65% faster payment processing     |     100% Adherence to ISO 20022 Standards     |     40% Reduction in Manual Effort    |    30% Increase in Transaction Throughput     |     | 99.5% Accuracy in Payment Processing     |     65% faster payment processing     |     100% Adherence to ISO 20022 Standards     |     40% Reduction in Manual Effort    |    30% Increase in Transaction Throughput     |     | 99.5% Accuracy in Payment Processing     |     65% faster payment processing     |     100% Adherence to ISO 20022 Standards     |     40% Reduction in Manual Effort    |    30% Increase in Transaction Throughput     |     | 99.5% Accuracy in Payment Processing     |     65% faster payment processing     |     100% Adherence to ISO 20022 Standards     |     40% Reduction in Manual Effort    |    30% Increase in Transaction Throughput     |     | 99.5% Accuracy in Payment Processing     |     65% faster payment processing     |     100% Adherence to ISO 20022 Standards     |     40% Reduction in Manual Effort    |    30% Increase in Transaction Throughput     |     | 99.5% Accuracy in Payment Processing     |     65% faster payment processing     |     100% Adherence to ISO 20022 Standards     |     40% Reduction in Manual Effort    |    30% Increase in Transaction Throughput     |     | 99.5% Accuracy in Payment Processing     |    

“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

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.

Customers
The Bank Of Bahamas
Clarien Bank
Dubai Islamic Bank
Bank of Tanzania
Customers
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
Prebuilt Connectors & APIs
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo

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.

Find Your Winning Strategy with Newgen

See Newgen’s low-code digital transformation platform in action. Request a demo of Newgen’s platform and industry-specific applications.

Request a demo

Got Questions?

Enter your information, and a Newgen representative will be in touch shortly.

icon-angle icon-bars icon-times