Open Banking Solutions For Corporate Payments
Open Banking is an opportunity for banks to create more choice for corporate customers. To retain revenue while remaining compliant, banks must provide a better service than the competition. And that means communicating better both internally and with trusted-third parties.
Solutions for Open Banking
Secure information exchange
Exchange data with TTPs securely using blockchain and tokenisation. Innovate while reducing the risk of opening up internal systems
Data privacy & compliance
Cryptographic keys maintain a secure, permissioned ecosystem ensuring compliance with data privacy regulations and ultimate trust in data
Settle faster thanks to information on the purpose, origin and beneficiaries of a transaction being available when you need it
How it works
Identitii Tokens cryptographically represent data, travelling with a transaction over existing payment networks
Create a real-time data ecosystem to remain compliant and competitive in the new open banking ecosystem
From any data source to your internal systems
Identitii Tokens permission access and reduce high risk touch points
Share documents at the time a transaction is made
Third party integrations unlock the Open Banking value chain
Real-time data for customer centric solutions
The opportunity to help your corporate customers optimise for Open Banking and API innovation in payments has never been simpler. Overlay+ enables banks to provide access to innovative banking services from other TTPs, all via a single API that brings together technology leaders from areas such as RPA, risk and compliance and cloud.
Identitii can help corporate banks become what Accenture termed ‘innovative data traders’, by providing secure, auditable access to partners that help corporates improve their payments operations.