Intelligent Payments Management
Advanced Payments Solutions for a rapidly changing world
Legacy pre-digital core banking systems can struggle to cope with the business imperatives of delivering the innovative and instant payments services customers and businesses demand, with tighter risk management requirements also pressuring resources. The competitive pressure to participate in new initiatives such as instant payments places additional strain on budgets and technology infrastructure.
PelicanPayments is a comprehensive range of market-leading Payments solutions for banks and corporates. The unique combination of AI technology and the unrivalled Pelican expertise in global Payments, enables organisations to benefit from intelligent payments management across the entire payments life-cycle. PelicanPayments delivers exceptional levels of efficiency, control and flexibility.
Global Payments Hub
Single dashboard management
The need to manage and integrate several different payment infrastructures across multiple territories while ensuring ever-chaning compliance obligations are adhered to, can be complex and costly. The expansion of instant payment schemes and increased customer expectations, place further burdens on existing legacy sytesms.
PelicanPayments provides organisations with a single centralised global Payments Hub - automating lowest-cost routing, integrated compliance and fraud detection, and advanced message repair to achieve the highest levels of efficiencies and reduced operating costs.
Payment Hub features
- Any-to-any messaging hub for all banks and clearing channels.
- Automated file management, reformatting and routing direct to clearing banks.
- Fully automate all payments, collections, exceptions and reporting with complete visibility and control.
- Suitable for and accredited by instant payment schemes.
- Improve Rich omni-channel digital user-interface supporting mobile and tablet deployment.
Straight Through Processing
The unique Artificial Intelligence (AI) foundation of the PelicanPayments platform enables intelligent contextual understanding along the payments chain, elevating automation above the capability of standard rules based systems.
Using advanced AI techniques for matching unstructured text, the STP solution is an intelligent repair, routing, reporting and revenue generation platform that drastically increases capacity and reduces cost.
- Highest STP rates using Natural Language Processing for complex payment repairs.
- Auto-routing, based on content and business objectives.
- Self-learning - learns from operator for high STP rates.
- Increased correspondent banking revenue using AI to integrate billing and payments systems.
Real-Time Payments & Compliance
PelicanFast is the in-built real-time payments and compliance functionality within PelicanPayments. It 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.Learn More
- Supports multiple instant payment schemes for connectivity and payments processing.
- Integrated with Pelican’s compliance filter for real-time payments and FCC solution.
- Full end-to-end solution with integrated APIs.
- Account mirroring and validation - providing a stand-in mode bridging the gap of core systems which are not 24 x 7 x 365
Open API Architecture
The Pelican Open Banking API solution provides a comprehensive suite of dynamic API capabilities for ASPSPs and third party providers (TPPs) seeking to adhere to or participate in open banking initiatives such as the revised Payment Services Directive (PSD2) in Europe and the Open Banking Standard (OBS) in the UK.Learn More
Open Banking features
- API conversion and aggregation service removing the need to support multiple APIs.
- Platform to enable secure sharing of data over API with TPPs.
- AI and Data analytics powered solution enabling you to harness and manage/monitor/monetize your data.
- Integrates quickly and easily with existing legacy systems -no need to rip and replace.
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.
Related Resources & Information
Article: Real-time forensics & cognitive automation—How AI is set to transform banking payments.Learn More
Solutions: Converting obligation into opportunity: Rapid API and product deployment solutions.Learn More
Solutions: Global payments hub—Improving efficiencies. Lowering costs.Learn More
Solutions: PelicanFast: Seize the growth opportunities of real-time payments.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.