Payment hub

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

TietoEVRY Payment Hub is a market leading solution enabling banks and processors to efficiently orchestrate all their payment processing in a single and unified platform.

The solution is a part of TietoEVRY’s full service offering and is fit for Tier 1 and Tier 2 banks as well as smaller banks. TietoEVRY Payment Hub covers all types of payments from complex highvalue international payments to domestic and international SEPA payments.

Key Features

A unified payment hub covering all payments workflows as well as insourcing of payment processing from other financial institutions.

High level of flexibility and configurability with full multi-banking capabilities make the solution suitable for regional and multi-national banks as well as for service bureaus servicing financial institutions.

Provided with plug-and-play interfaces towards various payment processing service providers and clearing houses.

Key Benefits

Compliant with the latest industry developments and standards (e.g. ISO20022, various SEPA rule books and implementation guidelines, SWIFT standards, PSD2).

API-driven solution that facilitates increased interactions with internal and external partners adding value to your payment offering.

Broad set of configurable rules that enables banks to achieve the highest levels of Straight-through processing (STP) and operational efficiency.

Workflows, payment schemes and processing parameters are defined by the bank through configuration.

Well suited for a phased implementation and a gradual migration from a siloed payment processing environment towards a single consolidated platform to fulfil your payment strategy.

Scalable and resilient with 24*7 enabled processing.

Short time-to-market for changes or new propositions enabled by extensive usage of configurations and parameterization controlled by the bank user.

Product/Service details

SOLUTION OR SERVICE TYPE