takes validation and enrichment a step further and uses web services in standard xml outputs to automate the entire process whilst the transaction is being processed in the back or middle office.
Essentially, the legacy payments system makes a call to Validate on demand and the response uploads in real-time, fully automating the process and completely removing manual intervention.
Other major features of Validate On-demand include the ability to configure and manage correspondents by currency, amount, value and percentage, giving the bank complete control over its payment network from a single point, whilst still having the benefits of the payments reference data for other transactions.
To set up our simple "Proof of Concept" to try out Validate On-demand and to find out about our first month for free offer contact :
+44 7802 514502