Gartner Research

What's in a Payment Services Hub: Building the Next Generation of Banks' Payment Architecture

Published: 13 April 2009

ID: G00165791

Analyst(s): Mary Knox , Christophe Uzureau

Summary

Many banks are looking into modernizing their corporate and retail payment systems, and are shaping long-term visions for their payment architecture. They must plan for the right payment services and payment engines to maximize business benefits.

Table Of Contents
  • Overview
  • Time to Make a Move
  • The Focus of This Research
  • A Common Language to Share the Vision
  • Introduction: Preparing the Payment Journey
    • Stage 1: Payment Origination, Message Processing and Creation of the Payment Object
    • Stage 2: The Bank's Payment Workflows and Processing
    • Stage 3 — Message Processing and External Processing, Clearing and Settlement
    • Stage 4: Payment Delivery and Client Services
  • Recommendations

©2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.