CGI payment solutions and services

Helping banks deliver tomorrow’s payments

Today, with many countries adopting or planning to adopt real-time payments, all banks must implement significant changes to their payments applications and core systems. For many, this is a complex task requiring the replacement or enhancement of legacy architectures and the elimination of operational silos. Even banks that have initiated payment hub replacement programs over the last 10 years are finding that significant changes are still required.

With margins under pressure and regulators making more demands, how can banks prepare for real-time payments? How can they simplify their payments processing and keep their payments business profitable? How can they reduce fraud and address increasing cyber threats, while ensuring regulatory compliance?

CGI advises clients on developing payment transformation strategies that minimize risks and costs while enabling their payments’ businesses to deliver.

And, it’s not just about real-time payments. In Europe, there is the need to comply with the revised Payment Service Directive (PSD2). In the UK, the Competition & Markets Authority (CMA) reforms are imposing new requirements. In Canada, the modernization of all payments infrastructures by Payments Canada is underway. And, in the U.S., there are broad payment standardization and process improvement programs in the works.

CGI provides a full range of services for all participants in the new payments world, including FinTechs, corporates, member banks, central market Infrastructures and regulators. We understand the entire payments value chain and deliver innovative solutions in the following areas:

  • Real-time payments
  • Batch processing
  • Flexible and integrated payment service hubs
  • SEPA solutions
  • Open banking/CMA and PSD2 solutions 
  • API management
  • Financial messaging
  • Security
  • Payments monitoring
  • Payments testing 
  • Payments advisory and scheme consolidation 
  • Integrated cards and loyalty consumer finance platform