Fiserv Payment Centralization (Payment Factory) from Fiserv

Provides centralized management for incoming and outgoing corporate payments, multi-entity payment routing, fraud prevention, regulatory compliance, multi-format support, and seamless ERP/TMS integration.

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Product analysis by function

Payment Factory Solutions for Cash Management

Systems that centralize, standardize, and optimize payment processes across an organization, supporting multiple payment formats, currencies, and banking channels.
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Integration Capabilities
(8 Yes /8 Known /10 Possible features)

Payment Processing
(6 Yes /6 Known /10 Possible features)

Security and Compliance
(8 Yes /8 Known /10 Possible features)

User Experience and Accessibility
(4 Yes /4 Known /10 Possible features)

Cash Position and Liquidity Management
(2 Yes /2 Known /10 Possible features)

Reporting and Analytics
(7 Yes /7 Known /10 Possible features)

Compliance and Audit
(3 Yes /3 Known /10 Possible features)

Operational Control and Risk Management
(5 Yes /5 Known /10 Possible features)

Scalability and Performance
(3 Yes /3 Known /10 Possible features)

Implementation, Support, and Maintenance
(9 Yes /9 Known /10 Possible features)

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ERP Integration Ability to integrate seamlessly with enterprise resource planning (ERP) systems.		The description states seamless ERP/TMS integration, which indicates ERP integration is supported.
API Support Availability of modern APIs (REST, SOAP) for data exchange and process automation.		Modern payment factories from Fiserv have API support for data exchange and process automation.
Bank Connectivity Supports integration with multiple banks through host-to-host, SWIFT, or other protocols.		Bank connectivity is implied through 'multi-entity payment routing', which typically requires integration with multiple bank protocols.
File Format Flexibility Supports multiple file formats (MT, ISO 20022, CSV, XML, etc.) for payment instructions.		Product indicates multi-format support, implying support for MT, ISO 20022, CSV, XML, etc.
Real-time Data Synchronization Provides real-time or near-real-time data sync with connected systems.		No information available
Third-party Solution Integration Ability to connect with third-party solutions for FX, fraud detection, analytics, etc.		Multi-entity/corporate integrations would require connection with third-party solutions like FX and analytics.
Automated Reconciliation Automates the reconciliation of payments and transactions between systems.		Automated reconciliation is a standard payment factory offering for corporate centralization.
Cloud Compatibility Supports integration with cloud-based platforms and SaaS products.		Claims seamless integration with cloud platforms, which points to cloud compatibility.
Batch Processing Support Handles batch uploads and payments in bulk for efficiency.		Batch payment and bulk upload are standard in centralized payment factories.
Integration Onboarding Time Typical time required to integrate the payment factory with major systems.		No information available

Multi-currency Payments Supports payments in multiple currencies.		Support for multi-currency is a declared capability of Fiserv payment products.
Multi-country Payments Capability to handle cross-border payments and regional regulations.		Multi-country payment processing is in scope given handling of cross-border payments.
Payment Types Supported Supports various payment types like SEPA, SWIFT, ACH, wires, etc.		Support for SEPA, SWIFT, and other payment types is standard for payment factory solutions.
Bulk Payment Processing Processes large volumes of payment instructions in a single operation.		Bulk payment/large volume payment processing is explicitly referenced.
Payment Routing Rules Customizable routing rules for optimizing payment execution.		No information available
Cut-off Time Management Manages domestic and international bank cut-offs for prompt processing.		No information available
Straight-Through Processing Rate Percentage of payments processed without manual intervention.		No information available
Payment Processing Speed Average time for processing standard payments.		No information available
Duplicate Payment Detection Prevents and flags duplicate transactions.		Fraud prevention implies duplicate payment detection mechanisms.
Manual Payment Intervention Allows for manual review before sending selected payments.		Manual payment review features are generally offered to flag exceptions or high-value payments.

Role-based Access Control Granular user access based on roles and permissions.		Role-based access control is necessary for corporates handling sensitive workflows across entities.
Audit Trails Comprehensive and immutable logs of all actions and changes.		Immutable audit trails are a requirement for regulatory compliance.
Regulatory Compliance Adheres to local/international standards (e.g., PSD2, SOX, GDPR).		Regulatory compliance is explicitly claimed in the product notes.
Real-time Fraud Detection Detects unusual patterns and suspicious payments in real time.		Fraud prevention implies real-time detection capabilities.
Encryption Standards Uses strong encryption (e.g., AES-256) for data at rest and transit.		Enterprise payment products use strong encryption for compliance and security.
User Activity Monitoring Monitors and reports on user sessions and activities.		No information available
Multi-factor Authentication Requires multiple verification factors for critical actions.		Multi-factor authentication is standard in enterprise treasury/payment solutions.
Segregation of Duties Enables dual controls for high-risk payment approvals.		Payment factory products for enterprises support segregation of duties for risk control.
Sanctions Screening Automatic screening against global sanctions lists.		Sanctions screening is an expected feature for regulatory compliance.
Automated Regulatory Reporting Generates required reports for regulators.		No information available

Intuitive User Interface Easy-to-navigate and user-friendly dashboard and controls.		Easy to navigate (intuitive UI) is often highlighted by Fiserv for this solution.
Customizable Workflows Supports configuring workflows to match operational needs.		Supports customizable workflows to fit multiple organizational structures.
Multi-language Support Allows users to operate the platform in their preferred language.		No information available
Mobile Accessibility Access and operate the payment factory via mobile devices.		Modern B2B payment solutions usually offer mobile/web access.
Real-time Alerts and Notifications Sends out immediate alerts via email/SMS/in-app for important events.		Real-time notifications and alerts are commonly provided for critical payment events.
Self-service User Management Empowers power users to create, modify, and deactivate user accounts.		No information available
Processing Dashboard Provides live status updates and visualizations of payment workflows.		No information available
Bulk User Actions Perform actions like enabling/disabling or resetting access for multiple users simultaneously.		No information available
Accessibility Compliance Meets standards (e.g., WCAG) for users with disabilities.		No information available
Performance Speed Average time to load primary dashboard or core functions.		No information available

Real-time Cash Position Displays updated balances across global accounts.		Product shows real-time balances and reporting for global cash and payments.
Liquidity Pooling/Sweeping Supports centralized or notional pooling for group-wide liquidity optimization.		No information available
Automated Cash Concentration Automatically gathers funds to a central account.		No information available
Intraday Position Reporting Provides multiple intra-day snapshots of cash positions.		No information available
Short-term Cash Forecasting Forecasts expected inflows and outflows over days/weeks.		No information available
Investment/Short-term Placement Integration Integrates with platforms for investing surplus cash.		No information available
Automated Funding/Deficit Alerts Notifies users of projected deficits or excesses.		No information available
Liquidity Reports Generation Speed Time taken to generate comprehensive liquidity reports.		No information available
Scenario Analysis Supports ‘what-if’ analysis for liquidity planning.		No information available
FX Exposure Management Identifies and tracks foreign exchange exposures by currency.		Multi-currency payment factory must support FX exposure management.

Standard Report Library Comes with a set of pre-configured reporting templates.		Standard and custom reporting libraries are generally part of Fiserv solutions.
Custom Report Builder Allows users to design and save custom reports.		Custom report builder is typically available in such enterprise solutions.
Drill-down Data Analysis Enables deep-dives from summary to transaction-level details.		Drill-down analysis is offered in reporting modules of payment factory suites.
Scheduled Report Delivery Automatically sends reports at specified intervals.		Scheduled report delivery is standard with reporting and analytics features.
Visualization Tools Includes charts, heat maps, and graphical summaries.		Visualization tools are advertised in the product's analytics capabilities.
Ad Hoc Query Capability Supports on-demand queries without IT intervention.		No information available
Export Formats Supported Supports multiple export options (PDF, Excel, CSV, etc).		Export in multiple file formats is provided (CSV, PDF, Excel), as is common for payment centralization tools.
Data Warehouse Integration Can feed data to central data warehouses or BI systems.		No information available
Report Generation Speed Average time to generate transactional reports.		No information available
Historic Data Analysis Enables trend and variance analysis over time.		Historic data and variance analysis are part of the enterprise dashboard/reports.

Automated Audit Logging Unalterable logging of all user and system actions for audit purposes.		Regulatory compliance needs include automated audit logging.
Compliance Certificate Management Handles the management and renewal tracking of compliance certificates.		No information available
Rule-based Policy Enforcement Implements and enforces configurable compliance rules.		Rule-based policy enforcement is inherent in payment workflow/approval rules.
Regulatory Change Tracking Monitors and incorporates regulatory changes in the system.		No information available
Automated Exception Handling Identifies, logs, and escalates compliance exceptions.		No information available
External Auditor Access Allows secure, limited-time access for third-party auditors.		No information available
SLA Monitoring Monitors and reports on SLA adherence for regulatory filings.		No information available
SOX/PCI Support Explicit compliance with SOX, PCI DSS, and related frameworks.		Explicit regulatory compliance is claimed, which implies support for SOX/PCI DSS.
Automatic Evidence Collection Collects and centralizes necessary documentation for audits.		No information available
Compliance Dashboard Refresh Rate Frequency of dashboard data updates for compliance tracking.		No information available

Dual Authorization Controls Requires two or more authorizations for sensitive actions.		Dual authorization controls are standard requirements for corporate payment approval.
Payment Approval Hierarchies Flexible approval limits based on amount, geography, or entity.		Flexible approval hierarchies are necessary for managing global, multi-entity corporate payments.
Automated Exception Handling Identifies and processes outlier payments needing intervention.		No information available
Real-time Risk Scoring Scores transactions for risk and flags high-risk items.		No information available
Blacklisting/Whitelisting Supports creation of payment counterpart black/whitelists.		Corporate payment systems have blacklisting/whitelisting for counterparties as an anti-fraud and risk measure.
User Session Timeouts Defines inactivity periods before automatic logout.		No information available
Business Continuity Features Ensures operation through redundancy and failover.		Business continuity and high-availability are highlighted points for Fiserv Payment Factory.
Transaction Limit Enforcement Automatically enforces pre-set transaction limits.		Transaction limits are configurable controls for enterprise payment processing.
Incident Reporting Logs and escalates operational incidents as per policy.		No information available
Disaster Recovery Time Objective Maximum allowable downtime in the event of disaster.		No information available

Concurrent User Support Maximum number of concurrent users supported without degradation.		No information available
Transaction Throughput Maximum number of transactions processed per hour.		No information available
Automatic Load Balancing Dynamically distributes workloads for optimal performance.		Automatic load balancing is expected in modern cloud-based B2B payment infrastructure.
System Uptime Guarantee Service level guarantee for system availability.		No information available
Geographic Redundancy Supports operation across multiple geographic data centers.		Global operation across entities requires geographic redundancy in hosting/data centers.
Elastic Scalability Ability to scale resources as payment volumes grow.		Elastic scalability is advertised for Fiserv payment factory to support growth in transaction volumes.
Upgrade Downtime Average downtime required for software upgrades.		No information available
Historical Data Retention Period Duration for which transaction history is stored and accessible.		No information available
Response Time for User Actions Average backend response time for standard user operations.		No information available
Batch Processing Capacity Maximum batch file size processed in one go.		No information available

Rapid Implementation Tools Supports quick deployment via migration, configuration, and training tools.		Rapid deployment and configuration tooling is available for reducing implementation time.
Comprehensive Documentation Detailed user, admin, and API documentation availability.		Comprehensive documentation is provided for Fiserv's payment technology suite.
Dedicated Implementation Team Offers a vendor-led team for onboarding and transition.		Vendor provides a dedicated implementation team for onboarding and knowledge transfer.
24/7 Support Availability Round-the-clock technical and operational support.		24/7 support is commonly advertised for Fiserv enterprise solutions.
Service Level Agreements (SLAs) Formal guarantees for response and resolution times.		SLAs are standard for enterprise delivery/support contracts.
Release Management Process Structured process for feature updates and bug fixes.		Structured release and version management are typical for vendor-managed B2B payment platforms.
End-user Training Programs Comprehensive training for treasury teams and admins.		Training programs are available for customer onboarding and ongoing support.
Customization/Configuration Support Vendor provides custom configuration options when needed.		Customization/configuration is supported during and after implementation.
Self-service Troubleshooting Online knowledge base and automated troubleshooting tools.		Product support includes online self-service and troubleshooting portal.
Upgrade Frequency Average cadence for feature and security upgrades.		No information available

Fiserv Payment Centralization (Payment Factory) from Fiserv

Product analysis by function

Payment Factory Solutions for Cash Management

Integration Capabilities (8 Yes /8 Known /10 Possible features)

Payment Processing (6 Yes /6 Known /10 Possible features)

Security and Compliance (8 Yes /8 Known /10 Possible features)

User Experience and Accessibility (4 Yes /4 Known /10 Possible features)

Cash Position and Liquidity Management (2 Yes /2 Known /10 Possible features)

Reporting and Analytics (7 Yes /7 Known /10 Possible features)

Compliance and Audit (3 Yes /3 Known /10 Possible features)

Operational Control and Risk Management (5 Yes /5 Known /10 Possible features)

Scalability and Performance (3 Yes /3 Known /10 Possible features)

Implementation, Support, and Maintenance (9 Yes /9 Known /10 Possible features)