Payment Hubs Providers

Payment Hubs Providers Overview

Payment Hubs Providers are centralized platforms that consolidate payments from a variety of sources and payment types into a single stream for the purpose of processing, control, analytics, and reporting. Payment hubs are part of banking, payment service provider, and enterprise business infrastructures. These solutions are broken down into hubs that support banks and those that support businesses and corporations.

For banks, these hubs consolidate incoming and outgoing payment activity from all internal and external sources. Through a single integration layer, it aims to consolidate all front-end channels such as mobile banking, internet banking, payment networks, and corporate portals. It aggregates payment data from internal systems, authorizes payments, and routes them to payment networks such as the FED, SWIFT, CHIPS, and ACH.

Modern technologies have made Payment Hubs Providers’ banking solutions less relevant, as new payment solutions have migrated payment processing away from bank-hosted solutions. When these hubs are deployed in banks, they reflect a new architecture that emphasizes open APIs to allow the latest external technologies and payment platforms to interface with older, legacy banking systems without major rewrites or risks.

For businesses, these providers offer platforms through which a company can execute all its payments. It consolidates payments from internal departments such as treasury, finance, and ERP, connects to banks and other payment delivery platforms, and produces a consolidated record of all outgoing payments. The hubs support payment format standardization and comply with ISO standards.

Payment hub analytics is used by CFOs, CIOs, treasurers, purchasing managers, and controllers to help ensure that timely, efficient payment processing is effectively supporting the business’s supply chain and cash flow.

Payment hubs providers also offer solutions for businesses to make large-scale or complex payments for employees, vendors, contractors, residuals, and royalties.

Payment Hubs Products

(1-25 of 56) Sorted by Most Reviews

The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.

Kyriba

Kyriba offers cloud treasury and financial management solutions. Kyriba aims to empower financial leaders and their teams with solutions for cash and risk management, payments and supply chain finance. According to the vendor, Kyriba delivers a 100% SaaS enterprise platform, bank…

Worldpay from FIS

Worldpay, now from FIS (acquired July, 2019) is a solution designed to simplify payment acceptance and improve the user's bottom line by accepting traditional and alternative payment types anywhere, any time, on any device and across channels. Worldpay from FIS also guides crypto…

Fiserv (First Data) - ICICI Merchant Services

Fiserv (formerly First Data) and ICICI Merchant Services combined a payment gateway and point-of-sale software and hardware solutions with features such as card & check acceptance, and merchant mobile commerce solutions, and ecommerce gateway. First Data merged with Fiserv in July…

Fiserv Wealth Management Network

The Wealth Management Network from Fiserv is an expansive networks of managed account data and connectivity. It brings together asset managers and sponsors to perform all necessary business functions to support the industry. The Network includes messaging services, information exchange,…

Oracle Banking Payments

Oracle Banking Payments enables users to process payments in real time, anywhere, and at scale with a unified payments hub, built on the ISO 20022 framework.

Crowded

Crowded.me is a banking service designed specifically for clubs, groups, and their members. Traditionally, banks have compartmentalized their customers into consumers and businesses and neglected the hundreds of billions in cash flow that exists between B2B and B2C. Crowded aims…

Fiserv Prologue Financials

Prologue Financials from Fiserv, a fully integrated accounting solution, features enhanced, built-in automation and controls and a newly designed user interface, enabling users to increase the efficiency of financial accounting processes.

Premier Bank Platform

Financial technology company Fiserv offers the Premier Bank Platform to banking institutions, providing an environment to integrate data and manage bank operations in a simplified browser-based interface.

Fiserv Loancierge

Loancierge for Credit Unions from Fiserv is a loan origination solution offering intuitive navigation, workflows and paperless processing tools to strengthen lending operations, mitigate risk and increase loan efficiency to compete for loan opportunities.

Fiserv eBill Distribution (Biller Direct)

Biller solutions from Fiserv include the company's electronic bill presentment and payment (EBPP) for business-to-consumer service providers. It offers customers of financial institutions a convenient way to pay bills, and boasts features such as delivery of notifications via email…

Blackthorn Payments

Blackthorn provides event management and payment processing apps for Salesforce users.

PayU

PayU is a payment gateway software solution offered by payu.

Fiserv Mortgage Director (PCLender)

Fiserve Mortgage Director replaces easyLENDER, which was sunsetted in 2017 when Fiserv acquired PCLender. Fiserv Mortage Director, the next evolution of those products, is a loan origination system at the core of the Fiserv lending ecosystem designed to streamline lending operations…

Fiserv Digital Document Advantage

Fiserv's Digital Document Advantage gives the user the ability to deliver electronic documents – statements of account, bills, explanations of benefits (EOB), tax documents, trade confirmations and more – to customers or members, customer/member support, other internal staff or interested/…

Fiserv Unified Wealth Platform (UWP)

Fiserv offers their Unified Wealth Management technology solution, providing a multi-vehicle and multi-asset class portfolio accounting system with related trading, tax management and rebalancing tools for all fee-based advisory programs, goals-based financial and investment advisory…

Fiserv CardVision

Fiserv offers CardVision, a loyalty marketing program for financial institutions offering targeted marketing campaigns with a proven track record of motivating cardholders.

Fiserv Popmoney

Fiserv's Popmoney is a person-to-person payment service from Fiserv that allows consumers to conveniently send, receive and request money with an email address, mobile phone number or account number, eliminating the need for checks and cash.

Fiserv Mobiliti

With Mobiliti from Fiserv, the user can effectively and profitably meet the demand by delivering robust functionality across a range of devices and networks. Mobiliti's features include bill payments, person-to-person payments, mobile deposit (including real-time deposits), mobile…

Fiserv Cleartouch

Cleartouch from Fiserv, is described vy the vendodr as an innovative, online, real-time bank platform that delivers powerful business analytics and customizable workflows to help banks drive revenue, increase cross sales and build customer loyalty.

Fiserv uChoose Rewards

Fiserv's uChoose Rewards is a customer loyalty program that encourages accountholder retention, card usage and activation with valuable and flexible merchant-funded rewards.

Fiserv Vantage Risk & Budgeting

Vantage from Fiserv helps the user achieve planning, budgeting and reporting objectives by providing accurate data and a flexible tool set from which to work. Its easy-to-use features are designed to improve productivity and decision making.

Fiserv CheckFree

Fiserv CheckFree is a billing service that allows users to take advantage of online channels by seamlessly integrating elements of electronic bill payment into your online banking offering or by building your own electronic bill payment solution using CheckFree Builder from Fiserv.…

IBAS Global Banking Factory

IBAS GBF - Global Banking Factory is a 100 percent Java, object-oriented and component-based solution built on international standards and a Service Oriented Architecture (SOA). It allows customers to create and change product attributes and workflows to provide users the ability…

Sybrin Apex

Sybrin is a global technology company in the provision of payment and information processing solutions with particular emphasis on Voucher Processing, EFT, Day 2, Automated Clearing Houses, Mobile Commerce, Host Banking enhancements, and KYC amongst corporations, banks, and clearing…

Finacle Payments Suite

Finacle is the industry-leading digital banking solution suite from EdgeVerve Systems in Bangalore, a wholly owned subsidiary of Infosys. Finacle helps traditional and emerging financial institutions drive truly digital transformation to achieve frictionless customer experiences,…

Learn More About Payment Hubs Providers

What are Payment Hubs Providers?

Payment Hubs Providers are centralized platforms that consolidate payments from a variety of sources and payment types into a single stream for the purpose of processing, control, analytics, and reporting. Payment hubs are part of banking, payment service provider, and enterprise business infrastructures. These solutions are broken down into hubs that support banks and those that support businesses and corporations.

For banks, these hubs consolidate incoming and outgoing payment activity from all internal and external sources. Through a single integration layer, it aims to consolidate all front-end channels such as mobile banking, internet banking, payment networks, and corporate portals. It aggregates payment data from internal systems, authorizes payments, and routes them to payment networks such as the FED, SWIFT, CHIPS, and ACH.

Modern technologies have made Payment Hubs Providers’ banking solutions less relevant, as new payment solutions have migrated payment processing away from bank-hosted solutions. When these hubs are deployed in banks, they reflect a new architecture that emphasizes open APIs to allow the latest external technologies and payment platforms to interface with older, legacy banking systems without major rewrites or risks.

For businesses, these providers offer platforms through which a company can execute all its payments. It consolidates payments from internal departments such as treasury, finance, and ERP, connects to banks and other payment delivery platforms, and produces a consolidated record of all outgoing payments. The hubs support payment format standardization and comply with ISO standards.

Payment hub analytics is used by CFOs, CIOs, treasurers, purchasing managers, and controllers to help ensure that timely, efficient payment processing is effectively supporting the business’s supply chain and cash flow.

Payment hubs providers also offer solutions for businesses to make large-scale or complex payments for employees, vendors, contractors, residuals, and royalties.

Payment Hubs Providers Features

Payment Hubs Providers offer many of the following features.

  • Central platform for executing payments
  • Support multiple payment types, payment sources, and payment networks
  • AI-assisted processing rules
  • Standardized workflows, controls, and payment formats
  • Automated workflows
  • Payment screening, approval, and fraud detection
  • Payment tracking and reporting
  • BI, Analytics, dashboards, and data visualization
  • Global bank connectivity
  • Cloud and on-premises solutions

Payment Hubs Providers Comparison

Consider the following when engaging payment hub providers.

Use Case: Payment hubs solutions such as Fiserv or Kyriba are tailored for banks. Other vendors such as FIS Enterprise Payments and ACI Enterprise Payments support enterprise-scale businesses.

Integrations: Payment hubs provide additional value to corporations when they readily integrate with other systems such as ERP, finance, billing, accounting, payroll, and vendor management.

Cloud vs On-premises: Many of the business payment hub solutions are cloud-based. The banking industry still has some reluctance moving their mission-critical processing and sensitive data to the cloud and the largest banks often prefer to build their own in-house proprietary payment hubs.

Pricing Information

Payment Hubs Providers offer a complex, sophisticated product that will require obtaining a price quote based on your requirements.

Start a payment hub comparison here

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Frequently Asked Questions

What do Payment Hubs Providers do?

Payment Hubs Providers consolidate incoming and outgoing payments from all internal and external sources. These hubs automate workflows, standardize payment processing, authorize, and track payments. Banking payment hubs capture payments from their front-end channels and aggregate payments from internal systems for approval processing and payment network routing. These hubs provide businesses with a centralized platform to execute all their payments.

What are the benefits of using Payment Hubs Providers?

Payment Hubs Providers increase operational efficiency, lower costs, improve risk management, reduce fraud, and facilitate centralized management of liquidity making for better cash management.

What are the best Payment Hubs Providers products?

How much do Payment Hubs Providers cost?

Payment Hubs Providers require that you obtain a price quote for their products.