Clearing House Payments Modernisation for Existing Banks

This cloud-native SaaS solution enables existing banks to modernise their clearing house payments infrastructure. It supports real-time and batch transaction processing, account verification, authenticated collections, and overlay orchestration, allowing seamless integration with core banking systems while reducing operational overhead and accelerating time-to-market.

Features

• Support for real-time clearing (RTC) and Rapid Payments Programme (RPP)
• Batch and real-time Account Verification Services (AVS-B and AVS-R)
• Electronic Funds Transfer (EFT) debit and credit processing
• Authenticated debit collections workflow
• Simplified payment orchestration via overlay services
• Standard single-channel API for easy integration
• Cloud-native infrastructure with high availability and scalability
• Compliance with ISO/IEC 27001 and SOC 2 standards and gateway certifications

Capabilities

• Acts as a switch between core banking systems and clearing house operators
• Supports both batch and real-time transaction unbatching and routing
• Message translation between banking APIs and clearing protocols
• Full orchestration engine with SLA management, encryption, and monitoring
• Unified gateway connectivity to national payment systems
• Robust execution infrastructure supporting persistence, tracing, and reporting
• Real-time monitoring, alerting, and SLA enforcement
• Modular architecture to easily incorporate new payment schemes

Benefits

• Modernises legacy payment infrastructure without complex core upgrades
• Faster time‑to‑market for new payment capabilities and schemes
• Reduced operational overhead through API-led automation
• Improved transaction reliability and compliance via SLA orchestration
• Scalable, resilient platform aligned with enterprise needs
• Enhanced security through industry-standard certifications and encryption
• Greater flexibility to add services as payment landscapes evolve
• Unified monitoring and reporting for complete visibility and governance