The Sunset of Base24: A Wake-Up Call for Banks' Retail Payment Operations

ID Number: G00168427

29 June 2009

Kristin R. Moyer Christophe Uzureau Stessa B Cohen

Banks and processors should use the sunset of Base24 as an opportunity to transform their retail payment operations. Replacing Base24 is not just about card management.

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Table of Contents

Analysis

1.0

Introduction

2.0

Analysis

2.1

The Challenge: Migrate Off Base24

2.2

The Opportunity: Use the Sunset of Base24 to Innovate

2.3

Innovation Opportunities Enabled by the Sunset of Base24

2.3.1		Include Cards in Payment Governance Initiatives
2.3.2		Consolidate Processing Platforms
2.3.3		Consolidate Processing Centers
2.3.4		Move Card Processing Operations Toward the PSH
2.3.5		Execute Deeper Multichannel Integration

2.4

Conclusion

3.0

Recommendations

Recommended Reading

Upgrades and Migration
Electronic Payments
Banking Systems

© 2009 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner's research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

Resource Id: 1047812