Why it’s time for a new approach to wire processing
A healthy wire operation is the heart of any financial institution’s payments business. Errors in processing – downtime, delays, duplicates and lost payments – cost money, and erode client trust.
Banks need to provide resilient wire services in the face of increasing volumes and demanding SLAs. They must also be ready for the future of wires: 24x7x365 processing and ISO 20022 messaging.
Legacy systems cannot meet the demand. Fortunately, a new approach is at hand – wire processing as a service in the cloud. In this informative webinar, a panel of experts will explore:
- The latest wire trends
- Challenges with current processing options
- The benefits of payments as a service
- How active-active-active processing in the cloud can deliver outstanding resilience at low cost