Outstanding levels of efficiency


Intelligent Payments Management (IPM) is the achievement of outstanding levels of efficiency for Banks and Corporates.
Pelican enables Intelligent Payments Management through the application of leading edge Artificial Intelligence into the end-to-end payments and compliance life cycles. This can drastically reduce costs, lower risk and create new business development opportunities for increased profitability.

A mastery of Artificial Intelligence


Intelligent Payments Management is made possible by a mastery of three key disciplines of Artificial Intelligence ; Natural Language Processing (NLP) enables the human-like understanding of transactional information and data; Knowledge-based Systems creates the ability to reason using a knowledge base, and Machine Learning is the capacity to adapt based on previous patterns of behavior.
Read more...

These three disciplines of Artificial Intelligence are combined with an unrivalled expertisein transaction banking and compliance that has been accrued by Pelican over more than 20 years. This enables Pelican to profile every payment with precision, understand its purpose and apply intelligent, human-like logic to every transaction.

Pelican understands payment transactions in any format and multiple languages, even if there is missing, unstructured or inaccurate data. Both structured and free-format files and messages are automatically repaired and enriched without costly manual intervention. The optimal balance between cost and timeliness is chosen and the payment is seamlessly routed to its destination, achieving Intelligent Payments Management across the complete end-to-end payment life cycle.

Enhanced compliance management is achieved through advanced context-based scanning and evaluation of transactions and counterparties. The application of human-like understanding of transaction data enables informed and automated decisions that significantly reduce operational overheads associated with incorrect hits and false positives.

Pelican constantly learns and evolves within controlled parameters; its decision-making abilities adapt to the nuances and policies of the client environment.

Intelligent Payments Management is enabled through a series of innovations driven by close, collaborative and long-standing relationships with clients in both banking and corporate sectors.
Hide

What does the financial services industry reveal about Intelligent Payments Management


Intelligent Payments Management is enabled through a series of innovations driven by close, collaborative and long-standing relationships with clients in both banking and corporate sectors.

Watch Pelican CEO & Founder, Parth Desai, discuss the findings of the Finextra report “AI in payments: The last mile in efficiency”

Discover more about the findings of Finextra global survey report ‘AI in payments: The last mile in efficiency’, unveiled at SIBOS 2016 in Geneva.

Applying intelligence

  • The purpose of every transaction is understood in any format and multiple languages, even if there is missing, unstructured or inaccurate data.
  • Structured and free-format files and messages are automatically repaired and enriched
  • The optimal balance between cost and timeliness is chosen and the payment is seamlessly routed to its destination
  • Constantly learns and evolves within controlled parameters; its decision-making abilities adapt to the nuances and policies of the client environment.