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Payments

Added value through payment services hubs

Regulations, cost, technology evolutions and changing practices: the payment industry is confronted with unprecedented changes that affect the entire value chain. Process streamlining and optimization have paved the way for payment hubs that provide maximum agility, differentiation and industrialization so they can accelerate cost reduction, lead to better risk control and can consolidate and develop revenue.

With numerous active SEPA references, Sopra Banking Payments is a proven solution for payment hubs. Its maximum flexibility, connectivity and scalability make it ideal, regardless of deployment targets and changes in scope, and help it meet the requirements of large banks that need an internal or shared payment hub.

Sopra Banking Payments facilitates centralization through common processing for all payment instruments, mass or single payments, whatever their acquisition channels, interaction, communication and reporting, in a generic format compatible with ISO 20022 and extendable to private data. Sopra Banking Payments meets the performance and reliability challenges related to processing large data volumes and reducing operational costs, and offers standard services and models.

Solution overview

Payments Solution Overview

Advantages in a nutshell

  • reduced cost through economies of scale
  • improved service quality through custom processes
  • accelerated marketing
  • better risk control
  • better regulatory compliance