Accelerate payments modernization with ISO 20022

Helping banks, FinTechs, payment networks, and businesses extract unprecedented business value from payment transactions.

Payments Solutions for Progressive Finance

Our software and APIs help you create impactful payment solutions and deal with legacy systems, timelines, and compliance required by ISO 20022, Swift, and Open Banking PSD2.

Initiation

Create payments with rich data from forms, ERP, and payment processing platforms.

Validation

Validate messages, account, and bank details to achieve high straight-through processing rates.

Transformation

Translate, enrich, or convert payment messages from/to a proprietary format.

Tracking

Provide real-time insight through SWIFT networks while tracking status, events, and cases.

Analytics

Analyze rich payment data, detect fraud, or predict and route payment using AI.

Automation

Build applications and dashboards with up-to-date payments data without coding skills.

Our Latest Solutions

Connect Xero ERP with Swiss banks using ISO 20022

Our solution allows users of the leading Xero ERP system to initiate payments and import bank statements without leaving Xero ERP.

Convert legacy formats from/to ISO 20022

Our converters allow businesses to translate payment instructions and process bank reports between old formats and ISO 20022.

Create CBPR+ Payments from XML invoices

Our API allows banks to initiate and trace cross-border payments for their customers using only structured invoices in XML format.

Payments Modernization Use-Cases

Autononous Treasury

provide real-time cash insight and treasury forecasting to your business customers in a data-driven economy.

Payment as a Service

centralize end-to-end payment processing, standardize controls and reduce failure rate.

Better Account Receivables

connect credit, billing & invoicing, cash application, deductions, and collections into a single business process.

Fraud Detection

detect and prevent bad debts or fraudulent and non-compliant transactions using AI-based solutions. 

Format Transformation

transform payment messages between old legacy formats and ISO 20022-compliant formats.

Connectivity

integrate banks, ERPs, trading portals, data services and special-purpose apps using pre-built connectors.

Frequently Asked Questions and Resources

ISO 20022 will be the new exclusive standard for payment messages globally. Consensus has been reached about the definition of this financial messaging standard. This new standard allows not only the banking network involved in payments but also any business to innovate and modernize.

 

Digintu.pay ensures you're fully prepared for March 2023, the start of a short coexistence period between old and new standards. We help financial institutes, and small-and-medium-sized businesses improve customer satisfaction and operational efficiency.

What is ISO 20022?ISO 20022 is an open global standard for financial information. It provides consistent, rich and structured data that can be used for every kind of financial business transaction.

What is happening on March 2023?High quality payments data is becoming a reality. March 2023 marks the start of migration to ISO 20022 (MX) for cross-border payments and reporting (CBPR+), with a coexistence period with old MT messages until November 2025.

Who has adopted ISO 20022?Asia, China, and India have already modernized their high-value payment (HVP) systems, ahead of western countries. In the coming years, two dozen HVP systems around the world will adopt ISO 20022. According to SWIFT, the usage of the ISO 20022 will represent 79% of the world’s total HVP volume of settled payments.

Didn't find what you need?
We offer free ISO 20022 migration assistance.

Up to 8 free hours of consulting work.

If you decide that Digintu.pay is not exactly what you look for - you owe nothing.

Ready to extract unprecedented business value from payment transactions?

DigIntu Tech Ltd

Hermanova 61

17000 Prague

Czech Republic

EU VAT-ID CZ05233518

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