Ambit Payments Processing

Internal pressures, increased competition and industry initiatives such as SEPA require banks to achieve higher STP rates, real-time visibility and increased efficiency, from payment initiation to back-end processing. Ambit Payments Processing provides the basic ingredients for SEPA-compliance. Ambit Payments Processing also facilitates consolidation of payment streams on a single platform and the delivery of value-added, services such as e-invoicing, remittance advice handling and reconciliation services.

Click here for more information on Ambit Payments Processing for Retail Banking

Click here for more information on Ambit Payments Processing for Corporate Banking

Features

  • Supports a range of technical and functional validations, including: syntax, IBAN/BIC, duplicates, integrity and numerous local validations
  • Consolidates diverse payment streams into one centrally managed platform
  • Provides support for different inbound and outbound payment formats including domestic format sets and international format sets such as SWIFT, EDIFACT and ISO20022 standards
  • Includes out-of-the-box best practice workflows as well as customizable workflows
  • Standardizes payment processing across various system types, geographic regions, entities, as well as payment types

Benefits

  • Helps enable scalable end-to-end STP for the processing and exchange of payments and reporting information in different formats through multiple communication protocols
  • Reduces operational costs and risks
  • Helps your commercial customers centralize and consolidate the payment process across all regions, entities and payment instruments
  • Allows you to offer new services in quicker timeframes and at a lower cost
  • Delivers enhanced visibility of payment information across all data systems, facilitates reporting and improves liquidity management

Brochures & Datasheets