Like many cross-border payment solutions, one of the world’s largest banking and financial services organization’s existing payment platform was expensive to operate and cumbersome for customers to use. To better serve its customers, the bank decided to build a modern global payments solution that allows for more flexibility.
The bank selected Alacriti to design and implement its new cross-border payment solution due to our proven experience in developing highly scalable payment systems and deep expertise in financial messaging standards. With Global Direct, the bank is now able to offer a powerful yet convenient solution for making payments online, and the bank’s clients have reaped substantial cost savings by replacing paper checks with electronic payments.
