Global competition for
cards and payments specialists
LONDON,
15 December 2015 – Lafferty Group today announced the launch of Lafferty
World Series of Business Games, an online business game for cards and payments
professionals.
The
first tournament will start in March 2016, running over a number of weeks. The
game is designed for teams to be able to participate around existing work and
personal commitments – played remotely via online submissions
competing against teams from around the world. Each team is guaranteed to
play in the qualifying competitions in their national leagues.
The
leading qualifying teams will then be invited to compete in the final series in
London later in
the year, for the chance to be crowned Lafferty World Series Champions.
The
interactive cards and payments game challenges teams to build and grow a successful
cards business in a simulated world that is constructed using Lafferty's World
Cards Intelligence database, reflecting industry changes tracked by Lafferty
across the cards and payments landscape.
“There’s
a demand for business games now in the cards and payments area because cards
are back and along with that resurgence comes a big opportunity,” said
Lafferty Group COO Rónán Lynch. “With these business games, teams can
test themselves against other players, using fictionalised real-world data in
real-world conditions – and the upside is that there’s no money at
risk. So even teams that don’t win at a national or international level
are not going to lose anything. And everyone will get to learn from the winning
teams.”
Lafferty
Group is running the games in partnership with Optima Consultancy, which has
deep industry experience of operating real models for schemes, banks, payments
and telecoms businesses.
“There’s
no better way to learn than to get practical experience,” said
Optima’s founding director, Mark O’Keefe. “The next best
thing is to play in a realistic simulation, testing yourself against a global
base of peers. Each team will have to play against the situation they face,
analysing and reacting to the conditions of the market and the actions of their
competition.”
David
Hickey, head of retail banking and cards and payments research at Lafferty
Group said cards were back. “Growth has been across the world,” he
said, “with strong growth in established markets including the UK and the US. China has been a global engine
of growth, with India
showing great potential.”
Further
details and registration information can be found at www.laffertyworldseries.com.