Adapting to the requirements of an evolving regulatory landscape, such as ISO 20022, requires an agile technology platform.
Enterprise Payments: Fedwire® from Fiserv provides a single ISO 20022-compliant platform for processing domestic and international wires across Fedwire.
Enterprise Payments: Fedwire helps increase overall payment processing speeds and reduces the need for manual intervention – meaning you can process more payments more efficiently and at a lower cost.
With Enterprise Payments: Fedwire, financial institutions are enabled with the high straight-through processing (STP) rates, real-time debits and credits, and accuracy your customers demand, along with more complete data to help you minimize risk and improve regulatory reporting.
*Fedwire is a registered trademark of the Federal Reserve Banks.
Real-time transaction processing with individual payment instructions initiated, cleared and settled immediately throughout the day
Intelligent, configurable routing and automated data enrichment and repair capabilities
Automated regulatory tools to help meet regulatory obligations across all payment types
Robust liquidity management tools with integrated flow control and scheduling
Enterprise Payments: Fedwire can be deployed on-premises, in the cloud or as a hosted (ASP) solution, with connectivity to upstream and downstream systems, from account processing and foreign exchange to fraud and anti-money laundering
Learn more about how Enterprise Payments: Fedwire offers the high STP rates, real-time debit and credit, and account notifications your customers want, with optimized processing efficiency and reduced operating costs.
With the introduction of the RTP® network from The Clearing House® service and the Federal Reserve’s plan to offer instant payments in 2023, organizations need to work out how these payment rails coexist and develop a roadmap to meet market demands. What do all the changes mean for high-value wire payments, which are critical to large corporate banks and financial institutions?
If you want to know more about Enterprise Payments: Fedwire or just want to talk about your business requirements, fill out the form and we will contact you as soon as possible.