Actis wins SwiftReady silver for payments

Actis wins SwiftReady silver for payments

German banking software vendor Actis has been awarded the SwiftReady silver payments 2003 label for its PABA/Q product.

The label shows that the core banking system satisfies all Swift requirements for payments processing and can be used for straight-through processing (STP).

Actis says STP-oriented tools in the PABA/Q system, such as payment module ZVplus and its Message Master utility, contributed to its success.

PABA/Q is one of only six third party packages to have been given the silver payments label this year.

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