Unlocking the full potential of modern banking and value-added services with Tietoevry's advanced technology
Over the past few years, the usage of instant payments has skyrocketed in the Nordics and Europe, thanks to the local and pan-regional infrastructures that enable real-time fund transfers for both consumers and businesses. By investing in instant payments, banks can open new business opportunities and shorten the return-on-investment cycle.
Tietoevry's Instant Payments solution for Nordic and European banks offers a convenient way to enhance customer experience, increase transaction volumes, and stay competitive in the rapidly evolving digital landscape. Our ready-to-use solution allows banks to easily manage instant payment flows with flexible connectivity options. We handle scheme rules changes and regulatory standards updates for all types of account-to-account payments initiated from any channel and between different payment process participants.
By utilizing Tietoevry instant payments solution for Nordic and European banks, you can unlock the full potential of cutting-edge use cases made possible by instant payments as example:
• Bill Payments
• Request to Pay (RTP)
• Variable recurring payments (VRP)
• New corporate services for real time information
Available options of the solution
Full end-to-end instant payments integration
A solution including initiation and execution of instant payments and connectivity to infrastructure. Tietoevry takes care of the whole payment value chain, from initiation to clearing.
MVP instant payments
A solution to receive and send instant payments. Banks are offered to use their own engine and to handle bookings. Tietoevry will take care of the formatting towards clearing and settlement.
Receive instant payments
Start with supporting incoming instant payments. Banks are offered to handle the bookings. Tietoevry will take care of the formatting towards clearing and instant settlement payment gateway.
Experience the Future of Instant Payments with Payments as a Service
Download our leaflet to unlock the potential of Tietoevry Instant Payments on PaaS solution - the most cost-efficient and long-term solution for seamless instant payments.
Exploring Potential Pivots post-P27
Anders Olofsson, Head of PaaS/SaaS, Tietoevry Payments, speaks at NextGen Nordics 2023 about how the P27 step-back affects financial institutions in the Nordic region, and what the implications are for the broader financial industry. He discusses the current opportunities for instant payments available to European banks, the strategies to effectively address them, and the evolution of overlay services and the value-added services layer.
Video is blocked
Smooth onboarding
Choose the processing scheme you want to start with, move volumes and decommit any legacy systems.
High capacity
Deliver faster, easier, and more efficient payment solutions to your customers. With Tietoevry Payment Hub renew your payment solutions, add schemes efficiently and enter new payment rails.
Automation and efficient products
A scalable platform to grow further and to meet current and future customer demands. Get a pure solution deck full of functions and features.
Instant payments initiatives
Connecting to instant payment initiatives can help you to stay competitive, improve customer experience, generate additional revenue streams, and reduce operational costs, while also complying with regulatory requirements.
Our insights
Riding the fast payments wave
Request to Pay is Transforming the Future of Nordic Transaction Banking
New report: eight in ten banks now engaged in card systems modernization
