Digital. Dynamic. Dependable.
Centralizing Payment Processing at Enterprise Scale
Orchestrate payment processing across all channels, instruments, and currencies. Route payments intelligently, enforce compliance, and monitor transactions in real time with governed, scalable automation.
“Implementing Newgen’s Payment Hub has transformed our payment processes, delivered 60% faster payment processing while lowering operational costs and ensuring compliance with global standards and transaction accuracy to boost overall efficiency.”
Head of Payments, Leading Global Bank
Newgen’s solutions for Payments Automation
Signature Verification System
Ensure guaranteed process compliance and reduced risk.
PDCMS
Get advanced imaging and automation technologies for faster check/cheque clearing.
Automated Clearing House
Eliminate paper-based checks/cheques for routine payments.
Cheque Capture System
Submission of high-quality check/cheque images using camera-equipped smartphones enabling retail and corporate customers and field agents.
Newgen’s solutions for Payments Automation
SWIFT Automation
Cheque Truncation System
SWIFT Automation
Multi-channel Payment Initiation
Omnichannel support for payment initiation (SWIFT MQ, branch walk-in, online banking, tab/mobile banking, emails, bulk uploads, and third-party applications). Support for inward and outward payments. Single-window payment platform for all transaction types (domestic payments, cross-border payments, cover payments). Support for all types of payment instruments (high value, low-value transfers, bulk payments, checks, instant payment, and wire transfers).
Payment Monitoring and Compliances
Report designer capabilities to design and view KPI reports, user/role-specific reports, MIS, and dashboards. On-the-go highly customizable customer notifications module to provide transparency for all transactional payment journeys. Adherence with the latest payment standards (SWIFT, ACH, NEFT, RTGS, instant transfers, ISO 20022, and SWIFT GPI enabled). Support for pre-payment checks (document verification, authorization, AML checks, and duplicate checks).
Cost Reduction, Scalability & Straight-through Processing
Get centralized operations for faster access. Ensure increase in straight-through processing (STP) transactions. Integrate back-end processing to ensure seamless transactions across processes and functions. Process STP and N-STP (Non-Straight-through processing) cases by automatically extracting data from SWIFT messages. Enable validation checks via real-time integration with banking systems (core banking, treasury system, and AML).
Cheque Truncation System
AI-powered Multi-channel Cheque Clearing Initiation
AI-assisted omnichannel support for cheque clearing includes outward scanning, Post-Dated Cheque (PDC) processing, corporate cheque scanning, remote scanning, and mobile cheque capture. It integrates with cheque deposit kiosks and supports both outward and inward clearing, as well as returns. The system adheres to central bank guidelines for image quality analysis.
Secure Cheque Archival and Access
Built-in centralized archival of cheque images and corresponding data. Achieve extensive search and retrieval capabilities. Volume independent archival with easy and quick search capabilities. Get end-to-end process monitoring to remove operational bottlenecks. Ensure comprehensive reporting and audit trails for better compliance and continuous process improvements.
Robust Integration
Ensure tight integration with core banking systems, including T24, Flexcube, Finacle, and more. Get support for extensive list of cheque scanners. Support third-party applications, such as middleware and message queues, for a seamless cheque-clearing experience.
SWIFT Automation
Multi-channel Payment Initiation
Omnichannel support for payment initiation (SWIFT MQ, branch walk-in, online banking, tab/mobile banking, emails, bulk uploads, and third-party applications). Support for inward and outward payments. Single-window payment platform for all transaction types (domestic payments, cross-border payments, cover payments). Support for all types of payment instruments (high value, low-value transfers, bulk payments, checks, instant payment, and wire transfers).
Payment Monitoring and Compliances
Report designer capabilities to design and view KPI reports, user/role-specific reports, MIS, and dashboards. On-the-go highly customizable customer notifications module to provide transparency for all transactional payment journeys. Adherence with the latest payment standards (SWIFT, ACH, NEFT, RTGS, instant transfers, ISO 20022, and SWIFT GPI enabled). Support for pre-payment checks (document verification, authorization, AML checks, and duplicate checks).
Cost Reduction, Scalability & Straight-through Processing
Get centralized operations for faster access. Ensure increase in straight-through processing (STP) transactions. Integrate back-end processing to ensure seamless transactions across processes and functions. Process STP and N-STP (Non-Straight-through processing) cases by automatically extracting data from SWIFT messages. Enable validation checks via real-time integration with banking systems (core banking, treasury system, and AML).
Cheque Truncation System
AI-powered Multi-channel Cheque Clearing Initiation
AI-assisted omnichannel support for cheque clearing includes outward scanning, Post-Dated Cheque (PDC) processing, corporate cheque scanning, remote scanning, and mobile cheque capture. It integrates with cheque deposit kiosks and supports both outward and inward clearing, as well as returns. The system adheres to central bank guidelines for image quality analysis.
Secure Cheque Archival and Access
Built-in centralized archival of cheque images and corresponding data. Achieve extensive search and retrieval capabilities. Volume independent archival with easy and quick search capabilities. Get end-to-end process monitoring to remove operational bottlenecks. Ensure comprehensive reporting and audit trails for better compliance and continuous process improvements.
Robust Integration
Ensure tight integration with core banking systems, including T24, Flexcube, Finacle, and more. Get support for extensive list of cheque scanners. Support third-party applications, such as middleware and message queues, for a seamless cheque-clearing experience.
Learn what Newgen’s Payment Hub Solution can do for you
Comprehensive Payment Processing
Digitizing manual work, AI-led end-to-end journey automation and centralizing all payment types, including domestic, cross-border, and cover payments, with omnichannel support to facilitate payment initiation through various channels such as SWIFT MQ, branch walk-ins, online banking, mobile banking, emails, bulk uploads, and third-party applications.
Enhanced Compliance and Monitoring
Our platform simplifies local and cross-border payments by supporting leading payment systems and rails such as ACH, NEFT, and RTGS. It is SWIFT-compliant, ISO 20022-ready, and seamlessly integrates with SWIFT GPI, offering support for ACH, Nacha, FedNow, and SWIFT gateways. To ensure secure and reliable transactions, the platform incorporates pre-payment checks, including document verification, authorization, AML checks, and duplicate detection.
Operational Efficiency
Increases STP transactions by automating transaction processing via SWIFT parsing, seamlessly integrating with core banking, treasury systems, AML solutions, and more for smooth operations. Centralized operations lead to faster access and reduce operational costs.
Scalability and Flexibility
Built on a low-code platform, it allows for configurable agility and is designed to adapt to evolving payment landscapes and regulatory changes. It provides customizable modules for transparent communication throughout the payment journey.
Comprehensive Payment Processing
Digitizing manual work, AI-led end-to-end journey automation and centralizing all payment types, including domestic, cross-border, and cover payments, with omnichannel support to facilitate payment initiation through various channels such as SWIFT MQ, branch walk-ins, online banking, mobile banking, emails, bulk uploads, and third-party applications.
Enhanced Compliance and Monitoring
Our platform simplifies local and cross-border payments by supporting leading payment systems and rails such as ACH, NEFT, and RTGS. It is SWIFT-compliant, ISO 20022-ready, and seamlessly integrates with SWIFT GPI, offering support for ACH, Nacha, FedNow, and SWIFT gateways. To ensure secure and reliable transactions, the platform incorporates pre-payment checks, including document verification, authorization, AML checks, and duplicate detection.
Operational Efficiency
Increases STP transactions by automating transaction processing via SWIFT parsing, seamlessly integrating with core banking, treasury systems, AML solutions, and more for smooth operations. Centralized operations lead to faster access and reduce operational costs.
Scalability and Flexibility
Built on a low-code platform, it allows for configurable agility and is designed to adapt to evolving payment landscapes and regulatory changes. It provides customizable modules for transparent communication throughout the payment journey.
Benefits of Newgen’s Payment Hub Solution
- Deliver a unified interface that bridges front-end processes with legacy core systems, simplifying operations with a single user experience.
- Ensure compliance with ISO 20022 global standards and support for payment systems such as ACH, Nacha, FedNow, and SWIFT gateways.
- Offer omnichannel payment initiation (SWIFT MQ, Branch Walk-in, Online Banking, Mobile Banking, Emails, Bulk Uploads, and Third-Party Applications) for enhanced convenience, efficiency, and accessibility.
- Automate STP and N-STP cases through real-time integration with Core Banking, Treasury, AML, and other systems, using SWIFT message parsing for seamless transaction management.
- Provide robust Report Designer capabilities to create and view KPI reports, user/role-specific reports, MIS, and dashboards.
- Enable real-time, customizable customer notifications to ensure transparency across all payment transactions.
- Integrate back-end processes for seamless transaction movement across functions, reducing effort and closure time.
Prebuilt Connectors & APIs
Enable seamless integration for easy data exchange by leveraging prebuilt connectors designed for a wide range of enterprise applications. Integrate with any system or application using industry-standard protocols and frameworks, including REST, SOAP, Swagger, and OData.
Customers
Customers
Customers
Customers
Customers
Customers
Customers
Solutions Built on NewgenONE Platform for Banking
Solutions Built on NewgenONE Platform for Banking
Solutions Built on NewgenONE Platform for Banking
Solutions Built on NewgenONE Platform for Banking
Solutions Built on NewgenONE Platform for Banking
Solutions Built on NewgenONE Platform for Banking
Solutions Built on NewgenONE Platform for Banking
NewgenONE AI Agents for Financial Institutions
Newgen AI Hub for Intelligent Banking
Frequently Asked Questions
Newgen’s Payment Hub is a future-ready, AI-powered platform that unifies disparate payment systems, customer segments, and transaction types into a single hub—helping banks simplify operations, ensure compliance, and deliver seamless payment experiences.
Legacy systems create silos, increase compliance risks, and slow down payments. Newgen’s Payment Hub eliminates these inefficiencies by supporting multiple payment rails, channels, and transaction types on one unified platform.
The solution supports domestic, cross-border, cross-currency, and instant payments—including ACH, RTGS, SWIFT, SEPA, Fedwire, cheques, wire transfers, and more. Initiation can be through branches, online, mobile, call centers, or third-party apps.
It is fully ISO 20022-compliant and integrates with AML, KYC, fraud detection, and sanction-screening systems. Built-in business rule engines and automated validations ensure compliance across all payment lifecycles.
Through straight-through processing (STP), automated validations, AI-driven anomaly detection, and integration adaptors for dependent systems, banks can reduce errors, minimize manual interventions, and lower operational risks.
Customers gain transparency with self-service portals to track payments, real-time updates, and faster turnaround times. AI-powered chatbots and virtual assistants also provide instant support for queries and discrepancy resolution.
Yes. It is built on the NewgenONE low-code platform with modular architecture, ensuring high scalability, quick deployment, and adaptability for both domestic and global banks.
AI optimizes payment routing, accelerates discrepancy resolution, and detects suspicious activity in real time. Analytics provide 360° visibility into operations, boosting decision-making and compliance.
Yes. Newgen is proactively testing blockchain integrations (e.g., with R3 Corda and Trade Connect) to reduce settlement time, lower costs, and improve transparency.
Banks using Newgen have reported:
- First-time-right rates improving from 45% to 95%
- 90% reduction in turnaround time
- 80% lower FTE efforts
- 100% AML/KYC compliance
- 25,000+ daily messages processed with 90% STP
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