“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.