Digital Payments Hub

The Digital Payments Platform for 2025

In today’s rapidly changing market, Transaction Banking faces many challenges - and opportunities. The impact of new initiatives like instant payments, Open Banking and ISO 20022 have heightened expectations to work better, cheaper and faster are significantly transforming the operating landscape. Legacy, pre-digital core banking systems are not easily replaceable, and can struggle to cope with the business imperatives of delivering the innovative and real-time services customers and businesses demand.

The widespread use of digital devices, abundance of electronic data and advances in Artificial technologies can enable us to development agile customer focused innovative and personalized products and services. Also increasing popularity of AI, Cloud and API technologies can enable omnipresent and omnichannel digital products and services which are intuitive, engaging and personalized.

The Solution

The Pelican Digital Payments Hub solution encompasses all latest advances in payments and technologies integrating all payments infrastructures, banks and transaction types. The Digital Payments Hub is a complete payments solution for transaction banks, delivering exceptional levels of efficiency, control and flexibility. Spanning a full end-to-end suite of transformation, routing, repair and cash reporting services, its modular architecture works with existing and legacy infrastructures to provide innovative, intelligent and agile services and solutions for today’s digital economy.

It supports complete end-to-end payments life cycle for all payments methods, all clearing and settlement mechanisms integrated with Financial Crime Compliance solutions - Sanctions Screening, AML and Fraud Detection.

European Digital Payments Hub

 

This European Digital Payments Hub is a complete payments solution for transaction banks, delivering exceptional levels of efficiency, control and flexibility, with built in connectivity to Taget2 ESMIG platform.

The Digital Payments Hub integrates all payments infrastructures, banks and transaction types including:

  • Target2 for High Value Payments
  • TIPS for SEPA Instant Payments
  • EBA RT1 for SEPA Instant Payments
  • EBA STEP2 for SEPA Credit Transfers
  • SWIFT MX for Correspondent banking
  • Open Banking and PSD2 APIs

The solution is Message and format agnostic supporting multiple formats out of the box like SEPA, SWIFT, FED, CHIPS, RTGS, ISO 20022 and many more. It offers configurable dashboards and reporting to support internal and regulatory audits, with alerts and escalations.

  • Built in connectivity to Target2 ESMIG Platform
  • Pan-European payment systems integration
  • Microservices based scalable architecture
  • Built-in data and artificial intelligence layers for intelligent products and services
  • Integrated Financial Crime Compliance suite for Sanctions, AML and Fraud detection
  • Cloud, on-Premise or hybrid deployment
  • Implemented at numerous banks as a central Hub for all payment types and financial data, with bespoke work-flows and processes as required
  • Suitable for instant payment schemes - robust, scalable with high throughput / low latency

An intelligent Pan-European Digital Payment Hub is able to reduce costs, lower-risk and creates opportunities for revenue generation and increased profitability.

 

Pelican Benefits

Payments Hub Solution benefits

  • Greater efficiencies and cost savings through full automation of payments, collections, exceptions and reporting with complete visibility and control.
  • Less product integration needed - out of the box inter-operability with financial crime compliance module: PelicanSecure.
  • Lower IT risk - modular and scalable technology components developed and built in-house, therefore working seamlessly together.
  • Better visibility - centralised transaction and cash visibility across all channels and accounts on one platform with views across Operations, Treasury, Compliance and others.
  • Lower operations costs - reduced manual interventions payments and compliance systems due to embedded artificial intelligence.

Find Out More

PelicanPayments Brochures & Datasheets

Please use the Download button below to access the full library of PelicanPayments information resources for both Banks and Corporates, including datasheets covering Payments Hub, STP and Open Banking.

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