Payment Services Data models enterprise data models data warehouse models industry data models generic data models best practice data models Erwin Allfusion data models HP Oracle EDS

The Payment Services industry models consists of a set of integrated logical data models developed for companies providing payment services for individual consumers and business.

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> Business Area Models
> Data Warehouse Models
> Data Mart Models

The demand for new services and new products has created an industry used by by both consumers and businesses for payments, money transfers, purchases, prepaid services and collection activities.

Typical services provided include:

• Money Transfer
• Money Orders
• Bill Payment
• Cash Payments
• Prepaid Cards
• Collections
• Purchase Payments
• Email Billing
• Purchase Payments
• Automatic Clearing House (ACH)

Remittances, which are funds transferred by foreign workers to their home countries, in 2006 amounted to $250 billion with an increase of 30% per year anticipated.

The public wire transfer firms have retain dominance in this field. Despite major marketing campaigns and significant investments, US banks have only a small percentage of the remittance transfer market. Citibank, Wells Fargo, Harris Bank and Bank of America, which are the four largest US banks in the remittance field, provide only 3 percent of the estimated 40 million remittance transaction between the US and Mexico each year.

Western Union alone has 270,000 agent locations in over 200 countries with reported annual revenues of $3 billion.

The Payment Service industry models are designed to address the integrated data requirements of payment services organizations.

> Customer
> Account
> Service
> Transaction
> Marketing & Advertising
> Financial Reporting
> Business Metrics

"ADRM Vertical Industry Data Models"
(212KB pdf)

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