Global Real-Time Payments & Compliance Solutions with PelicanFast
Is your organisation ready for real-time payments?
Existing payments systems designed for end-of-day batch processing can struggle to adapt to the demands of today’s 24/7 anywhere, anytime, instant payment expectations. The implementation headaches and costs associated with a major systems overhaul can appear daunting and off-putting for many banks to consider.
Pelican has solutions to help your organisation tackle the challenges and seize the growth opportunities provided by today’s fast-moving market. PelicanFast allows banks to add immediate payments functionality to their current infrastructure while retaining existing investments in legacy systems, providing quick access to the liquidity and service benefits of real-time transactions without the traditional implementation challenges and costs.
High Throughput / Low Latency
PelicanFast is a comprehensive high throughput / low latency instant payments solution, integrating transaction processing and financial crime compliance - incorporating AML, Sanctions Screening and Fraud prevention.
PelicanFast adds immediate payment functionality to your existing infrastructure, bridging legacy gaps.
- Payments processing and compliance systems work seamlessly together.
- Less integration headaches with single vendor provider.
- Flexible and versatile platform, works with both modern and legacy systems to bridge the gap between dated technology and new payments schemes.
- Can work alongside or replace your existing payments systems.
- Modular deployment options, available on-premise and cloud.
PelicanFast is an officially designated Frontrunner service provider by EBA Clearing to facilitate connection to the pan-European real-time payment infrastructure.
It is equally adaptable to other CSMs and instant payments schemes, providing a scalable and flexible payments solution.
- Global solution – supports multiple instant payment schemes for cost and time efficient implementation.
- Account mirroring and validation - providing a stand-in mode bridging the gap of core systems which are not 24 x 7 x 365.
- Integrated APIs – end to end solution encompassing Corporate to Bank and inter-bank connection.
Transactional Anti-Money Laundering across the payments life-cycle
Leveraging AI technology, Pelican’s real-time solutions meet the challenge of completing financial crime compliance checks within very short processing times.
It can support all your Real-Time AML compliance obligations across all business-lines and territories.
- Adhere to processing time-frame requirements for AML, Sanctions and Fraud.
- Review times cut by 80%, with detailed alert information and investigation dashboard.
- Very low false positive rate through usage of Natural Language Processing (NLP) AI.
- Detects new patterns across AML and Fraud monitoring.
- Advanced analytics and reporting enabling efficient alert management.
- Integrated - Remove multiple vendor integration headaches with a fully integrated and modular solution covering Payments and Financial Crime Compliance.
- Global - Single comprehensive global solution supporting multiple instant payment schemes around the world.
- Legacy Bridge - Bridges legacy gaps, adding immediate payment functionality to your existing legacy infrastructure.
- Build Products - Build new products based around instant payments with the inter-operable PelicanOpenBanking solution.
- 24/7 - Meets the heightened market expectations of today’s 24/7 digital economy.
Find Out More
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Related Resources & Information
Article: Embracing real-time payments in the U.S.: Challenges and opportunities.Learn More
Article: Are you ready for pan-European real-time payments?Learn More
Solutions: PelicanPayments—Instant payments—Proven and scalable solutions.Learn More
Press Release: Pelican introduces PelicanFast for real-time payments processing and compliance.Learn More
Totally Integrated. Uniquely Powerful.
Pelican's solutions leverage the unique capabilities of the PelicanPlatform.
Each of Pelican's award-winning payments and compliance solutions leverage the advanced capabilities and technologies of the PelicanPlatform. These include the Artificial Intelligence disciplines of Machine Learning, Natural Language Processing and Voice processing; Open API integration; rich Omni-Channel UX; flexible Cloud deployment scenarios; and real-time capabilities.
Collectively they provide a uniquely rich technology core, powering the most advanced and capable payments and compliance solutions.