The new solution will allow the seamless processing of both real time and batch transactions throughout the Americas on a single platform.
Clear2Pay said that its Unified Domestic Payments Americas solution provides seamless end to end integration for both Wire and ACH payments.
This provides banks with a consistent, reliable and re-useable platform to deliver services to its customers across multiple channels, whether processing single high value funds transfers or batches of thousands of transactions.
The initial version of the product will support FedWire, CHIPS, FedACH and EPN in the US, LVTS and ACSS in Canada and CCA in Chile, said the company.
The system complies with current industry standards and regulatory obligations and is fully capable of adapting to future requirements.
And being a service oriented modular product built on Clear2Pay’s Open Payment Framework, it enables a phased approach to replacing legacy applications or adding new or improved functions.
