Fintech & paymentsStory & newspaper

Name Match Clinic

One name, fourteen spellings: transliteration's share of failed transfers, diagnosed and cured.

Listen
Reason
Act
Verify
Learn
Closes 4 of 5: Listen, Reason, Act, Verify

The job

Measures how many failed person-to-person transfers and remittances are really down to names spelled differently when converted from another alphabet. Fixes the matching, the wording and the bot answer, and holds each receiving bank to account with before and after verdicts.

The moment

Example, illustrative figures
  1. The product manager types a common first name into a test box, and a family tree spreads out into 14 spellings.

  2. 38% of last holiday season's name-mismatch complaints involved the same first name spelled differently by the sender and the receiving bank.

  3. Two branches of the tree are thick red at one receiving bank. That evidence goes into a letter to the bank.

  4. Within the week, the bank changes how closely names must match. The scorecard before the holidays shows its row turn from red to green.

What it does

  • Send the evidence letter
  • Draft copy fix and bot answer
  • Register a fix
  • Drill any spelling

What you see

Clinic layout (diagnosis, exhibits, prescription) around a name family tree, with a live try-a-name box and a per-bank scorecard

  1. Screen 1: Diagnosis
  2. Screen 2: Family Tree
  3. Screen 3: Try a Name
  4. Screen 4: Prescription & Scorecard

What it moves

Name-mismatch complaints per week, by receiving bank and group of spellings, before and after each fix, and the share of all failed-transfer complaints caused by name mismatches.

Built for

  • Product & digital
  • Partners & ecosystem
  • Frontline staff
OnClarity

Bring the one question your current platform can't answer.

Our team will map it to the apps that answer it, then set them up on your own feedback.

Talk to our team

Examples use illustrative figures. Apps are set up with our team on your own feedback data, and setup varies by app.

OnClarity

Bring the one question your current platform can't answer.

Our team will map it to the apps that answer it, then set them up on your own feedback.

Talk to our team

Examples use illustrative figures. Apps are set up with our team on your own feedback data, and setup varies by app.

OnClarity

Bring the one question your current platform can't answer.

Our team will map it to the apps that answer it, then set them up on your own feedback.

Talk to our team

Examples use illustrative figures. Apps are set up with our team on your own feedback data, and setup varies by app.