New Schemes, New Services
Temenos continually rolls out support for new schemes and services to enable Temenos Payments Hub users to maintain compliance for markets they address. This covers global and regional ISO 20022 initiatives as well as new Instant payments services, new market services, and payment instruments.
Temenos Instant Payments is a full service, flexible, real-time payment solution that supports multiple and varied real-time instant payment schemes including both ISO20022 and non-ISO20022 schemes like SEPA Instant and UKFaster Payments. Off-the-shelf support for various schemes – including SEPA Instant via EBA, RT1, ECB TIPS, Iberpay and Equens, UK Faster Payments, Hungary GIRO, Hong Kong Faster Payments, and Argentina Instant Payments.
Temenos Payments Hub supports Swift GPI, a new standard for cross-border payments ensuring that cross-border payments are fast and transparent, allowing financial institutions and corporates to track cross-border payments from end-to-end in real-time, providing visibility on fees and final confirmation of credit of funds.
SWIFT CBPR+ ISO
Temenos is rolling out support for new SWIFT CBPR+ standards, Temenos Payments is built to support ISO20022 standards, it delivers Industry best practice which enables financial institutions to elevate their cross border payments capabilities for greater efficiency, throughput, and customer servicing.
Temenos Payment Solution supports the TARGET2 ISO20022 migration from MT to ISO20022 (MX) messages, and workflows relating to interbank RTGS payments, bringing a brand new infrastructure for banks around Europe.
Temenos Payments Repair enables customers to move their money faster by repairing payments automatically without manual intervention, significantly increasing Straight Through Processing (STP) rates, especially for complicated high value and cross border payment flows.
Request to Pay
Temenos Payments is rolling out its innovative Request to Pay solution providing management of the full RTP lifecycle across all channels. The solution is fully API enabled and compliant with ISO20022 messaging standards and business flows.
Speak To Our Team Today
If you have any questions about the Temenos Payments Hub get in touch today.