Cosmos Payments

Accelerating payments modernization on a unified, future-proof platform

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Unified, end-to-end payment orchestration and processing across all major payment types.

The payments landscape is changing rapidly. Driven by evolving customer expectations, new technology, non-bank competitors, and rising transaction volumes, the time is now for banks and credit unions to innovate. New technology like real time, open APIs, and cloud banking are helping to meet customer demand, while providing speed, convenience, and decreased cost.

Cosmos Payments can help banks and credit unions accelerate the adoption of new technology, simplify payments operations, and grow their businesses by consolidating all payment types on one system. Cosmos is an end-to-end solution that automates payments through initiation and settlement, enabling financial institutions to unify payment processing into one system for TCH’s RTP® network, ACH, the Fedwire® Funds Service, Visa Direct, and soon, the FedNowSM Service.

Real-Time Payments (RTP) Network

Supports your payments that need to arrive right away—in real-time. Cosmos for RTP® connects financial institutions to The Clearing House’s RTP system with a complete end-to-end solution.

The FedNow Service

The FedNow Service is an alternative real-time payments rail to The Clearing House RTP® network, scheduled to go live in 2023. As a FedNow Ecosystem Partner, we can ensure that when FedNow is ready, you are too.

Visa Direct

Enables you to provide fast payout capabilities to your customers, with transactions routed and processed in near real time.


Supports your high volume, low value payments on a 1-3 day settlement schedule. Currently, ACH is still the dominant payment method for bill payments, and it is also the most cost effective option for financial institutions.

The Fedwire Funds Service

Supports your low volume, high value payments. Fedwire will be converting to ISO 20022 to be more compatible globally. However, that may cause integration challenges for your existing legacy systems. Alacriti can help.

Key Features

ISO 20022-Based

Employs data and message models based on ISO 20022 standards helping you drive payments modernization and innovation, greater levels of automation and global messaging consistency.

Cloud-Native, Built for Scale

Built on leading cloud services including Amazon Web Services, Cosmos provides you with security and scalability that’s always available. Our cloud-native architecture is built for speed, responsiveness, and reliability and provides you with a strong foundation for innovation.

Microservices-Based Architecture

Cosmos’ Open APIs and microservices based architecture allow you to fine tune your payment services to meet ever changing customer needs and regulatory requirements.

Real-time Payments

Supports the entire RTP Message set and connectivity to The Clearing House (TCH)’s RTP Network enabling you to deliver advanced real-time payment services to your customers.

Intelligent Payment Routing

Provides you with flexible options tailored to your needs and payment scenarios.

Ease of Integration

Cosmos’ flexible framework delivers simple and fast integration with core banking, digital banking, fraud and risk management and other internal systems.

Integrated Fraud and Risk Management

Real-time fraud monitoring and detection including transaction screening against OFAC lists, negative / bad accounts, transaction limits, velocity rules, etc., enables you to manage risk and maintain regulatory compliance.

Reporting and Analytics

Comprehensive, in-depth reporting and analytics for unparalleled insight into payment operations.

Built-In Security

Built-in advanced security features to ensure data and privacy protection.


Unified Payment Processing and Settlement

Consolidate payment processing, orchestration, and settlement for all payment types through a single system. Centralized processing helps to lower processing costs and improve operational efficiencies.

Fast Time to Market

Deliver on customer expectations for convenient real-time payment experiences. Gain access to the ACH, Fedwire, RTP, and FedNow clearing and settlement networks with pricing models that scale with you, eliminating the need for large upfront investments.

Future-Proof Your Payments Infrastructure

Drive payments modernization and data-driven innovation powered by ISO 20022-based messaging standards that supports seamless interoperability between payment schemes, including TCH’s RTP and FedNow Services.

Agile Cloud-based Platform

Built from the ground up, and optimized for cloud scale and performance. Open APIs and microservices based architecture provides limitless possibilities to create differentiated faster payments products and experiences.

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