Over the past few years, the usage of instant payments has skyrocketed in the Nordics and Europe, thanks to the local and pan-regional infrastructures that enable real-time fund transfers for both consumers and businesses. By investing in instant payments, banks can open new business opportunities and shorten the return-on-investment cycle.
Tietoevry's Instant Payments solution for Nordic and European banks offers a convenient way to enhance customer experience, increase transaction volumes, and stay competitive in the rapidly evolving digital landscape. Our ready-to-use solution allows banks to easily manage instant payment flows with flexible connectivity options. We handle scheme rules changes and regulatory standards updates for all types of account-to-account payments initiated from any channel and between different payment process participants.
By utilizing Tietoevry instant payments solution for Nordic and European banks, you can unlock the full potential of cutting-edge use cases made possible by instant payments as example:
• Bill Payments
• Request to Pay (RTP)
• Variable recurring payments (VRP)
• New corporate services for real time information