SaaS predictive analytics for banks and payment providers to improve their card payment business profitability, with specific focus on controlling and and optimizing their Visa and Mastercard fees.

Banks and other payment market players are underperforming in terms of costs efficiency, especially when it comes to the fees by card schemes like Visa and Mastercard. Today banks every year overpay more than 9 billion euro in such fees to card schemes. It happens because these fees have a very difficult structure which rapidly changes over time. And banks nowadays mostly manage these costs manually.

Torus team developed a cloud-based analytics suite, which utilises the data already existing in banks and helps them to:

1. deeper understand what exactly they are paying for to card schemes
2. find mistakes in the invoices
3. optimize these costs by up to 20%