Temenos Payments

A universal payment solution which can be used to process all payment types in all geographies. Local clearing and other formats can be configured using built-in integration tooling, and the solution supports the entire payment lifecycle from initial order capture to final message processing.

A dedicated payment order capability enables you to selectively divert payments that are ready for execution directly to Temenos, with other payments being sent to your downstream systems for further processing. This capability improves customer experience and enhances processing efficiency.

The solution is highly scalable and is built using cloud-native and cloud-agnostic technology. This means that it can elastically scale out and in as required by varying payment processing volumes, whilst allowing for efficient and resilient operation.

Our standalone Instant Payments modules, support both domestic and SEPA schemes and are fully compatible with any scheme; adapting to changing scheme rules and individual needs.

The Payments Repair module markedly improves straight-through processing (STP) rates by automatically repairing and enriching messages. This enables payment transactions to be conducted electronically without the need for re-keying or manual interventions.

Temenos Payments includes role-based dashboards, Nostro account views and risk filtering functionality.

All financial institutions using SWIFT need to be able to confirm payments to the SWIFT gpi tracker by the end of 2020. Temenos Payments is already compliant, thus enabling banks to remain compliant, embrace new payments services as they appear and provide an engaging customer experience.