Payments

Developing a winning game plan for payments

New regulations, low interest rates, steep operational costs, outdated legacy systems, and too many manual processes are just some of the reasons why payment services have become less profitable. To maintain their competitive advantage, improve compliance management, and increase the efficiency of their legacy systems, industry leaders have responded by centralizing and standardizing their payment infrastructures into a payment services hub (PSH).

In Australia and around the world, country payment regulators are also transforming their ACH and low value payment schemes. This revolution in payments is introducing real-time or near real-time payment processing.

CGI has the experience, knowledge and solutions to design, build and operate country-wide solutions - from high-care to real-time and batch payments. We also provide a full range of services for all the participants in the new payments world, whether corporates, member banks, Central Market Infrastructure providers or regulators. We understand the complete payments value chain.

Based on industry best practices and standards, CGI’s payment solutions enable banks to efficiently manage regulatory and market changes while introducing new and tailored services across the globe. With minimal disruption and risk, our solutions help you to transform your payments business model and update your processes, making them easily adjustable for future requirements, all while providing consistent, reliable and innovative services to your clients.

With decades of experience, we have made fundamental contributions to the payments industry, from the design of the SWIFT network for international transfers in 1973 to the most recent advances in the design and implementation of payment infrastructures and processes. Our extensive experience, combined with our end-to-end technology services and payment capabilities, can help you implement world-class payment services.

Experience and expertise

  • More than 15 years of national payments infrastructure support in more than 20 countries
  • We provide the payments infrastructure for one of Asia Pacific’s leading banking groups
  • We process 70% of low value transactions in New Zealand
  • We manage the interbank funds transfer system in Canada, which processes an average of more than $167 billion per day
  • CGI supported the design and development of the Continuous Linked Settlement (CLS) network interface for member banks.
  • 28% of global volumes of FX payments processed by our IP

To learn more about how we can help you build a high performance payment services model, contact us.

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