Banking Payment Modernization with Real-Time Orchestration
Orchestrate cross-border payments across multiple rails with embedded compliance, real-time settlement, and full treasury controls. Reduce costs by 25-40%, achieve 92-98% STP rates, and cut audit prep time by 60-75%.
Why banks need payment modernization#
Regional banks face mounting pressure from rising operational costs, complex regulatory requirements, and customer demands for faster cross-border payments. Legacy systems struggle to keep pace with real-time rails, ISO 20022 migration, and escalating compliance burdens.
Pain
High per-transaction costs, manual compliance reviews, slow corridor launches, and weeks of audit preparation drain resources.
Agitate
Every failed payment erodes customer trust. Manual screening generates false positives that slow approvals. Adding new corridors takes months. Regulators demand faster evidence.
Solve
Automated orchestration reduces transaction costs by 25–40%, achieves 92–98% straight-through processing, launches corridors in days instead of weeks, and cuts audit prep by 60–75%.
What you get
Cut transaction costs
Smart rail selection and automated routing reduce per-transaction expenses by 25–40%.
Benefit: lower payment processing costs across all corridors.
Improve processing efficiency
Automated compliance checks and straight-through processing reach 92–98% success rates.
Benefit: fewer manual interventions, faster settlement.
Launch corridors faster
Pre-built rail connectors and policy templates reduce corridor setup from weeks to days.
Benefit: expand into new markets quickly.
Reduce audit burden
Automated evidence collection and compliance reporting cut audit prep time by 60–75%.
Benefit: meet regulatory requirements with less effort.
Gain operational visibility
Real-time dashboards show corridor performance, settlement status, and exception patterns.
Benefit: make data-driven decisions to optimize operations.
How it works
Ingest
Accounts, corridors, KYC/KYB, limits, rails
Decide
Policy-as-code applies risk gates; routing selects rail + fallback
Execute
Idempotent pay-in/out, FX path, settlement; webhooks and receipts
Reconcile
Postings, match hints, exports to ERP and regulators
Typical impact
Controls and assurances
Security
- •Encryption in transit and at rest
- •KMS/HSM key management
- •SSO, MFA, and SCIM provisioning
- •Role-based access control with full audit logs
Governance
- •Maker-checker approval workflows
- •Versioned policy management
- •Complete reviewer audit trails
- •Automated compliance reporting and exports
Residency
- •Regional data residency (EU, US, UK, Singapore, Australia)
- •Customer-managed encryption keys
- •Data sovereignty guarantees
- •Local processing and storage
Regional compliance coverage#
Meet regulatory requirements across 8 major financial jurisdictions with built-in compliance frameworks, local rail integrations, and automated reporting.
United States
- •Federal Reserve compliance
- •FinCEN anti-money laundering requirements
- •OFAC sanctions screening
- •RTP and FedNow integration
Canada
- •FINTRAC compliance
- •Payments Canada oversight
- •RTR (Real-Time Rail) integration
- •PIPEDA data protection
Mexico
- •Banxico regulatory compliance
- •SPEI instant payment integration
- •CNBV supervision standards
- •LFPIORPI anti-money laundering
United Kingdom
- •FCA regulatory compliance
- •Faster Payments integration
- •UK GDPR data protection
- •Bacs and CHAPS connectivity
European Union
- •PSD2 strong customer authentication
- •GDPR data privacy compliance
- •SEPA Instant payment scheme
- •ECB oversight requirements
India
- •RBI compliance
- •UPI (Unified Payments Interface) integration
- •IMPS and NEFT connectivity
- •IT Act data protection
Singapore
- •MAS Technology Risk Management (TRM)
- •PDPA data protection
- •FAST and PayNow integration
- •IMAS payment oversight
Australia
- •APRA CPS 234 information security
- •Privacy Act compliance
- •NPP (New Payments Platform) integration
- •ASIC regulatory requirements
Data residency and sovereignty#
Maintain full control over where your data is processed and stored with regional data residency options across 8 jurisdictions and customer-managed encryption keys.
Regional hosting options
- •European Union: Frankfurt and Dublin data centers with GDPR compliance
- •United States: Virginia and Oregon regions with SOC 2 Type II certification
- •Canada: Toronto region with FINTRAC and PIPEDA compliance
- •Mexico: Mexico City region with Banxico and CNBV alignment
- •United Kingdom: London data center with FCA alignment
- •India: Mumbai region with RBI compliance and IT Act controls
- •Singapore: MAS-compliant hosting with PDPA controls
- •Australia: Sydney region with APRA CPS 234 compliance
Customer-managed encryption
- •Bring your own keys (BYOK) with AWS KMS, Azure Key Vault, or Google Cloud KMS
- •Per-tenant or per-region key isolation for multi-entity structures
- •Automated key rotation schedules with audit logging
- •Immediate key revocation capabilities for incident response
- •Hardware security module (HSM) backing for critical operations
Regional decision factors#
Bank payment modernization priorities vary by region based on regulatory mandates, real-time rail maturity, and customer expectations. Here's what matters most for banking institutions in each market.
North America (US & Canada)
Banks prioritize RTP/FedNow adoption and ACH modernization while managing legacy infrastructure. Procurement cycles typically span 6-9 months with board-level approval.
- •Primary focus: RTP, FedNow, and RTR real-time rails alongside ACH optimization
- •Regulatory drivers: Federal Reserve oversight, FINTRAC compliance, cross-border reporting
- •Cost priority: 25-40% transaction cost reduction through intelligent rail selection
- •Evaluation timeline: 6-9 month procurement with POC, security review, and board approval
Mexico & Latin America
Rapid real-time rail adoption (SPEI, PIX) drives modernization. Banks emphasize remittance corridors and compliance automation for cross-border flows.
- •Primary focus: SPEI (Mexico) and PIX (Brazil) instant payment integration
- •Regulatory drivers: Banxico oversight, CNBV supervision, remittance corridor compliance
- •Speed priority: Launch new corridors in 3-5 days vs. weeks with legacy systems
- •Regional specifics: Cross-border to US/Canada, domestic instant payments, FX automation
United Kingdom
Mature Faster Payments infrastructure with focus on STP rates and contingency routing. Regulatory compliance and audit readiness are paramount.
- •Primary focus: Faster Payments throughput optimization, Bacs efficiency, CHAPS fallback
- •Regulatory drivers: FCA compliance, Payment Systems Regulator oversight, audit readiness
- •STP priority: Achieve 92-98% straight-through processing with automated exception handling
- •Evaluation timeline: 4-6 month procurement with emphasis on regulatory evidence and controls
European Union
PSD2 SCA enforcement and SEPA Instant adoption drive modernization. Banks emphasize compliance automation and multi-country corridor management.
- •Primary focus: SEPA Instant integration, PSD2 SCA compliance, cross-border EUR corridors
- •Regulatory drivers: ECB oversight, PSD2 strong customer authentication, GDPR data sovereignty
- •Compliance priority: Automated SCA, audit trails, 60-75% reduction in compliance prep time
- •Regional specifics: Multi-country operations, EUR zone optimization, local scheme connectivity
India
UPI dominance drives real-time expectations. Banks focus on high-volume domestic automation and international remittance corridors.
- •Primary focus: UPI integration, IMPS/NEFT optimization, international remittance corridors
- •Regulatory drivers: RBI compliance, IT Act data protection, cross-border reporting
- •Volume priority: Handle millions of daily transactions with 99.5%+ uptime and low latency
- •Speed specifics: Instant domestic settlement, 24/7 operations, festival peak handling
Singapore & APAC
Advanced real-time rails (FAST, PayNow) with MAS technology standards. Banks emphasize multi-currency orchestration and regional connectivity.
- •Primary focus: FAST/PayNow integration, regional corridor connectivity (Thailand, Malaysia, Indonesia)
- •Regulatory drivers: MAS TRM compliance, PDPA data protection, cross-border linkages
- •Multi-currency priority: SGD, USD, EUR, CNY orchestration with competitive FX routing
- •Evaluation timeline: 3-5 month procurement with emphasis on API performance and resilience
Australia & New Zealand
NPP maturity with focus on PayID adoption and regional expansion. Banks emphasize treasury controls and cross-Tasman corridors.
- •Primary focus: NPP optimization, PayID adoption, cross-Tasman (AU-NZ) corridors
- •Regulatory drivers: APRA CPS 234, Privacy Act compliance, AUSTRAC reporting
- •Treasury priority: Real-time liquidity management, AUD/NZD FX optimization, settlement controls
- •Regional specifics: Time zone considerations, AU-NZ business flows, APAC connectivity
Integrations#
Payment Rails: SWIFT, SEPA Instant, Faster Payments, RTP, FedNow, ACH, UPI, FAST, PayNow, NPP, SPEI, PIX, RTR
Core Banking: FIS, Fiserv, Jack Henry, Temenos, Mambu, Thought Machine, and custom cores via API or file integration
Compliance & Risk: KYC/KYB providers, sanctions screening, transaction monitoring, fraud detection, audit trail exports
Operations: ERP/bank-feed exports, SIEM/GRC hooks, reconciliation systems, treasury management platforms
Demo workflow
Upload a batch or call three APIs to see: chosen rail + fallback, policy explainability, FX and cutoff reasoning, finality receipt, and reconciliation hints. Test with your corridors and compliance rules.
Upload batch
Test with your sample data
Call APIs
3-step integration demo
Get receipts
Finality + reconciliation
Implementation & rollout
Corridor mapping and policy import
Define your existing corridors, counterparties, and compliance rules. Import policies and test in sandbox.
Pilot a low-risk corridor with dual controls
Run a single corridor in parallel with your existing system. Validate outcomes with maker-checker approvals.
Expand rails, enable monitoring, turn on net/gross rules
Add more corridors and payment rails. Enable real-time monitoring and automated settlement rules.
Hand to ops with dashboards and alerts
Transition to production with full observability, alerting, and exception handling for your operations team.
Common questions
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Trust & Security
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See it on your corridors
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