In the face of ever-changing regulations and ever-present cost pressures, banks and financial services providers need to consolidate cash management processes for corporate and bank branches across the globe. With the emergence of the Single Euro Payment Area (SEPA) and an increasingly diverse range of payment instruments generating a significant share of annual revenue, banks are also considering broader business strategies around the development of new products and services to help corporate customers.
CeleritiFinTech’s Payment Transaction Software (PTS) provides a customizable Payments Services Hub that ensures payments compliance and delivers efficient and cost-effective straight-through processing of global electronic payment transactions. With a web-enabled front end, banks can move into new markets and adapt for clearing and settlement requirements without requiring a major investment.
- Create new bank-to-bank business through sharing or outsourcing payments services
- Improve the profitability of many types of customer transactions
- Position for emerging payment instruments including Faster/Instant Payments