Prem Kumar Email & Phone Number

Pune, MH, IN

At vKutumb, we understand the unique challenges faced by elderly citizens whose children live far away. Our mission is to provide compassionate and comprehensive healthcare services designed to meet the needs of your loved ones, ensuring their well-being and offering peace of mind to you and your family.

San Jose, CA, US

Area of Expertise - Product Management and Payments Fraud Risk Strategy Payments Auth Optimization strategy Hire and develop a team of Risk professionals Checkout optimization New Forms of Payment enablementBuild vs Buy strategies and implementationPost-transaction risk ManagementFraud AnalyticsProcess Improvements and streamliningATO / Stolen Financial.

San Jose, CA, US

Transaction fraud preventionBuild the risk team from ground up End to end fraud risk management Chargeback management Fraud analytics

Bellevue, WA, US

Create and Manage Strategies for CollectionsLead the development of a new product that would transform the legacy systems to a new state of the art system

Seattle, WA, US

Managed the Hardlines business which represents $500M+ in revenue.

Riverwoods, IL, US

• Fraud Risk Managment
• Operation Management
• Compliance and strategic planning
• Fraud Analytics
• Process Improvements and streamlining
• Fraud Prevention strategies

• Collaborated with six cross-functional teams to deliver project for International Clients from Brazil and China. Project domains:-
• Market expansion
• New market entry
• Performance improvements
• Change management

• Developed detailed market entry strategy for a $1.7 billion company for Indian Market
• Primary and Secondary market research to define the target consumer segment and revenue potential
• Researched Chinese healthcare market in multiple states for potential business opportunity for client’s product
• Estimated setup cost and future expansion cost in the target markets to help client make business decisions and measure success achievements
• Developed the strategy to accomplish growth opportunities of RMB 200 million in the next five years

Champaign, IL, US

• Developing strategic thinking
• Nourishing disruptive Innovation methodologies
• Learning about emergent strategies
• Designing new conflict management systems
• Creating new products for subsistence market

Chicago, Illinois, US

• Strategized business development plan to enter Middle East market with local headquarter in Dubai by end 1Q2013 instead of remotely operating from Chicago office for middle east hospitality clients to optimize contract.
• Researched and built relationships with prospective hospitality and corporate clients with an expected revenue of more than $200 million in next five years
• Negotiated and closed existing business contracts with clients resulting in increase revenue and future business opportunities providing stable revenue stream in next five years
• Contacted and gathered information from more than 50 hotels for market expansion in Middle East to determine the viability of successful product introduction in this new market
• Developed business model for pricing methodologies of products in international market taking into consideration per capita income in different geographies, competitor pricing and other similar factors
• Developed and executed value-based-selling campaign to boost sales along with partner companies such as Cisco and NEC by leveraging technology to increase customer satisfaction.

New York, New York, US

• Developed strategy to implement online fraud handling technology called “3D Secure” for Russian and Turkish credit card business, saving $200 million per year from fraud loss
• Started a knowledge-sharing group to provide the platform for creativity and process improvements on a continuous basis resulting in an efficient delivery process and increased client satisfaction
• Managed a team of 10 consultants and coordinated the creation of a common technology platform for debit and credit cards across Russia, Turkey, Eastern Europe and Middle East for a top global bank, resulting in savings.
• Formulated and executed a strategy for a conversion project worth $300 million in two separate phases; achieved zero defect level
• Streamlined technology process for a division of fortune 500 company by modularizing the core product in sizeable functional blocks saving $200,000 every year on technology expenditure

Paris, France, FR

• Created an offshore team of 5 programmers and streamlined operations to support First Data China’s card business operations resulting in an increase of $300,000 in revenues per year
• Conducted business operational studies and designed a new version of existing product that increased client revenue by $10 million in 3 years
• Designed and implemented analytical tools resulting in a savings of 300 employee-hours per year

US

Technology Consulting for worlds top banks.Coding for Credit card software products such as VisionPlus

Mba, Strategy And Finance

B.E, Electronics & Telecomm

Bachelor Of Engineering, Electronics And Telecommunications

Science