Payments as a service helps to focus on the core business

PPI offers financial institutions a regulatory, professional and technically secure operation of the payments landscape, both in a complete and in a partial manner. Payments as a service gives financial institutions more time for product development and customer care. From access channels to core processing and interbank communication, PPI covers the entire payments process. The technical operation is rounded off by managed services, which, for example, take over business process outsourcing.

In today's market, financial institutions must be in a position to adapt their products and thus their IT landscape to changing conditions much more quickly and frequently than ever before. Whether the reason is regulatory measures or new customer requirements; the applications are always affected and subject to constant change.

Due to the many modifications in a short period of time, cost-efficient operation of the IT is often in the foreground. As a result, the resources that are actually necessary to take care of the bank's core business are lacking. The remedy is a strategically planned and consistently implemented payments outsourcing with the right partner. The latter's expertise in areas such as IT security, regulation, business aspects and technology is crucial for the desired success – the refocusing on the actual daily business of the institute: customer service.

Hybrid cloud solution

Payments as a service by PPI was developed with precisely this in mind. is a cloud-hosted payments solution which, thanks to a hybrid platform, realises the necessary economies of scale and still enables the bank's individuality in the correspondence business. In addition to the core payments platform, the entire payments process can be mapped; from various access channels such as EBICS, web portal or XS2A, to core processing and connection to interbank payments. Around the core payments platform, the service provides AML and sanctions screening, intelligent reconciliation, transaction monitoring and exception management. Managed services, which include regulatory and security issues as well as business process outsourcing, complement the payments outsourcing platform.