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Product Management Root Cause Analysis Question: Investigating sudden drop in mobile money transactions

Why has the number of successful transactions on Cellulant's mobile money platform dropped by 30% in the last week?

Data Analysis Problem-Solving Technical Understanding Fintech Mobile Banking Digital Payments
Fintech Root Cause Analysis System Performance Transaction Processing Mobile Money

Introduction

The sudden 30% drop in successful transactions on Cellulant's mobile money platform over the past week is a critical issue that demands immediate attention. This analysis will systematically investigate potential root causes, develop data-driven hypotheses, and propose a strategic plan to address the problem. We'll examine both internal and external factors, considering technical, user behavior, and market-related aspects to ensure a comprehensive understanding of the situation.

Framework overview

This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.

Step 1

Clarifying Questions (3 minutes)

  • Looking at the timing, I'm thinking there might be a recent system change. Has there been any significant update or maintenance to the platform in the last 10 days?

Why it matters: Recent changes often correlate with performance issues. Expected answer: Yes, a minor update was deployed last week. Impact on approach: If confirmed, we'd prioritize investigating that update.

  • Considering user segments, I'm curious about the distribution of the drop. Is the 30% decrease uniform across all user types, or are certain segments more affected?

Why it matters: Helps narrow down potential user-specific or feature-specific issues. Expected answer: The drop is more pronounced among small business users. Impact on approach: We'd focus on small business-specific features or use cases.

  • Given the magnitude of the drop, I'm wondering about external factors. Have there been any significant economic events or regulatory changes in the market recently?

Why it matters: External factors could explain sudden, large-scale changes. Expected answer: No major economic or regulatory shifts noted. Impact on approach: We'd shift focus more towards internal factors and user behavior.

  • Thinking about system health, I'm concerned about potential technical issues. Have there been any reported increases in error rates or system downtime?

Why it matters: Technical problems often manifest in transaction failures. Expected answer: Error rates have increased slightly, but no major outages reported. Impact on approach: We'd investigate the nature and impact of these errors more closely.

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