Banking & capital markets

Payments

Enhancing the entire payments value chain

Techvedic innovative payment solutions support the entire payments value chain and every participant—from FinTechs to corporates—in the new payments world.
Modernize payments, increase velocity, achieve competitive advantage

Techvedic has made fundamental contributions to the payments industry—from the design of the SWIFT network for international transfers in 1973, to chip and PIN card rollouts, to the design and implementation of payment infrastructures and processes using distributed ledger technologies and APIs. This experience, combined with our end-to-end technology services and payment capabilities, can help you implement world-class payment services.

At the forefront of payments for 40+ years
  • Manage the interbank funds transfer system in Canada, which processes an average of $167 billion per day
  • Supported the design and development of a member bank interface for connectivity to the Continuous Linked Settlement (CLS) system
  • Developed specifications and best practices for implementing the NACHA ISO 20022 XML Opt-in Program
  • Collaborated with the UK’s Payments Council to develop its Current Account Switch Service
Our experience by the numbers
40%

global FX settlement volume processed by Techvedic

>20%

SWIFT payment transactions settled by Techvedic

>35%

U.S. wire-based transaction volume handled by Techvedic

Techvedic in Banking

At Techvedic, we understand the pressure banks are experiencing to accelerate their digital journeys.

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