COPE Payments
Payment operations are the heartbeat of a financial institution’s back-office operations. Efficient and cost-effective processing is becoming more and more critical to a positive bottom line. COPE Payments offers the flexibility to respond to changing business requirements and enables the integration of a wide variety of payment transfer services through a common application. It interfaces to high-value RTGS systems, low-value ACH systems and systems such as STAR Global Messaging to provide a single source solution for domestic and international payments.
Features at a Glance
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Universal Benefits
COPE Payments brings multiple benefits to the transaction services business. Its comprehensive range of connectivity options to industry clearing and settlement facilities allows support for a diverse range of payment services, in turn allowing much greater opportunity for new product design and deployment. The flexibility of the architecture reduces the time-to-market for new products and services and a comprehensive charging, commission and billing subsystem provides a highly flexible range of revenue collection facilities.
The extensive database is specifically designed to increase the percentage of straight through payments which will reduce costs and optimise transaction profitability. A wide range of enquiry and reporting facilities enhance transaction visibility and control which leads to a reduction in processing errors, enhances the customer service proposition and aids the management of risk.
The application and technology platform have together been designed for online, real-time transaction processing at significant volumes and incorporate full fault tolerance within the standard architecture. The integration of all payment services in a single, integrated system provides the opportunity to both reduce costs and enhance production management.
How Can We Help?
Global & Regional Banking Whether through organic growth or a sustained process of merger and acquisition, the emergence of financial institutions whose operations span multiple geographic regions continues apace.Corporate & Commercial Banking The highly competitive corporate and commercial banking sector is constantly required to respond to changes in business conditions and industry regulations.Domestic & Retail Banking Two core requirements drive the provision of your domestic consumer banking services: the ability to deliver services to a high volume mass market, and the ability to differentiate products and services through business and technological innovation.