Global Payment Solution (GPS)
Infosys' Global Payment Solution offers a centralized and standardized financial messaging and payment interaction management system to integrate core banking for retail and wholesale payment processing, regulatory compliance, business process automation and management.
Our solution enables banks to collaborate across the financial supply chain through standardized external interfaces and internal business flow definition capabilities. It offers standard, specialized and custom financial messaging services that help create, automate and coordinate various processes for payment instruction processing.
Features
- Service-Oriented and Enterprise Bus-based payment architecture
- ISO 20022 - UNIFI-based Common Information Model
- Inter Message Transformations and Business Rules-based validations and routing
- Centralized transaction data store
- Integrated Portal for business and IT needs
- Cross banking product integrations and automated business process management
- Compliance checks based on business and regulatory requirements such as OFAC/AML, SEPA, etc.
- Integration with corporate clients and financial messaging gateways such as Swift, STEP2, etc.
- Business and IT Exception Management with manual message entry and repair
- Rapidly build and plug-in special custom services
Benefits
- Improves payment processing times
- Reduces the total cost of ownership
- Improves the total customer experience
- Solution extensible as a LOB service
- Identifies fraud patterns and business exceptions easily
- Aids efficient Liquidity Management
- Consolidated and standardized view
- Standardized and optimized interactions
- Faster regulatory adaptation.
- Ease of extensibility and changeability
- Flexibility to respond to market dynamics
- Aids identification of new payment revenue sources
Global Payment Solution