20 February 2018
visit www.nextgenbanking.co.uk/

Dion launches instant payment tool for banks

11 October 2016  |  3939 views  |  0 Source: Dion Global Solutions

Dion Global Solutions (Dion | BSE: 526927) announced the launch of its Real Time Payment Engine (RTPE) solution.

Dion’s new solution, RTPE, will allow banks to comply with the regulatory directive and also meet increasing demands of their customers. RTPE is a modular payment hub that will support processing of real time payments and will help banks to become compliant with new European regulation, European Payment Services Directive, which becomes effective in 2018. A multi-channel solution, RTPE will allow banks to connect to their customers easily via corporate banking, internet banking, mobile banking, or branch banking; allowing banks to provide better and more efficient services to their customers. The solution supports ISO20022 based “Common Global Implementation-Market Praxis” (CGI-MP) standard for customer connectivity.

Developed on Dion’s SEPA Gateway solution platform, RTPE’s architecture provides a 24x7 availability that supports existing SEPA workflows along with foreign currency and domestic payments as well.

Andreas Wagner, Chief Technology Officer, Dion Global Solutions says, “The PSD2 directive requires banks to rework the payment processing cycle and implement a far more efficient and quicker method. Using Dion´s messaging technology X-Gen, our RTPE application is a real time payment hub that will support banks to comply with the upcoming payment initiatives. We provide a cost efficient solution as it embeds into the existing application and process landscape. Due to its modularity customers can select only what they really need to improve process efficiency.” 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.ebaday.comvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11768 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9393 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9203 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7964 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7291 views comments | 19 tweets | 18 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job