Intellect Digital Payments Solution

The Intellect Digital Payments Solution is a platform designed to meet the evolving needs of banks and their clients in the realm of payments. According to the vendor, this real-time, cloud-native, and scalable solution offers a range of payment solutions to optimize cash flow, reduce costs, and enhance business adaptability. It targets global banks of all sizes, catering to financial institutions, corporate enterprises, small and medium-sized enterprises (SMEs), retail businesses, and the banking and financial services industry.

Key Features

Contextual Payments Wizard: According to the vendor, this feature includes a contextual payments wizard that assesses and recommends optimal transaction choices based on factors such as speed, risk, legality, value, and cost. It aims to help users make informed decisions when initiating payments.

Centralized Processing and End-to-End Visibility: The platform provides centralized processing for payment capture, offering end-to-end visibility of all transactions. This feature, according to the vendor, ensures seamless management and monitoring of payment activities.

Real-Time Orchestration and Lifecycle Management: The solution, according to the vendor, offers real-time, 24x7 capabilities for end-to-end orchestration and lifecycle management of payments. It seamlessly integrates with stand-alone product engines, aiming to improve straight-through processing (STP) and eliminate manual processing.

Intuitive Payment Initiation: The platform aims to enable intuitive and user-friendly payment initiation for corporate, SME, and retail clients. According to the vendor, it simplifies the payment initiation process, making it seamless and efficient.

Payments Services Hub: The solution includes a Payments Services Hub that orchestrates and executes payment transactions in real time, 24x7. According to the vendor, it manages the entire payment lifecycle and ensures interoperability across global and local payment standards.

Transaction Limit Management: This feature provides control over payment funds through transaction limit management. Banks can set transaction limits based on their policies and regulations, aiming to ensure efficient management of payment funds.

Partner Banking and ISO Remittance Data Management: The platform offers solutions for partner banking, ISO remittance data management, and virtual accounts based payments and receivables. According to the vendor, it enhances the capabilities of banks and their customers in managing their finances.

Seamless Integration with External Fraud and Risk Engines: The solution seamlessly interacts with external fraud and risk engines to detect and mitigate fraud and risk associated with payment transactions. According to the vendor, this feature ensures enhanced security and protection for banks and their clients.

Global Payment Rail Support: The platform supports over 75+ payment rails across 40 countries for 105+ banks, according to the vendor. It enables global payment capabilities, allowing banks to cater to the diverse needs of their clients worldwide.