Payments Automation Software
Automate your end-to-end payment processes by leveraging our unique, platform-based solutions. Empower your employees with the tools to digitally capture images, process cheques in a paperless environment, increase efficiency and accuracy, and deliver a seamless customer experience across all channels and devices.
Check/Cheque Truncation System (CTS)
- High-quality images of physical checks/cheques
- Reduced time taken for clearing checks/cheques
- Truncation of the check/cheque image at the presenting bank and seamlessly moving through the check/cheque-clearing cycle
- Check/cheque access from any machine within the banks’ network
- Better reconciliation of checks/cheques and prevention of fraud
Signature Verification System
- A repository of signatures and policy mandates that can be dynamically accessed during the clearing process
- Support for account definition, signatory mapping, mandate scanning, and image cropping
- Simple to complex logics based on different amount bands and signatory categories
- Auto-validation of rules based on the amount and signatories present on the check/cheque or mandate form
- Guaranteed process compliance and reduced risk
Automated Clearing House
- Elimination of paper-based checks/cheques for routine payments
- Access from any machine on a network using a web-based, user-friendly system
- Adherence to the central bank’s guidelines related to faster transfer of funds using electronic instructions
- Straight-through processing for incoming transactions
Post Date Check/Cheque Management System (PDCMS)
- Advanced imaging and automation technologies for faster check/cheque clearing
- Check/cheque images used instead of physical copies
- Scanning, record management for vaulting, and lodging/withdrawal of post-dated checks/cheques
- Shorter processing cycles by keeping track of check/cheque presentation dates
Mobile Check/Cheque Capture System
- Submission of high-quality check/cheque images using camera-equipped smartphones enabling retail and corporate customers and field agents
- Real-time processing
- Virtual presentation of checks/cheques to the central bank for clearing
Read the eBook to explore how you can transform your account opening process from an ...
Stern competition from conventional banks and dynamic customer expectations have made it urgent for Islamic ...
Remote working and social distancing have become the new normal. Financial institutions, like yours, need ...
Join our banking solutions expert, Ankur Rawat, as he shares insights into how the right ...