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IBM Industry Frameworks
 
IBM Payments Framework for Financial Services
The IBM Payments Framework for Financial Services provides integrated solutions helping create a competitive edge for you through renovating, consolidating and simplifying your payment environments.
Payments Framework for Financial Services helps address issues and business needs by providing a context for IBM software, assets and services for payments—including assets that accelerate the adoption of renovated architectures, industry standards and ISV applications.
The advantages of Payments Framework for Financial Services are:
- Can help you transform existing disparate payment applications and data types into an integrated system through common definition of data, processes and services.
- Simplifies and reduces the connection points and the number of times a message needs to be translated to a new message format.
- Can lower the expense associated with point-to-point payments systems—resulting in improved overall efficiency and cost reduction.
Payments Framework for Financial Services leverages our lead in SOA, combined with experience gained from a client list that includes a majority of the financial services industry companies on the Fortune 500 list.
Payments Framework for Financial Services encompasses payment platforms and individual solutions, such as:
- SEPA (Single Euro Payments Area) and SEPA Direct Debit Compliance
- SWIFT and MERVA Modernization
- Payments Bus Integration
- Corporate
- Check21
- Mobile
These are the products you will use for integrating your Payments Framework for Financial Services solution.
Key IBM middleware software components
Elective components
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