⬆️United Kingdom🇬🇧: the cloud platform ACI Connetic will enable banks to integrate SWIFT, CHAPS and Faster Payments systems

⬆️United Kingdom🇬🇧: the cloud platform ACI Connetic will enable banks to integrate SWIFT, CHAPS and Faster Payments systems

The platform runs on Microsoft Azure cloud infrastructure and enables fragmented payment systems to be consolidated into a unified SaaS environment, reducing fragmentation and lowering operational costs.

🌀 Background: traditionally, UK banks use SWIFT for international transfers, CHAPS for same-day sterling settlements, and Faster Payments for instant transfers. This fragmentation requires multiple service providers, separate operational teams, and complex reconciliation processes. Oversight is conducted by the Bank of England through the Real-Time Gross Settlement system.

🌀 Solution: the ACI Connetic platform supports A2A payments, card payments, and AI-based fraud preventionwithin a modular structure. Integration is optimized through cloud architecture and open APIs, enabling shorter implementation timelines and faster return on investment.

🌀 Context: ACI Connetic is currently being actively deployed across the European Union and the United States🇺🇸. This allows banks to implement payment processing systems without maintaining their own hardware infrastructure.

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