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Digintu.pay offers solutions based on low code and artificial intelligence to make ISO 20022 adoption easy and viable.
The proliferation of real-time/instant payments, cross-border interoperability, and the growing adoption of ISO 20022 are just some trends that have sped up the pace of change. It is predicted that 85% of all payments will use the ISO 20022 and Open Banking standard within the next 5 years.
Many financial institutions, small and medium-sized businesses, have not yet upgraded their infrastructures to comply with ISO 20022 standards because of time, budget, or technical debt constraints. The majority will experience business discontinuity because their payment systems, ERP, or accounting software cannot connect to some banks or partners.
Our payment initiation connectors buy you more time and space for keeping your business running even after ISO 20022 rollout.
Financial institutions and businesses have been facing high costs generated by negative acknowledgment (NAKs) and rejections, causing increased operational efforts. With ISO 20022, debtors can ensure that a message is validated before initiating the payment.
Our payment validation solutions ensure that any SWIFT message that is passed through our tools will be subjected to the same checks as the SWIFT Network. If it passes on our systems, then you know it will also be accepted on the SWIFT Network.
Payment infrastructures are now expecting payment instructions with richer data, such as creditor names and invoice references, e.g. for fraud prevention. Most businesses will experience a high number of rejects because more actors comply with the new ISO 20022 format.
Our payment solutions transform payment messages and unlock additional business value from rich data.
Banks are facing enormous costs involved in manually tracking payment status across the value chain. There is no transparency regarding bank fees charged and the FX rates applied.
With our payment tracking solutions, banks can pass tracking information to clients, giving end-to-end visibility and resulting in savings of as much as 50 percent on client inquiry costs.
80% of payment data used by financial institutions is unstructured, and spread across legacy technology systems, making it difficult to have a complete picture.
Our artificial intelligence and machine learning solutions leverage reach data included in ISO 20022 messages to analyze, predict, and enable instant and frictionless payments.
Banks and businesses rely on third-party software vendors to ease their migration towards ISO 20022, seize the opportunity, and decrease the risk of information loss.
Our low code platform allows banks and businesses to build their own frontend and backend solutions without tech skills. Using a visual approach, our customers build software applications for anti-money laundering, sanction screening, accounting, billing, reconciliation, reporting systems, information retaining, or archiving from the comfort of their web browsers.
DigIntu Tech Ltd
Hermanova 61
17000 Prague
Czech Republic
EU VAT-ID CZ05233518
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