Use of Artificial Intelligence & Data
- Data Cleansing and Normalisation
- Data Enrichment and Categorisation
- Data Insights and Predictions
- Prescriptive Actions and Recommendations
The above four pillars of iPaaS's optimization and monetization components unlock the true potential of transaction and customer data by providing actionable insights and recommendations, enabling the creation of hyper-personalized products and services.
Data Insights using AI is useful for a wide variety of use cases that help drive revenue, cut cost and reduce risk, including:
- Next Best Action based on inflow and outflow
- Price Optimization
- Customer Segmentation
- Churn Prevention
- Up-Selling and Cross-Selling personalized product
- Predictive Resourcing
- Expense & Income Forecasting
- Lending Decisions
Integrated financial crime compliance
The platform offers a fully integrated AI-powered financial crime compliance APIs for Sanctions, AML, and fraud detection.
A complete payments platform – on cloud
- TARGET2, ISO 20022 Fedwire, Lynx, HVCS+ for Domestics High-Value Payments
- TIPS, FedNow, RTP, Instant Payments (Real-time)
- EBA RT1 SEPA Instant Payments (Real-time)
- EBA STEP2 for SEPA Credit Transfers and Direct Debits
- SWIFT MT & MX for cross-border correspondent banking
Open Banking and PSD2 APIs
- "Pay-as-you-go" APIs for comprehensive end-to-end payment processing
- Supports both ISO 20022 and legacy payments formats
- Integrated AI-powered Financial Crime Compliance suite for Sanctions, AML, and Fraud detection
- Built-in connectivity to TARGET2 ESMIG Platform
- Pan-European domestic and cross-border payments processing
- Microservices based scalable architecture
- Built-in data and artificial intelligence layers for intelligent products and services offerings
- Suitable for instant payment schemes - robust, scalable with high throughput / low latency
- Configurable dashboards and reports for internal operations as well as access to the bank's customer (if required)
Comprehensive payment processing
Complete processing of Cross-border, Instant, Domestic High-Value (RTGS), and Domestic Low-value (ACH) payments.
ISO 20022 ready
ISO 20022 native APIs for CBPR+ and Instant payment schemes, supporting regional variations for seamless operations.
AI-powered (optional) financial crime compliance solution for sanctions, transaction monitoring and fraud.
Uses Machine Learning and Natural Language Processing for intelligent repair, enrichment, and dynamic routing.
Insights & Recommendations
AI-powered analytics for actionable insights and recommendations to deliver hyper-personalized products and services.
Cloud and API
Plug-and-play APIs available on a secure and scalable Payment-as-a-Service (PaaS) platform with cost-effective “pay-as-you-go” pricing
Develop and launch innovative product and services that expedite time to value within hours/days rather than weeks/months
Integrated financial crime and compliance
A single payment platform to provide full end-to-end payment processing including sanctions screening, AML, and fraud monitoring
Trade upfront capital expense involved in setting-up & launching a new payment service for operating expense through a simplified “pay-as-you-go” pricing
Microservices and API-based cloud-native secure and scalable platforms that can accommodate new payment types and handle peak-volumes without disrupting existing processes.
Centralised payments and cash visibility across all channels and accounts under one platform.
Improve customer experiences
A single platform for processing all payment types and exception handling allows for faster responses to the customer.
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iPaaS Brochures & Datasheets
Please use the Download button below to access the full library of Pelican Payments information resources for both Banks and Corporates, including datasheets covering Payments Hub, STP and Open Banking.
Related Resources & Information
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