Newgen Payment Hub Solution
Disjointed payment processes for
different modes of payment
Multiple payment formats (CTS,
ACH, RTGC, SWIFT, etc.)
High operational costs for
managing legacy systems
No flexibility to accommodate
changes in the payments
landscape
Lack of visibility across various
payment processes
Suboptimal performance due to
high transaction volumes
Difficulty in adhering to
regulatory compliance
Overview
Key Challenges
Digital payments are on the rise, making it critical for financial institutions to
streamline their processes for managing different modes of payment and
keeping track of enterprise-wide monetary transactions. A payment hub
consolidates and centralizes the various payment systems to enable agility,
reduce costs, and improve efficiency.
Newgen's payment hub solution bridges the silos between different payment systems used
by financial institutions to facilitate and manage all payment types through a single, unified
interface. Built on a digital automation platform, with low code and cloud capabilities, the
solution modernizes the payment architecture to enable a single payment gateway, thereby
providing more control on monetary transactions and creating a future-ready enterprise.
Newgen Payment Hub Solution
Payhub Ecosystem
ACH
CTS
Payment Hub
RTGS/RTC
WireTransfer
Swift
Wallet
SEPASCD/SDD
CrossBorder
(WU/MG)
Host-to-host
INPUT CHANNELS
PAYMENT HUB STRUCTUREOUTPUT CHANNELS
Customers Internet Banking/H2H
Clearing HouseOutward CTS/ACH/
RTGS/RTC/Returns/etc.Other SystemsMobile/ATM/POS/
Phone/Cards
Bank BranchesCBS Transactions
(On Us)
Bank Branch/Department CBS Users
SWIFTOutward Messages
Transmission (MT/MX)
SWIFTInward Messages
Clearing HouseInward CTS/ACH/RTGS/RTC/SEPA
Payhub DirectInterface-Initiate CBS/CH/SWIFT (Outward)
Originating Channels
Internet Banking
Bank Branches (Walk-ins)
Host-to-host (H2H)
Mobile Banking
Phone Banking
ATM
POS
Cards (Credit, Debit, Prepaid Cards)
SWIFT
Clearing House
Business Entities
Originating Channels
Payment Networks
TransactionTypes
PaymentProducts
Domestic International
Clearing Cheques
Fund Transfer (On Us)
EFT/ACH (Debit/Credit)
RTGS (High Value Payments)
RTP/RTC (Low Value Payments)
UPI
SEPA (SCD/SDD)
Mobile Wallet
Cross Border Payments
(WU/Money gram)
Cross Border Payments - SWIFT
SEPA Payments (SCD/SDD)
Payhub Products
Retail Banking Customers
Corporate Banking Customers
Private Banking Customers
Credit Card Holders
Branch Users
Departments Users (Trade
Finance, Treasury, etc.)
Other Financial Institutions
Payhub Users
CTS
Domestic Payments
(ACH/RTGS/RTC)
SWIFT MT (FIN)
SWIFT MX (ISO 20022)
SWIFT FileAct
SEPA
SAP iDoc, XML
CARD Payments
(MASTER/VISA/AMEX)
Treasury Payments
Security Payments
Outgoing Payments
Incoming Payments
Batch/Bulk
Single Real time
R-type transactions
(Reject/Refusal/Return/Refund/
Request for Cancellation/Reversal)
Mixed Payment Instruction Files
Supported Payment Modes and Types
Payment Modes Payment Types
Payhub 360 Degree View
Why Newgen?
Improved operational efficiency
Enhanced business agility
Straight-through processing
Cost optimization
Increased process visibility
Superior customer experience
INPUT CHANNELS INTEGRATION
OUTPUT CHANNELS
CONFIGURATION
Internet BankingCBS
Treasury
Host-to-host
AML
Mobile Banking
SWIFT
Third Party
Clearing House
Other Systems
Phone Banking
ATM/POS
Cards
Introduce Verify Enrich Sort Finalize Execute
Bank User
SWIFT
Clearing House
Newgen PayhubSWIFT Clearing House Core Banking
PAYMENT SCHEMA
PROCESS LAYER
PRODUCTS
CTS
ClearingCheques
Funds Transfer
RTGS (HV)
RTC (LV) EFT/ACH WalletCross Border
WU/MGSEPA
SCD/SDDCross Border
SWIFT
CBS Transaction
Domestic Payments SEPA
SWIFT MT/MX
User Interface Workflows MDM BRMS BAM
Originate
Consume Message/ File
Decrypt
Bulk/ Debulk
Validate
Duplicate
Cut Off
Prioritize
Repair
Conversion -XML
OFAC/ AML
Compliance
Rules
Mandate Check
Screening
Exception Handling
Approvals
CSM Message
Fee Calculation
Accounting
Accept
Reject
Grouping by Type
Routing
Warehouse
Send Files
Payment Advice
Statements
Recon
OC
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About Newgen
Newgen is a leading provider of low code digital automation platform. Globally,
successful financial institutions, insurance, government, and shared services
organizations rely on Newgen's industry-recognized products and
applications—to manage their processes (BPM), content (ECM), and
communications (CCM)—for connected operations. From customer onboarding
to service requests, from loans and deposits to underwriting, and many more,
Newgen's industry applications transform business-critical operations with
agility. Newgen's cloud-based platform enables digital transformation initiatives
for superior customer experience, optimized costs, and improved efficiencies.
FOR SALES QUERY AMERICAS: +1 (202) 800 7783
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www.newgensoft.com