Aggregated Connectivity
Address challenges for financial institutions by providing a seamless, single access point to multiple payment and securities networks, systems and infrastructures across the globe.
The proposed regulatory, technological and operational changes will transform the UK payments landscape between now and 2023.
The principal milestones are Open Banking, the revised Payments Services Directive (PSD2) and the creation of the UK New Payments Architecture (NPA). These pivotal initiatives will drive the introduction of new payment processes and instruments, known as Overlay Services, such as Request to Pay, Enhanced Data and Confirmation of Payee.
A new Simplified Payments Platform (SPP) will be launched as a central infrastructure which will replace legacy systems, in particular, Bacs Direct Credits, Direct Debits, Faster Payments and cheque clearing.
GET IN TOUCH
Want to learn more about Bottomline's aggregated connectivity solutions?
Give us a call.
Our solution experts are here to help.
+61 2 8047 3700Chat with us.
Chat with one of our solution experts. We'll recommend the right product to fit your needs.
Let us help you maximise your payments reach.
Tell us a bit about you and your business and we’ll get back to you with all the information you need.