Payments
The following are the key features of 202304. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Processing Customer Cancellation Request Message | Temenos Payments is enhanced to support the processing of CBPR customer cancellation request that are received through SWIFT or an API for the original payment initiation message. |
| Information Request | Temenos Payments is enhanced to capture, authorise, and view Information Requests. It generates an Unable to Apply message such as a camt.026 based on the captured Information Request, which is then sent to the clearing. |
| Inbound Information Requests | Temenos Payments is now enhanced to receive and process Inward Information Requests (camt.026) and respond with Outward Information Request Responses (camt.029) messages. |
| Cheque Presentment Notification | Temenos Payments is now enhanced with the ability to send the camt.107 (Cheque Presentment Notification) message to the drawee bank. |
| Information Request Response and Additional Payment Information | It is now possible to receive and process Information Request Responses (camt.029) and Additional Payment Information (camt.028) messages in TPH. |
| Message Rejects and Receipt Acknowledgements | It is now possible to receive and process Inward Message Rejects and Receipt Acknowledgement messages. |
| Migration from 2009 XML Message Format to 2019 XML Format | It is now possible to receive and process Inward Message Rejects and Receipt Acknowledgement messages. |
| QR Billing for SIC and euroSIC Clearing | This functionality allows banks to manage the incoming QR bill payments (pain.001), initiation of QR bill payments via the Payment Order Application (POA) or Order Entry (OE) and generation of the outgoing pacs.008 message. |
| Outward Customer Credit Transfers | This functionality enables banks to manage Real Time Gross Settlement (RTGS) outgoing customer credit transfers (pacs.008) in the Temenos Payment Hub. |
| Inward Customer Credit Transfers | This functionality enables banks to manage Real Time Gross Settlement (RTGS) incoming customer credit transfers (pacs.008 messages) in the Temenos Payment Hub. |
| Information Request and Response | This functionality allows banks to manage the FedNow information request messages (camt.026) processing received for credit transfer payments (pacs.008) and send the Receipt Acknowledgement (admi.007) message for an inward camt.026. TPH is enabled to initiate and send responses to the received information requests through the camt.029 messages. This functionality also manages the processing of an inward admi.002 and admi.007 for the camt.029 that was sent out. |
| EuroSIC Rulebook Changes for 2021 and 2022 | This functionality allows banks to support EuroSIC clearing functionality with the latest upto date rulebook changes published for 2021 and 2022 respectively enhancing the redirect pacs.004 message for pacs.008 and pacs.009 messages, camt.029v8 message with the latest changes. |
| Process the FedNow and Participant Broadcast Message (admi.004 Incoming) | This functionality allows banks to receive and process the FedNow Broadcast message (admi.004 incoming) from clearing. |
The following are the key features of 202303. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Country Validation | Country specific payment conditions can now be defined and checked during payment initiation or processing. |
| FedNow - Payment Return | This functionality allows banks to manage the FedNow instant return payment processing. TPH has the ability to initiate returns against the credit transfers received from other FedNow participants. TPH will generate the pacs.004 file for customer credit transfer messages. |
The following are the key features of 202302. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| FedNow - Customer Credit Transfers | Using this functionality, banks are able to process the outward and inward pacs.008 payment messages and receive the inward technical reject response (admi.002) and positive/negative business response (pacs.002) messages through the new configurations, mappings and process flows, released for this functionality. |
| Eurosic RB2021 and RB2022 Changes | This functionality allows banks to manage EUROSIC payments due to the impact of CBPR+ changes. |
The following are the key features of 202301. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Swiss Interbank Clearing (SIC) | This functionality covers the SIC 2022 Rulebook changes to incoming, outgoing and redirect of pacs.008, pacs.004 and incoming, outgoing of pacs.002, camt.056 and camt.029. It also covers the SIC 2022 Rulebook changes to support incoming and outgoing pacs.002 messages. |
| NPP PayTo | This functionality allows banks acting as Payer to receive and process payment initiation requests initiated by payer via Cuscal API and initiate automatic payments as NPP Instant credit transfer and also receive payment returns. |
| Eurosic RB2021 and RB2022 Changes | This functionality allows banks to manage the euroSIC RB2021 and RB2022 changes for pacs.008 customer credit transfers (incoming and outgoing). |
| BPAY Direct Participants | This module allows banks to manage the inward BDF file acceptance, debulking and mapping, processing of transactions with instruction type 05, 15 and 25, validate the biller code and identify the settlement account. |
| Fednow Instant Clearing | Fednow is an ISO20022 based instant payment clearing in USA. This module currently supports outgoing and incoming credit transfers (pacs.008) and related confirmation messages (pacs.002). |
The following are the key features of 202212. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| NPP Payments | This functionality allows banks to send an accepted or rejected response to Cuscal for a payment initiation request received if it is successfully validated or if the validation fails. The outgoing positive or negative pain.002 message is processed and generated with the appropriate mapping. |
| Supporting 2019 ISO20022 XML Messages in TPH | Temenos Payments is enhanced to support 2019 version of ISO20022 XML messages in Customer to PSP space. |
The following are the key features of 202211. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| NEFT Clearing | This functionality allows banks to process the outward N07 file generation, process manual and automatic returns and support the receipt of ADMI messages. |
| SWIFT CBPR Q4 UHB Changes | Temenos Payment is now enhanced to be compliant with Q4 2021 and Q1 2022 CBPR guidelines. |
| Batch Processing of Customer Transfer Initiation Files with Charge Option as DEBT / OUR | Temenos Payments is now enhanced to support charge option as DEBT or OUR when processing a bulk payment as a batch. The charges of both the receiving bank and the debtor are calculated and collected from the debtor. |
| EBA Request to Pay (R2P) | Temenos Payments is enhanced to support EBA R2P (Request to Pay). |
The following are the key features of 202210. For a complete list of the new features, refer What's New PDF.For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Cancelling Debit Collection Order | The user can now initiate the cancellation of the debit collection order from the DB module, if the collection order is in a cancellable state (Error or Placed respectively) before distribution to Clearing. |
| Uploading ISO 20022 External Code List | Temenos Payments is now enhanced with the ability to automatically and manually upload the external code list file in PI.ISO.EXTERNAL.CODE table. The users can also manually add or edit the code values using an enquiry. |
The following are the key features of 202208. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Sending Cross-border Customer Payment Status Report (pain.002) | TPH is now enhanced to support cross-border customer payment status report (pain.002) through SWIFT network. |
The following are the key features of 202207. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Enhancing Channel Validations and Mapping for Redirection of pacs.008 and pacs.004 | Temenos Payments is now enhanced with new channel validations and mapping changes for STEP2 and CBPR+ to support the following redirection flows.
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| Supporting Case Management for SWIFT CBPR+ Payments | Temenos Payments is now enhanced to support the following case management functionality for SWIFT CBPR+ payments:
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| TPH_Print Advice Through Delivery Module | The clients migrating from fund transfer to TPH can now have print advice posted through the Delivery module. |
The following are the key features of 202206. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Repairing Messages using TPR for High STP Rate | Temenos Payments Repair features include,
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| DEBIN Registration Clearing | This functionality allows banks to transfer funds between customers with an immediate transfer. Unlike other means of payment, DEBIN is an immediate online transfer by which the collector (seller) initiates the process and the payer (buyer) can accept or reject the request. |
The following are the key features of 202205. For a complete list of the new features, refer What's New PDF. For the list of Reference Business Process, click here.
| Feature | Description |
|---|---|
| Supporting RtP Clearing Reports | Temenos RtP framework has been enhanced with the following functionalities to support RtP reports received from Clearing:
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