BankPay
The payment landscape in Europe is undergoing a profound transformation, driven both by regulations such as SEPA, PSD2, ISO 20022 migration, and new regulations on Instant Transfers, as well as by new technologies. These innovations are redefining the business models of banks and enterprises, impacting processes, structures, and information systems. The growing demand for digital services and the opening of the market to new operators are creating a competitive environment and stimulating the search for new strategies to differentiate themselves.
In this scenario, banks play a crucial role in supporting businesses. IT becomes a key element for transforming business models for collections and payments, reducing operational costs, optimizing services, and facilitating the digital evolution of customers.
To meet these challenges, banks need to adopt flexible and agile information systems that can quickly adapt to market changes and support innovation.
BENEFITS
BankPay is a complete suite of solutions for managing both domestic and international (SEPA) bank collections. Designed based on over 30 years of experience, it offers banks an integrated platform to efficiently and effectively manage all collection processes.
The suite includes independent modules, a dedicated competence center, and a wide range of ancillary services. Thanks to these features, BankPay enables banks to offer their customers a broad range of collection services, supporting them in adapting to the continuous regulatory changes in the sector.
The solution is highly customizable and adapts to the specific needs of each bank. Currently, about 40% of large Italian banks rely on BankPay to manage their collections, demonstrating its reliability and the provider's extensive expertise.
Commercial Portfolio
Management of all functions for the acquiring bank (creditor's bank) related to collection instruments such as bills of exchange, RiBa, MAv, and the liquidation of the Commercial Portfolio
Cash Effects
Management of all functions for the collecting bank (payer's bank) related to collection instruments such as bills of exchange, RiBa, MAv/RAv
RAv & Postal Slips Collections
Management of all functions for the treasury bank and the collecting bank related to collection instruments such as Freccia, RAv, Postal Slips
Invoice and Document Advances
Management of all functions for advances on invoices and other documents, in multi-channel delivery mode, and for settlement/results functions
SEPA Direct Debit
Management of all functions for creditor and debtor banks related to pan-European SEPA Direct Debit (Core and B2B), liquidation of the Commercial Portfolio, and AOS SEDA
Accounting Rules
Parametric management of the interface to General Accounting and Current Accounts (rule manager for events)
Debtor Risk
Support for debtor risk analysis related to collections of the Portfolio, SDD, Invoice Advances
Request to Pay
Management of the new pan-European SEPA RTP scheme with liquidation and reconciliation
Transferability of Payment Accounts
Allows efficient management of processes for account transfers, ensuring full compliance with regulations
EU Regulation 2015/847
Provides cross-application functions and services for compliance with EU Regulation 2015/847, relevant to the bank's fund transfer applications
Supply Chain Finance
Solutions for Dynamic Discounting and Confirming
Management of Tax Credits
Solution for the bank management of tax credits transferred by customers