Modular, API First, In Memory, Event-Driven Payment Hub Platform
The banking sector continuously aims to
Banks today must continuously innovate – offering unique payment experiences in a guaranteed fashion across different interaction touch points ensuring all customer segments & interaction hot spots are addressed.
Tap Into New Revenue
Increase existing volumes
Address regulatory changes
Personalized Experiences
Increase Operational Efficiency
Veracious Payment Hub
Introducing GSS’ Veracious Payment Hub – the most comprehensive, simple to configure, Low Code enabled all in one Payments platform designed to empower banks to consolidate both Domestic and Cross Border Payment Rails – choosing from a list of preconfigured networks, with the ability to configure and enable compliance to more Central Bank driven / privately regulated payment rails.
With our Business first parameter configuration approach - we deliver modern, robust, reliable, feature - rich and secure payment solutions in a matter of weeks per instrument.
The Three Core Pillars of Our Payment Platform
Banks strive to enhance customer experiences to drive transaction acquisition. Our Veracious Payments Hub provides a robust acquisition layer, enabling seamless integration with mobile banking, internet banking, direct ERP connections for corporates, and custom corporate portals. It also supports workflow automation and direct system integrations—embracing an API-first approach for maximum flexibility and efficiency.
Omnichannel Integration
Custom Corporate Portals
Workflow Automation
Integrate with Fintechs
API-First Approach
As digital payments evolve, payment orchestration is becoming increasingly essential. The rise of new transaction methods and the explosive growth of e-commerce have led to a surge in transaction volumes for banks & corporates of all sizes.
At the same time, downstream payment rails are expanding, with countries adopting multiple payment networks, including Real-Time Payments, Mobile Money, one-to-one Remittance networks, and traditional methods like Cheques, EFTs, Mandates, RTGS, and SWIFT.
With growing volume and complexity, banks require intelligent routing, workflow automation, and advanced processing capabilities such as automatic transaction reversal, regeneration, message augmentation, and truncation to manage today’s payment flows efficiently. Our Veracious Transaction Orchestration Layer delivers these capabilities through an easily configurable, parameter-driven approach.
Seamless Core Banking integration and Straight-Through Processing (STP) are now essential in modern banking. Additionally, real-time dashboards provide transaction status updates, detailed journey tracking, and deep insights—ensuring complete visibility and control.
The Veracious Payments Hub stands out with its advanced downstream payment execution systems, ensuring compliance with Central Bank and international payment network standards while offering seamless integration and automation.
Universal Payment Hub Platform for all Payment Rails
A unified low code enabled all in one payments platform that handles payment life cycle, Real Time processing within the hub and domain rich pre built configurations.
Real-Time Dashboards
Track transactions, drill down on statuses, and gain operational insights.
Schema Validation Engine
All Messages and schemas used across different payment networks are validated prior to sending or parsing on inward flows
Open Telemetry enabled tracking
Platform offers comprehensive open telemetry standard audit logs, audit trails and traces
Comprehensive Archival Engine
Out of the box Archival engine available with dedicated screens and functional flows
Business Process Management
Comprehensive Rule engine that allows to define bank defined instrument specific payment flows
Dynamic Screen Generator
Add more screens and processes with ease
Universal Notification Engine
Integrate SMS, Email, Slack , Teams or custom notification updates to various channels and Systems
Investigation & Reconciliation
Platform offers ability to track and reconcile transactions across transaction journey
Platform Features
The composable architecture of the Veracious Payment Hub provides a competitive edge, allowing each modular application to be highly extensible through simple configuration. Each module follows an In Memory Event Driven Microservices Architecture coupled with Business parameter configuration enabling your organization to adapt and scale your payment solutions with ease.
Composable & Modular Architecture
Cloud-Agnostic Deployment
Kubernetes Orchestration
Most Advanced Real Time Architecture
API First
Organizational, Technical & Functional Mapping
Electronic Fund Transfer Credit
Cross Border Payment Platform
MT-MX Converter
Salary Engine
Document Management System