Iliad Solutions, a global enabler of payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024.
To help organizations make this SCT Inst transition smoothly and keep up-to-date with the latest changes, Iliad Solutions has “developed the SCT Inst Testing Solution, an orchestrated version of its highly acclaimed t3 payment testing platform.”
The Solution is said to empower financial institutions in order “to securely simulate all types of instant payment journeys included in the new 2023 rulebook – across both internal and external ecosystems.”
Anthony Walton, CEO, Iliad Solutions comments:
“With Europe’s major financial institutions facing more operational pressures than ever before, staying up to date with the latest banking innovations is a perennial challenge. Our SCT Inst Testing Solution enables quality managers, technology officers, and operations leads to deploy the new SCT Inst version with confidence.”
Walton added:
“Banks and payment providers who want to remain at the forefront of financial innovation need to embrace this upgrade, we can help.”
All financial institutions participating in SCT Inst need to “be ready for the changes involved.”
In a world that is experiencing unprecedented technological change, businesses need to be confident they can keep pace and rapidly evolve. Iliad Solutions claims it “has over 25 years of experience in payments.”
They claim to have been “at the forefront of building, implementing, and supporting major payment solutions.”
Their experience has led them to “develop the most comprehensive and resilient test and certification solutions available in the world today. Iliad’s global customer base trusts them to take the risk out of payment testing.”
More recently the t3 platform has been “extended to accommodate certification, it has already been adopted by the US’s largest merchant acquirer.”