Presentation/Demonstratio {CL
n
to
Rt. Hon. Frank Field, MP
Minister for Welfare Reform
Thursday 16th July 1998
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Agenda
¢ Introduction
¢ The Horizon service
— Requirements / Solution
— Demonstrations
— Banking services at the Post Office
— Payment card
= Fraud savings
= Family budgetting
¢ Summary and close
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Requirement
Ss
y,
¢ Automation to: (CL
— enable re-engineering
— improve competitiveness
— kill encashment fraud
— reduce administration
costs
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The Services
° Benefits Agency: ,
— 20+ benefits, £80bn, 900m payments (CL
— Payment Management Service
— Card Management Service
— Fraud prevention and detection
¢ Government Clients: DVLA, National Savings
e Licencing: television, driver, vehicle, fishing
¢ Bill payments: gas, water, electricity, telephone,
cable, LAs
¢ Over 170 services for over 300 clients handling
£125bn pa
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Design Aims
- No technical knowledge ICL
Intuitive, event driven
Allows user to concentrate on quality
Customer Service
Very high security
Fast and resilient
Smart card enabled from Day 1
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Solution
eles
az
gale POCL POCL
BA CAPS Clients ; y,
Card / I
Management — Lf
J
“ f Transaction
1 - Inventory Cc i
Information entral Services
CMS PAS. oBCS Help External Processing Management
Desk Links I Layer
I Backbone Network
~ ~ Correspondence TMS Layer
; =I Servers
a ~~ (federated for resilience)
Systems Management. I I
aa ~— _— ——
< “(Branch ISDN Network » 3
~ » — iy
Post Office
Layer
GROUND ICL Pathway 1998
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Demonstrations
® Release 1C Demonstration
y,
— Live in NE & SW iCL
— 204 Post Offices
— Paying Benefit to Customers
NOW!
® Release 2 Demonstration - National Rollout
— BES
— OBCS
— EPOSS
— APS
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Banking Services at the
Post Office
BoB Gre ON ne GROUND
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Product Definition
Withdrawals
Deposits (CL
— Savings, utility payments, pension contributions
Account balances
Opening new accounts
Investment information
Card based services
— Magnetic stripe cards
~ Smart cards
Pin pad authorisation
BoB Gre ON ne GROUND
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POCL’s Position
- Strengths ‘CL
— 45 million transactions p.a.
— National Savings, Girobank,
Lloyds/TSB, Co-op
— Face to face personal service
— Reach in community
— Secure and Trusted
— 28m customers per week
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The Banks
¢ Banking trends that support POCL iCL
— Closing branch networks
— Reduced reach in community
— Poor access to rural customers
— Additional choice for customers
— Avoid non-profitable counter
transactions
— Move to sales offices
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POCL’s Position
e Key Challenges ‘CL
—~ £1.1bn cost base : current transactions
are expensive
— Market VERY competitive. Requires:
- Low price to client
- No charge to customer
- Well funded, aggressive marketing
~ Access to ATM networks (e.g. LINK)
- Additional transaction charges
- Requires agreement from the Banks
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The Banks
e Key issues for the Banks iCL
~ Access to ATM networks for POCL
- Existing revenues from ATM transactions
- Competing ATM networks
— Risk of customers being poached
at the Post Office
— Charge from POCL - will only pay a low
fee
— Transaction charges to customers
— Channel of last resort
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The Business Proposition
¢ Natural core business for POCL
¢ Supports ‘social banking’ ICL
¢ Market exists - potential growth area
BUT:
¢ Uncertain volumes
— Customer incentivised to other channels
— Charges to Banks / Charges to customers
* Requires POCL to price competitively
¢ Incremental investment
¢ Requires ‘permission’ of the Banks
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Progress to Banking - The Way
Forward
e Issues for moving to ACT
y,
@ Requires banking in national Post Office (CL
network to provide access
@ Replace BA revenue - remove dependency
e Control timing of move to ACT
e Support POCL in re-engineering the network
e Re-engineering will take time
(5-10 years)
e CARD or PAPER?
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Benefits of Payment Card over
Paper
e Reduced paper processing costs (CL
e Retain flexibility for customer
e Fraud savings
Delivers Good Value
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Retain Flexibility for Customer
Payments at ‘foreign’ offices
RPOI - Restricted to nominated Post Office ‘CL
Temporary tokens
Emergency payments
Temporary agents
Carded casual agents
Standing / permanent agents
Alternative payee - Child benefit
Milk tokens
Contingency payments - BA system failure
Appointee - court appointed
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Fraud Savings
e Positive authorisation of all payments iCL
e Counterfeit/lost/stolen cards
e Cardholder verification
— Pick Up Notices (PUNs)
— Extended Verification Procedure (EVP)
— Signature and card detail checks
e Fraud Risk Management Service
— Monitoring, trend analysis
— Investigation support
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Fraud Management - ICL
Vision
(CL
e £7bn - fraud & overpayment
— Low value, high volume (majority)
~— High value, low volume (landlords/org crime)
e Big target - but to reduce by 75%:
— Very high cost/ long timescales
e Low investment / quick wins
— Use automation for low value, high volume
~ Support fraud teams for high value, low
volume
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eClaim Support G
eFraud Investigation - profiling, sampling, evidence © Government
eClaim Verification - sampling of batch updates Services
Y)
(CL
e System
Services
(ICL)
eNotify change of circumstances
eClaim inspection e Customer
eHB Payments Ss .
eBA Payments ervices
eDebt Recovery
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Benefits of Payment Card
e Up-front fraud savings
e Starts to create data matching information , CL
e Consistent with, & 1st step towards, long term
anti-fraud vision
e Helps address issues on quality of BA data
e Visible sign of govt. use of cards to attack fraud
e Use card as basis of other anti-fraud services
at Post Offices
—~ Claims
— Change of circumstances
—~ Housing benefit payments
— Debt recovery
e Reconciliation of payments
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Benefits of Payment Card
e Long term solution for ‘tail’ ‘CL
e Gets people used to cards for benefits
e Puts in place card for cross govt. single
citizen card
e Enhances modernity of Post Office
—~ Demonstrate modernity to clients and banks
—~ Demonstrate modernity to POCL’s customers
e Delivers quick win in ‘social banking’
— Family budgeting service
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Social Banking
e Definition - includes:
y,
~ Provide more than just money ICL
~ Provide tools to help manage finances
~ Banking for the unbanked/cash minded
e Key issues in short term:
—~ No direct government funding
~ Target market traditionally unprofitable for
banks
— Prohibitive costs of statementing and
a/c management
~ Nocross-selling or related business
ONDDOT a
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Olruvion Tor tne Or
Term
e Provide Family Budgeting Service
— Target customers - card based benefit recipients ‘CL
— Target clients - utility companies
— Register with utility for family budgeting payment
— Swipe of benefit card prompts bill payments
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Olruvion Tor tne Or
Term
e Provide Family Budgeting Service
— Target customers - card based benefit recipients ‘CL
— Target clients - utility companies
— Register with utility for family budgeting payment
— Swipe of benefit card prompts bill payments
e Key wins:
~ Cost of statementing and a/c mgmt borne by utilities
— Providing more than just money - tool to help manage
finances
~ Govt. delivers 1st phase of social banking at no cost
— Govt. (POCL), Industry (A&L), and Utilities working
together to deliver government initiative
— Utilities reduce debt management problems
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Summary
e For BA e For Customers iCL
— reduced administration - easy transformation
costs to full banking
— reduction in fraud — help with family budgeting
— data cleansing — helps social inclusion
e For Post Office e For HMG
— drive into Financial — route to delivery of
Services automated services
— a modern automated — attack on fraud
service
— preserved network
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I PASICMS
HELP DESK Y
De La Rue
Ey. eS
Belfast
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Lytham Systems
Management,
BOOTLE DATA
Card Production
*
CENTRE
\ HELP DESK
) ; we
(\ Energis ey Nae
/ / Command
Centre
ICL Pathway 1998
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Benefits of Card over
Paper
Reduced paper processing costs } Delivers ICL
Fraud savings while still flexible } Good Value
Starts to create data matching information
Consistent with, & 1st step towards, long term
anti-fraud vision
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Fraud Management - ICL
Vision a
e Long term approach e Quick Win Approach
— 1 é
7 pig target (£7Bn) e Data Matching (CL
g ,’ — detection
— long timescales — deterrence
- BUT — prevention
e Short Term Wins e Inputs
— tackle high risk areas — claims details
— use automation on high ~ change of
volume but low value circumstances
fraud —
— support for fraud teams ° Investigation support
for low volume, high - profiling
value fraud - sampling
— © UCT]
FORCE EON: THER GR OUND ICL Pathway 1998
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Fraud Management - ICL
Vision a
e Long term approach e Quick Win Approach
— 1 é
7 pig target (£7Bn) e Data Matching (CL
g ,’ — detection
— long timescales — deterrence
- BUT — prevention
e Short Term Wins e Inputs
— tackle high risk areas — claims details
— use automation on high ~ change of
volume but low value circumstances
fraud —
— support for fraud teams ° Investigation support
for low volume, high - profiling
value fraud - sampling
— © UCT]
FORCE EON: THER GR OUND ICL Pathway 1998