Payments modernization research

10 Hard realities – and opportunities – in payments modernization

Business challenge:

Stay relevant with real-time payments

The payments industry is at an inflection point. Customers are increasingly demanding new payment options like real time payments and P2P payments, underpinned by security and trust. The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are mounting. The exposure to operational risks, data breaches and fraud losses can increase exponentially as a consequence of adopting new payment types like real-time payments.

Solution approach:

Reinventing the payments landscape

Envision a modern state-of-the art payments hub that allows you to introduce real time payments services and other payment types rapidly. Simplify and streamline your payments operations for cost savings. Apply cognitive services to counter fraud in real-time. Robust and secure payment systems help banks handle data volumes securely and comply with payments standards such as ISO20022.

Solutions from IBM

Payment process modernization

Modernize payment operations by radically simplifying processes. Reduce costs and deliver real-time payment services. Ensure regulatory compliance, including PSD2.

SWIFT Services modernization 

Make your SWIFT payment processing secure, continuously available and flexible, at a lower cost per transaction.

Fraud prevention for payments

Provide real-time fraud prevention in any cashless payment system, through any channel. Cut testing and deployment times for new profiles, rules and models.

Canadian payments modernization

Save up to 40% on modernization costs. Gain competitive agility with a scalable cognitive end-to-end payment platform. Add operational value and compliance.

News and events

Discover where we will be next and what you may have missed

Delivering a more secure SWIFT Services zone

At SIBOS 2018, Dr. Mike Maxwell discusses effective digitalization and customer security program compliance.

A better way to deliver high value payments faster

IBM combines effective processing and robust security to deliver SWIFT and other High Value Payments better.

Leverage new Payments Pricing solution

IBM offers creative z/OS® Payments Pricing for Financial Transaction Manager clients wrestling with unpredictable payment workloads.
Read the press release

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