FIS rolls out test solution for real-time payments

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To assist banks and payment services providers moving to embrace real-time payments, financial services technology giant Fidelity National Information Services (FIS) has launched a test solution emulating the payments environment to test and improve services in development.

FIS’s test solution enables new or updated real-time payments systems to be validated for functionality, accuracy and compliance, to help avoid complications or costly modifications when the next-generation payments services actually go live, FIS said in a Wednesday announcement.

Emulating elements of the payment chain that are scarce or not available to test against directly, FIS’s tool supports payment generation and validation, cross-checks of incoming and outgoing payments, service virtualization, automation and APIs, according to FIS.

More banks are adopt faster processing to accommodate digital payments. That's leading to lots of new technology and a push for stakeholders to collaborate to speed deployment.

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