative to the traditional current account products available.
The project aimed to deliver an online banking platform that will allow users log into their account in a secure manner and perform various standard banking functions, including viewing statements, transferring funds to another account, checking current balance etc.
Additionally Change Account Limited wanted to deliver a native iPhone and Android application, which would include a subset of the functionality provided on the online system.
How we solved it
Our approach
Lyfthelm provided a system for delivery of The Change Account, a number of technology and financial providers were linked together in order to provide the functionality required.
The following list of different providers were involved:
- Barclays Bank: account loading transaction file.
- AccessPay: Direct Debit processing
- PCT: BancTec’s PrePaid platform
- FIS: Wallet loading/unloading functionality
