Gain flexibility, adaptability, and efficiency for your business
Financial Institutions
In the world of payment ecosystems, a financial institution refers to an entity exclusively dedicated to providing financial services such as deposits, loans, investment management, credit and debit card issuance, and payment processing.
At OmniPayments, we offer comprehensive standard packages tailored for these financial institutions as well as customized solutions for any financial entity needing bespoke services. OmniPayments can transform your financial institution’s payment processing: Book a Demo
why to get our
Comprehensive Solutions for Financial Institutions
Our robust and modern software is designed to be a cost-efficient and secure payment platform, positioning OmniPayments as a “One Stop Shop” for all your financial technology needs. As solution integrators, we provide:
Advanced Payment Software
- Our modern, modular, scalable, and adaptable payment software meets the specific needs of our clients
Our Experts Working for you
- Our in-house team of experts listens to and understands client needs, proposing the optimal operational model and complementing our standard offering with additional modules for a tailor-made solution.
Administration Services
- For clients who prefer, we can manage the solution in production, removing the operational burden and allowing them to focus on their core business.
Compliance and security
- We are PCI DSS 4.0, PCI PIN, and PCI SCF compliant, ensuring our solutions meet the highest financial security standards to secure financial transactions
rapid and efficient
Customization and Integration
Our software, developed in C, allows us to quickly adjust small software components called “user exits” to meet specific client requirements. Our team identifies, understands, analyzes, develops, and integrates the necessary cross-border functionalities, building a complete solution for our clients.
In-house expertise and
fast time-to-market
With all resources in-house, we eliminate the need for outsourcing, ensuring flexibility and a quick time-to-market. Financial institutions can rest assured that OmniPayments starts with a standard solution and adds necessary modules to achieve the desired outcome, without requiring significant costs for customizations.
A specialized package tailored for Issuers.
Our Standard Offering for Financial Institutions
Terminal Management
The OmniATM module gives banks the ability to directly control an ATM terminal network. The module serves as a front end and mediates communication between the ATM devices and the authorization application(s).
Preauthorization
The OmniAuth is our preauthorization engine that removes a significant processing load from issuing banks. Rules can be applied to numerous classifications of transaction sources. The transactions are sent in real-time to the financial institution’s core to get the final response.
Cryptography
The OmniSecurity broker manages PINs, files, tokenization, keys, and digital certificates. For secure payment processing, it sets up HSM modules for encryption and decryption, validates PINs for transactions, and defines credentials for email report delivery.
Transaction Log
Our OmniUI provides the Transaction Log to assist administrators in troubleshooting transactions. The Settlement Extract File, represents the cumulative transaction set of all logging points, aiding in transaction liquidation. This functionality is integral to our multi-functional payment solutions.
Fraud Engine
Known as the Fraud Blocker, this functionality allows security departments. It blocks perceived fraudulent transactions in real-time, and tests rules in a Sandbox before deployment to the production environment, ensuring anti-fraud payment solutions.
Data Replication
OmniReplicator can run in Active/Passive or Active/Active configurations, requiring data replication between machines. The infrastructure uses NonStop audit trails to trigger replication, ensuring safe payment solutions through reliable data management.
Dashboard
The OmniDash module runs on the NonStop platform under a Linux environment. It enables managers to monitor their business performance with graphical summaries of transaction data. This supports configurable payment systems with real-time monitoring.
User Exits
User Exits provide functions to map client request elements to provider request elements, enabling the deployment of business logic for personalized transaction flows. This enhances the customization and efficiency of transaction processing, making it a versatile component of our flexible software for payment.
Modern Message Formats
Originally established ISO8583 messages have been phased out by ISO19845 as old and outdated systems of today’s globalized world. Due to the dynamism in the advancement of technology, it is appropriate that software components deal with XML, REST, and JSON messages.
Secure Sharing
OpenAPIs expose core components of the OmniPayments application, including core banking services, peer-to-peer (P2P) payments, business-to-business (B2B) transactions, and point-of-sale (POS) systems, among others. The robust web-based architecture of OmniPayments facilitates this integration.
Third-Party Innovation
APIs enable third-party developers by offering them the bank databank, which in turn helps third-party developers come up with novel products. Open banking using APIs gives these non-bank payment providers grand opportunities while society’s confidence in these providers increases.
Select the option that best suits your business demands
Deployment Models for Every Need
capex
On-Premise
You can run our licensed software On-Premise in your own data center or physical location. It provides you with full control over hardware, software, and security, but requires significant upfront investment and ongoing maintenance.
opex
OmniCloudX
Simplify your payment solutions with the SaaS model in our private cloud. It helps minimize the costs and resources needed to maintain payment systems. OmniCloudX has state-of-the-art, redundant and secure data centers.
Get a Demo Today
OmniPayments adapts to your needs. We can always build a customized software solution for your business capacity and budget.
