Visit our partners Petra Financial at stand A503 and Power Payments Technologies at stand B106, SIBOS, Vienna.

Rubikon’s integration of Vortex Software as a Service from Petra Financial, which uses leading reference data from CB.Net to deliver BBAN, BIC and IBAN validation functionality, offers customers an integrated innovative solution that assists banks and financial institutions to achieve significant increases in STP rates and dramatically reduce the costs of payment handling errors. Banks and financial services institutions face great challenges in the next year converting large numbers of accounts, direct debits and payments data to the IBAN format to comply with SEPA regulation, as well as the problems associated with worldwide cross-border payments, which Vortex also alleviates.

Through Rubikon’s integration with Wire Transfer Wizard® (WTW) from Power Payments Technologies, Neptune is able to offer a complete suite of integrated payments services, including SWIFT messaging, anti-money laundering (AML), and exceptions and investigation (E&I). The comprehensive solution provides an advanced E&I workflow and case management solution to be used for international and domestic SWIFT-based exceptions, a payment oriented general purpose SWIFT messaging and payments processing solution, a gateway for corporate customers into SWIFT, and an AML layer to secure incoming and outgoing SWIFT and domestic transactions. Like all Neptune and PPT products, the WTW for E&I is J2EE based and SOA thus delivering a complete, compact, and easy to integrate and operate solution.

For an opportunity to meet our payments partners and to discuss the benefits our combined Rubikon-based solutions bring to our customers, visit them at SIBOS.